IPO hopeful Distinct Healthcare targets the well-to-do market
The private healthcare provider is hoping to attract investors with a business model focusing on the medical needs of affluent families in leading Chinese cities Key Takeaways: The company has…
Fenbi takes defensive action after steep share slide
The provider of exam preparation services is making a series of share buybacks in a bid to bolster confidence, as its business faces mounting competitive pressure Key Takeaways: The company…
The business of ‘Knowing You’: AI companions fuel the emotion economy
Artificial intelligence is learning to ‘understand’ people to create a new wave of AI companionship that’s quietly reshaping how people connect with technology and themselves By Lee Shih Ta…
BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
iDreamSky merges ‘shoot-em-up’ and anime in self-made play for profits
The gaming company raised money via share placements three times in the last year as it bets on its self-developed ‘Strinova’ to lead it back into the black Key Takeaways:…
BRIEF: China Ruyi returns to profit in first half of 2025
Film and entertainment company China Ruyi Holdings Ltd. (0136.HK) announced on Wednesday that it expects to report a net profit of between 1 billion yuan ($139 million) and 1.2 billion…
