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…
Easou suffers profit setback, high valuation questioned
The digital entertainment company didn’t bring in cornerstone investors for its IPO, as it seeks a high price-to-earnings (P/E) ratio of 86 times and 118 times based on its 2023…
FAST NEWS: Weimob cancels spinoff plan after shareholder feedback
The latest: E-commerce services provider Weimob Inc. (2013.HK) announced Sunday that it has decided not to proceed with a plan to transfer more than half of its stake in its digital marketing…
FAST NEWS: Many Idea Cloud Blows Hot and Cold on Hong Kong Trading Debut
The latest: Many Idea Cloud Holdings Ltd. (6696.HK), a digital marketing services provider, made its trading debut in Hong Kong on Wednesday with an opening price of HK$2.91, representing an initial…
Many Idea Cloud to Float Shares in Hong Kong Amid Stormy Skies
The integrated marketing solutions provider faces uncertainty as many of its core consumer goods clients suffer from pandemic-related disruptions Key Takeaways: Many Idea Cloud has filed for a Hong Kong…
Private Equity Bets iClick Can Shine Brighter Outside Stock Market Spotlight
Bid by PAG and Oasis Management carries a 20% premium and values the Hong Kong-based provider of digital marketing tools at $640 million Key takeaways: Private equity bid for iClick…