BRIEF: Ruihe Data to raise $16 million in 14% discounted share placement
Financial big data and AI solutions provider Ruihe Data Technology Holdings Ltd. (3680.HK) announced on Sunday that it plans to place up to 158 million new shares to six or…
BRIEF: Synagistics’ shares surge on acquisition plan
Digital solutions provider Synagistics Ltd. (2562.HK) announced on Thursday it has agreed to acquire up to 100% of a big data and digital transformation platform company for an undisclosed price.…
Yidu finds good medicine in regulatory nod for its AI
The provider of medical big data services said China’s cyber regulator recently approved two of its key deep synthesis algorithms Key Takeaways: Yidu Tech’s shares rose 13.6% on the day…
FAST NEWS: 111 Inc. enters strategic supply agreement with Scrianen Pharma
The Latest: Pharmaceutical distributor 111 Inc. (YI.US) announced Tuesday that it has entered into a strategic direct supply partnership with drug developer and maker Beijing Scrianen Pharmaceutical. Looking Up: This…
FAST NEWS: Yeahka’s operating profits soar on post-Covid rebound
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) announced on Thursday its net profit for the first half of the year fell 55.8% year-on-year to 33.16 million yuan ($4.55 million). But…
Yidu suffers from lingering Covid chill
The medical data company’s revenue tumbled 55% in the six months through March as hospitals and other medical institutions delayed their resumption of non-Covid services Key Takeaways: Yidu Tech’s revenue…
FAST NEWS: Yidu Tech CEO Resigns, Replaced by Husband
The latest: Healthcare data company Yidu Tech Inc. (2158.HK) announced a series of leadership changes during the Wednesday midday trading break, with Gong Yingying resigning as CEO. She was replaced…
