Illustration of the umbrella brand of Geely, which includes Zeekr, Volvo, Lotus.

Zeekr’s buyout stalls, and Chagee’s returns cool

A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?

BRIEF: Goldlion privatization rejected by shareholders

Apparel maker Goldlion Holdings Ltd. (0533.HK) announced on Friday that a plan to privatize the company from major shareholder and Chairman Tsang Chi Ming was rejected by shareholders. Shareholders representing…

BRIEF: Bossini privatization approved, to delist in mid-March

Casual wear retailer Bossini International Holdings Ltd. (0592.HK) said on Monday its shareholders overwhelmingly accepted a privatization offer from Viva Goods Co. Ltd. (0933.HK), a company under sportswear seller Li…
CIMC Vehicles makes and sells semi-trailers to customers in China, North America and Europe.

FAST NEWS: CIMC Vehicles to delist from Hong Kong on June 3

The Latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced Thursday that its proposal to buy back all its Hong Kong-listed shares for HK$7.50 apiece has been accepted by…