Transsion’s Hong Kong listing plan cleared by CSRC

China’s securities regulator announced on Friday it has formally registered the Hong Kong IPO application from Shenzhen Transsion Holdings Co. Ltd. (688036.SH), clearing a key regulatory hurdle for the cellphone…

BRIEF: Coolpad loss widens as hardware margins drop

Cellphone maker Coolpad Group Ltd. (2369.HK) announced on Thursday it expects to report a net loss of HK$245 million ($31.5 million) to HK$265 million for 2024, widening 10% to 20%…