BRIEF: JST jumps in Hong Kong trading debut
Shares of e-commerce software as a service (SaaS) enterprise resource planning (ERP) provider JST Group Co. Ltd. (6687.HK) opened 24.2% higher in their Hong Kong trading debut on Tuesday, and…
BRIEF: Jihong profit doubles in first three quarters of 2025
Cross-border social e-commerce company Xiamen Jihong Technology Co. Ltd. (2603.HK; 002603.SZ) announced on Thursday that it expects to report a net profit of 257 million yuan ($36 million) to 270…
Jingdong Industrials’ stalled Hong Kong IPO clears key hurdle
The listing plan by China’s leading B2B marketplace for industrial buyers has received a green light from the country’s securities regulator Key Takeaways: Jingdong Industrials has received the regulatory nod…
BRIEF: Weimob raises $201 million through share placement at 8.9% discount
E-commerce services provider Weimob Inc. (2013.HK) announced on Thursday that it will raise HK$1.56 billion ($201 million) through a placement of 688 million shares to Infini Capital, representing 16% of…
Huitongda puts its cash to work with investment in struggling supplier
The Alibaba-backed e-commerce company will pay 994 million yuan for 25% of Jin Tong Ling, a maker of industrial equipment now undergoing a court-led restructuring Key Takeaways: Huitongda will pay…
China moves to end solar bloodbath, as East Buy chases warehouse club crown
China is floating yet another plan to rescue its oversupplied solar sector, including a mass shuttering of excess capacity. Will the government-led effort work this time? And a former online educator says it wants to become the new online Sam's Club of China. Does East Buy have what it takes to succeed?
Be Friends charts new path without famous founder
The livestreaming e-commerce company’s revenue rose 8.7% in the first half of 2025, as it uses a matrix-based operation model and AI to rebuild after losing its popular lead host…
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