China plays defense on EV batteries, offense on hydrogen
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2570.HK
BRIEF: 111 Inc.’s revenue drops in second quarter
Drug seller 111 Inc. (YI.US) said on Wednesday its revenue fell 6.4% year-on-year to 3.2 billion yuan ($450 million) in the second quarter, as revenue for its core business of…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…
BRIEF: Weimob raises $201 million through share placement at 8.9% discount
E-commerce services provider Weimob Inc. (2013.HK) announced on Thursday that it will raise HK$1.56 billion ($201 million) through a placement of 688 million shares to Infini Capital, representing 16% of…
Trendy jewelry maker CHJ joins Hong Kong IPO ‘gold rush’
The company is challenging Laopu Gold for investor dollars among a new generation of value-added jewelry designers Key Takeaways: CHJ is hoping to match Laopu Gold’s stunning investor popularity with…
