BRIEF: Cidi stumbles in Hong Kong trading debut
Shares of autonomous mining truck maker Cidi Inc. (3881.HK) opened flat in their Hong Kong trading debut on Friday, then edged down to close 8.4% below their offer price at HK$260 by…
BRIEF: Autonomous truck maker Cidi launches $180 million IPO
Autonomous mining truck producer Cidi Inc. (3881.HK), launched its Hong Kong IPO on Thursday, offering 5.41 million shares priced at HK$263 apiece to raise about HK$1.42 billion ($179 million). Shares…
BRIEF: Breton raises $32 million via share placement at 15% discount
Ｍotor manufacturer Breton Technology Co. Ltd. (1333.HK) announced on Sunday that it plans to place up to 10 million new Hong Kong-listed H-shares, representing 3.98% of its enlarged H-share capital. The…
Full Truck Alliance gets new lesson in economics
The trucking company warned that a planned rate hike for its freight brokerage services could lead to a significant decline in that business, which could ‘adversely affect’ its profits Key…
A hydrogen listing, and a new China toy story
A young company called Scage is close to listing in New York through a backdoor SPAC merger. Is it really worth the high valuation it's seeking? And 52Toys has hired an investment bank for a Hong Kong IPO. Will it be able to sell investors on its toy story of rapid expansion and hot collectibles?
China’s hydrogen drive powers up SPAC listing by Scage
A backdoor Nasdaq listing by the maker of green energy trucks took a key step forward last week with its approval by the Chinese securities regulator Key Takeaways: Scage could…
Full Truck Alliance fires on all cylinders with strong earnings report
The number of truckers using the digital freight platform hit the 4 million mark in the third quarter, while its monthly active shippers totaled 2.84 million Key Takeaways: Full Truck…
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