BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
SenseTime’s Profits Sucked Up Into R&D Vortex
Mounting research and development spending pushed SenseTime, one of China’s ‘Four AI Tigers,’ further into the loss column in the first half of the year Key Takeaways: SenseTime spent up…
