BRIEF: Hipine profit jumps on strong jewelry sales, improved watch margins
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) announced on Tuesday that its profit totaled more than 90 million yuan ($12.8 million) for the 11 months through November,…
BRIEF: Hipine surges in Hong Kong trading debut
Shares of gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) roared out of the gate in their Hong Kong trading debut on Tuesday, opening up 184% and continuing to rise…
BRIEF: Hipine launches Hong Kong IPO to raise up to $44 million
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) launched its Hong Kong IPO on Friday, planning to sell 10.6 million shares for between HK$27 and HK$29.60 each to…
High gold prices may take the shine off Hipine as it seeks Hong Kong IPO
The maker of gold watches is grappling with high production costs and weak sales growth following a big jump in prices of the precious metal Key Takeaways: Hipine has filed…
