Shengwei faces long road to profit with ride-hailing losses
The transport services firm has filed for a Hong Kong IPO, looking to build on its success as a ticketing hub for road, rail and air travel Key Takeaways: Hit…
GCL Technology plunges into the red, eyes Middle East production
The polysilicon maker said it lost nearly 3 billion yuan in the first three quarters of the year, but hopes to rebound as it starts to put more of its…
FAST NEWS: GCL Technology signs major polysilicon supply deal
The latest: GCL Technology Holdings Ltd. (3800.HK) announced Thursday that it signed an agreement to sell 125,000 tons, 150,000 tons and 150,000 tons of polysilicon to solar panel maker Longi…
Daqo’s profit plunges as growing polysilicon glut casts cloud over sector
The maker of the main ingredient used in solar panel production said its inventory rose sharply in the first quarter as its average selling price fell 25% from a fourth-quarter…
FAST NEWS: GCL Technology to Build New Polysilicon Plant
The latest: Polysilicon products maker GCL Technology Holdings Ltd. (3800.HK), formerly known as GCL Poly, said Monday that its board approved construction of a new plant and accompanying power supply to produce…
FAST NEWS: GCL New Energy Plunges with 20% Discount on Share Placement
The latest: GCL New Energy Holdings Ltd. (0451.HK), a subsidiary of GCL Technology Holdings Ltd. (3800.HK), announced on Thursday that it will place 2,275 million shares on a top-up placement…
FAST NEWS: GCL Tech Posts Strong Quarterly Profit on High Polysilicon Prices
The latest: Polysilicon products maker GCL Technology Holdings Ltd. (3800.HK), formerly known as GCL Poly, announced late Wednesday that it expects to report a net profit of 3.03 billion yuan…
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