A hydrogen listing, and a new China toy story
A young company called Scage is close to listing in New York through a backdoor SPAC merger. Is it really worth the high valuation it's seeking? And 52Toys has hired an investment bank for a Hong Kong IPO. Will it be able to sell investors on its toy story of rapid expansion and hot collectibles?
Despite slumping revenue, Shanghai Refire cruises on government support
The company reported its revenue fell by 28% last year, led by a nearly 50% drop for its core hydrogen fuel cells Key Takeaways: Shanghai Refire’s revenue fell last year,…
BRIEF: Guofu Hydrogen launches IPO to raise up to $56 million
Hydrogen storage and transportation equipment maker Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) launched it Hong Kong IPO on Thursday, aiming to sell 6 million shares, with 10% reserved…
IPO-bound Guofu stuck at low end of hydrogen-power food chain
The new energy company has filed to list in Hong Kong, earning most of its money from hydrogen transport and refueling equipment Key Takeaways: Guofu Hydrogen has posted steady revenue…
Shanghai Refire hitches ride on Beijing’s green ambitions train as it eyes Hong Kong IPO
The maker of hydrogen cells has applied to list in Hong Kong, reporting rapid growth for its products as Beijing pushes to reduce greenhouse gas emissions Key Takeaways: Shanghai Refire…
JinkoSolar Trumpets Hydrogen Alliance With State-Run Behemoth Sinopec
Company will supply solar panels to power a demonstration project to manufacture clean-burning hydrogen fuel Key Takeaways: JinkoSolar has announced its solar panels will power a demonstration project with Sinopec…
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