BRIEF: Mininglamp launches Hong Kong IPO to raise $131 million
Marketing software developer Mininglamp Technology (2718.HK) launched its Hong Kong IPO on Thursday, aiming to sell 7.2 million shares for HK$141 each to raise up to HK$1.02 billion ($131 million).…
Mininglamp IPO advances with key regulatory approval
China’s securities regulator has registered the leading marketing software maker’s Hong Kong listing, which could raise more than $100 million Key Takeaways: Mininglamp’s Hong Kong IPO has been approved by…
BRIEF: Kingsoft Office’s first-quarter profit climbs 10%
Kingsoft Corp. Ltd. (3888.HK) said on Wednesday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary’s revenue rose 6.2% year-on-year to 1.3 billion yuan ($1.78 million) in the first quarter,…
Slipping AsiaInfo dials up revenue contraction, losses
The telecommunications software maker said its revenue fell about 10% in the first half of the year, as it lost money for the first time since its 2018 Hong Kong…
Kingdee transition still ongoing as cloud unit casts shadow on profits
China’s biggest corporate software maker is scaling back its enterprise resource planning (ERP) business, but costs for its newer cloud unit are still nearly one-third of revenue Key Takeaways: Kingdee’s…
Stodgy Tax Services IPO Looks Like What U.S. Investors Want from China Now
Lichen China’s plan to raise $25 million avoids most of the controversies that have recently plagued U.S.-listed Chinese companies Key Takeaways: Lichen China has filed for an IPO to raise…
Interior Design Specialist Manycore Aims to Become China’s Autodesk
Money-losing cloud-based services provider files for New York IPO that could value it at up to $1 billion Key Takeaways Manycore has emerged as the clear leader in China's computer-assisted…
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