BRIEF: Qunabox returns to black in 2025
Smart vending machine operator Qunabox Group Ltd. (0917.HK) said on Friday that it expects to report it returned to profitability in 2025, projecting a net annual profit of between 270…
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…
BRIEF: Mininglamp launches Hong Kong IPO to raise $131 million
Marketing software developer Mininglamp Technology (2718.HK) launched its Hong Kong IPO on Thursday, aiming to sell 7.2 million shares for HK$141 each to raise up to HK$1.02 billion ($131 million).…
Flowing Cloud taps investors for more cash as metaverse halo disappears
The marketing services provider, once billed as Hong Kong’s ‘first metaverse stock,’ plans to raise about $10 million through a share placement to ease its financial pressure Key Takeaways: Flowing…
Mininglamp IPO advances with key regulatory approval
China’s securities regulator has registered the leading marketing software maker’s Hong Kong listing, which could raise more than $100 million Key Takeaways: Mininglamp’s Hong Kong IPO has been approved by…
BlueFocus sets sights on Hong Kong IPO as revenue, margins slip
China’s leading provider of marketing services is joining a growing tide of Shanghai- and Shenzhen-traded companies making second listings in Hong Kong Key Takeaways: BlueFocus has filed for a Hong…
Shrinking Lemeng faces uphill road to New York IPO
The advertising services company’s revenue contracted 16% in the first half of 2023, as it seeks to raise about $20 million from a U.S. listing Key Takeaways: Lemeng’s revenue fell…
