BRIEF: Shanghai XNG raises $1 million in discounted share placement
Shanghai-based restaurant operator Shanghai XNG Holdings Ltd. (3666.HK) on Monday announced a placement of nearly 443 million shares for HK$0.02 per share, representing a 16.7% discount to its last closing…
BRIEF: Shanghai XNG first-half loss balloons
Restaurant operator Shanghai XNG Holdings Ltd. (3666.HK) warned on Wednesday that it will report a loss of up to 30 million yuan ($4.21 million) for the first half of this…