Man Wah sets spin-off in motion for its sofa tech unit
The Chinese furniture giant is preparing to list its components subsidiary Remacro to raise the technology unit’s profile and open an independent funding channel Key Takeaways: After listing on China’s…
FAST NEWS: XXG’s revenue grows, but profit falls on one-time factors
The Latest: Auto finance and leasing company XXF Group Holdings Ltd. (2473.HK) said on Monday it expects to report a net profit of 19 million yuan or more ($2.67 million) for the first…
FAST NEWS: Livzon Pharma cancels repurchased H shares
The Latest: Livzon Pharmaceutical Group Inc. (1513.HK) announced on Friday that as of Jun. 27, 2024, it has repurchased a cumulative total of 2.78 million H shares, and all of which…
FAST NEWS: PW Medtech plans to spin off unit for separate listing
The Latest: Medical device maker PW Medtech Group Ltd. (1358.HK) announced Monday that it is considering spinning off its non-wholly owned subsidiary Sichuan Ruijian Medical for a separate listing on the Beijing Stock Exchange.…
FAST NEWS: XXF Group profit jumps on post-pandemic rebound
The latest: Auto finance and leasing company XXF Group Holdings Ltd. (2473.HK) said on Thursday it expects to report a net profit of 103 million yuan ($14.3 million) or more for last…
Health Guard plans dual listing to fund HPV vaccine fight
After a Beijing IPO last year, the loss-making biotech has also filed for a Hong Kong listing to better compete in the crowded market for HPV vaccines Key Takeaways: Beijing…
FAST NEWS: Livzon Pharma plans spinoff for reagent business
The latest: Livzon Pharmaceutical Group Inc. (1513.HK) announced on Friday it plans to spin off its Livzon Diagnostics unit, a diagnostic reagent and equipment manufacturer in which it holds a…
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