Pateo Connect revs up for IPO, belching widening losses and slumping margins
A mounting flow of red ink and external risks could turn off investors to one of China’s leading smart cockpit makers as it drives towards a Hong Kong listing Key…
BRIEF: Black Sesame’s revenue jumps more than 50%
Intelligent driving technology company Black Sesame International Holding Ltd. (2533.HK) said on Monday that its 2024 revenue jumped 51.8% year-on-year to 474 million yuan ($65.5 million), as the company reported a net…
Horizon’s lead grows in smart driving race with new product rollouts
The provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) technology said its revenue rose 53.6% last year Key Takeaways: Horizon Robotics’ revenue rose 53.6% last year, as…
BRIEF: iMotion pursues German automotive electronics acquisition
Smart car technology company iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) said on Friday it has offered to acquire a German “premium developer and series supplier in the field of…
Black Sesame emerges as dark horse in driving technology race
The smart car technology maker’s shares are down since their trading debut last August, lagging strong gains for other recently listed peers Key Takeaways: Black Sesame’s revenue rose about 52%…
BRIEF: Saimo Technology ticks up in Hong Kong trading debut
Shares of intelligent connected vehicle (ICV) simulation testing company Beijing Saimo Technology Co. Ltd. (2571.HK) opened up 2.3% at HK$13.30 in their Hong Kong trading debut on Wednesday from their…
BRIEF: Minieye jumps in Hong Kong trading debut
Shares of smart driving and smart cockpit solutions provider Minieye Technology Co. Ltd. (2431.HK), opened up 9.4% in their Hong Kong trading debut on Friday from their offer price of…
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