BRIEF: Aux launches $461 million Hong Kong IPO
Air conditioning maker Aux Electric Co. Ltd. (2580.HK) launched its Hong Kong IPO on Monday, aiming to sell 207 million shares to raise up to HK$3.6 billion ($461 million). Shares…
China’s changing tastes buffet western brands as Ant Group faces old headwinds
Burger King withdraws from Hong Kong and Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny.
BRIEF: Shein considers move back to China to smooth way for Hong Kong listing
After experiencing setbacks in its U.S. and U.K. listing plans, fast-fashion e-commerce platform Shein is reportedly considering moving its headquarters from Singapore back to China in a bid to secure…
Joyson Electronic enters robotic race in bid to soup up its IPO
The veteran maker of automotive air bags, which boasts over 100 clients, has filed to list on the Hong Kong Stock Exchange Key Takeaways: Joyson Electronic has filed to list…
BRIEF: SICC launches $260 million IPO
Semiconductor company SICC CO. Ltd. (2631.HK; 688234.SH) launchedits Hong Kong IPO on Monday, planning to issue 47.7 million shares at up to HK$42.80 per share to raise up to HK$2.04…
Ab&B fortifies for battle over China’s vaccine market
With proceeds from a Hong Kong IPO, the loss-making biotech is bidding for a piece of China’s fiercely competitive market for flu and human rabies vaccines Key Takeaways: The company’s…
Apple’s China puzzle and an African phone pioneer’s peril
Apple returns to revenue growth in China, as it also closes its first store in the city of Dalian. What's next for the company in the world's largest smartphone market? And Transsion considers a Hong Kong IPO. Should investors buy into this biggest smartphone maker you've never heard of, banking on its status as Africa's top cellphone brand?