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…
Qidian Guofeng tries on ‘AI halo’ in move to boost business
The company, which is developing an online-merge-offline (OMO) new consumption platform, swung to a 2.23 billion yuan loss last year on asset impairments Key Takeaways: Qidian Guofeng has signed a…
Zhipu shifts IPO strategy amid management turmoil, stiff competition
The AI firm, which has begun the process for listing on one of China’s A-share markets in Shanghai and Shenzhen, is reportedly also considering Hong Kong Key Takeaways: Zhipu may…
Yeahka secures bridgehead in U.S. payments market
The Chinese fintech has cleared one of many regulatory hurdles to enter the U.S. digital payments business after gaining a state-level operating license Key Takeaways: After getting U.S. federal clearance,…
WeRide tries buyback maneuver in tight robotaxi race
The developer of driverless technology has unveiled a $100 million share buyback program in a bid to reassure investors after a stock price slide Key Takeaways: Shares in the robotaxi…
