China Int’l Development ditches leather for power semiconductors
The leather goods maker has signed an MOU to acquire power semiconductor maker Lonten, after an earlier deal to invest in a blockchain company collapsed Key Takeaways: China International Development…
China Renaissance banks on cryptocurrencies to revive its fortunes
The investment bank plans to spend $100 million on digital assets as it struggles to boost its business in a weak Chinese economy Key Takeaways: China Renaissance plans to invest…
FAST NEWS: Linklogis Third-Quarter Profit Plunges as Clients Suffer Covid Hit
The latest: Supply chain financing solutions provider Linklogis Inc. (9959.HK) said Tuesday it expects to record an adjusted profit of approximately 153 million yuan ($21.6 million) for the first nine months of…
FAST NEWS: Supply Chain Financing Disruptions Drag Down Linklogis Profit
The latest: Supply chain financing solutions provider Linklogis Inc (9959.HK) announced Thursday that it expects to post an adjusted profit of 125 million yuan ($18.5 million) to 130 million yuan for…
FAST NEWS: Linklogis Adjusted Profit Rises 50% on Improving Operations
The latest: Supply chain financing solutions provider Linklogis Inc. announced a loss of 12.99 billion yuan ($2.04 billion) last year, 17 times the 720 million yuan loss it reported in…
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