Genuine Biotech takes third shot at IPO as financial pressures mount
Demand for the company’s core product has long since faded, and sales for the product took an additional hit after the termination of a distribution partnership with Fosun Pharma Key…
Guoxia Tech banks on AI for energy storage boost
The supplier of energy management systems, trapped in a cycle of high revenues but low profits, has applied for an IPO to help fund its business development Key Takeaways: The…
U.S. listings by Chinese firms face mounting challenges on both sides of Pacific
While new Nasdaq rules threaten to derail many smaller U.S. listings by Chinese companies, China’s securities regulator is also stepping up its scrutiny of such listings Key Takeaways: China’s securities…
BRIEF: Sichuan Biokin launches Hong Kong IPO, eyes Stock Connect program entry
Biopharmaceutical company Sichuan Biokin Pharmaceutical (2615.HK; 688506.SH) launched its Hong Kong IPO on Friday, aiming to raise up to HK$3.36 billion ($432 million) by selling 8.63 million shares for between…
BRIEF: WeRide shares sink in Hong Kong trading debut
Shares of robotaxi operator WeRide Inc. (0800.HK, WRD.US) sagged in their Hong Kong trading debut on Thursday, opening 7.8% lower and falling throughout to close down 9.96% at HK$24.40. WeRide…
Declining revenues, widening losses remove polish from Hiducation IPO
China’s fourth largest online vocational educator is looking for a high-tech boost from AI to jumpstart its business, as it searches for elusive profits Key Takeaways: Hiducation has filed to…
BRIEF: Mininglamp shares double in Hong Kong debut
Shares of marketing software provider Mininglamp Technology (2718.HK) doubled in their Hong Kong trading debut on Monday, opening 98% higher and extending the gains to close at HK$286 by the midday…
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