BRIEF: Synagistics to acquire Chinese AI firm for $30 million
Southeast Asian e-commerce company Synagistics Ltd. (2562.HK) announced on Monday it has entered into a subscription option deed to acquire Chinese AI firm Movitech Co. for $30 million. Under the…
BRIEF: ZG Group completes De-SPAC listing, makes Hong Kong trading debut
Hong Kong’s young market for listings using special purpose acquisition companies (SPAC) completed its second such listing, as Chinese steel-trading platform ZG Group (6676.HK) successfully merged with Aquila Acquisition Corp.…