BRIEF: Pateo Connect’s first-quarter revenue doubles on high-end strategy
Smart cockpit technology maker Pateo Connect Technology (Shanghai) Corp. (2889.HK) on Wednesday said its revenue more than doubled in the first quarter, as its operating profit margin also improved significantly…
BRIEF: Pateo sells remaining Avita stake for $8.78 million
Smart cockpit solutions provider Pateo Connect Technology (Shanghai) Corp. (2889.HK) announced last Friday that its non-wholly owned subsidiary, Huzhou Chuangsheng Chiming Equity Investment Partnership Enterprise, has agreed to sell its…
BRIEF: Pateo jumps in Hong Kong trading debut
Shares of smart cockpit technology maker Pateo Connect Technology (Shanghai) Co. Ltd. (2889.HK) opened up 32% in their Hong Kong trading debut on Tuesday, and continued to climb during the…
BRIEF: Pateo launches $137 million Hong Kong IPO
Smart cockpit technology maker Pateo Connect Technology (Shanghai) Corp. (2889.HK) launched its Hong Kong IPO on Monday, aiming to raise about HK$1.07 billion ($137 million). The company plans to sell…
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: 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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