Easy Smart’s meteoric AI surge masks its low-tech roots
The company’s stock soared after its controlling shareholder acquired a large stake in an AI company, but its financial reality is grounded in a deteriorating fireproofing business Key Takeaways: Easy…
Tired of construction and recycling, Envision Greenwise tries AI infrastructure
Following its earlier transition from construction to environmental work, this ‘chameleon company’ has now set its eye on becoming an AI wunderkind Key Takeaways: Envision Greenwise has spent nearly 1.7…
BRIEF: Lonking profit rises up to 31% in 2025
Construction equipment maker Lonking Holdings Ltd. (3339.HK) said on Tuesday that it expects to report a profit of between 1.25 billion yuan ($180 million) and 1.33 billion yuan for 2025, up…
Sany hopes Hong Kong investors see it as global high-tech heavy hitter
The heavy construction equipment maker’s IPO is set to become the third largest in Hong Kong this year, raising about $1.5 billion Key Takeaways: Sany Heavy is hoping its rapid…
Sany constructs new IPO bid, as low ROE threatens to undermine its valuation
The construction equipment maker’s new Hong Kong listing bid comes after it pulled the plug on previous IPO attempts in Hong Kong, Switzerland and Germany Key Takeaways: Sany Heavy has…
BRIEF: Breton launches $30 million Hong Kong IPO
Construction machinery maker Breton Technology Co. Ltd. (1333.HK) launched its Hong Kong public offering Friday, announcing plans to sell 13 million shares for HK$18 apiece to raise HK$234 million ($30…
FAST NEWS: Tat Hong swings to the red on project delays
The latest: Construction equipment maker Tat Hong Equipment Service Co. Ltd. (2153.HK) warned on Wednesday it expects to report a net loss of 35 million yuan ($4.9 million) to 45…