FAST NEWS: CIMC Vehicles to delist from Hong Kong on June 3
The Latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced Thursday that its proposal to buy back all its Hong Kong-listed shares for HK$7.50 apiece has been accepted by…
CIMC Vehicles heads for Hong Kong exit ramp via share buyback
The Chinese maker of transport trailers is making a U-turn out of the Hong Kong stock market four years after listing there Key Takeaways: CIMC Vehicles said it would buy…
Fresh test for cancer-screening firm Genetron after Nasdaq exit
The onetime star of the U.S. stock market is being privatized with the help of new investors as it adapts to tough challenges in China’s cancer-testing industry Key Takeaways: Genetron…
Haitong International gets set to bow from the Hong Kong Stock Exchange
Haitong Securities has launched a privatization bid for its international unit, offering more than double its last trading price Key Takeaways: Haitong Securities has offered to privatize Haitong International for…
FAST NEWS: Shareholders reject IMAX China’s privatization plan
The latest: IMAX China Holding Inc. (1970.HK) announced Tuesday that shareholders have rejected a proposal by its parent and controlling shareholder IMAX Corp. (IMAX.TO) to privatize the company. Looking up:…
FAST NEWS: iClick Announces Reverse Share Split to Avoid Delisting
The latest: E-commerce marketing services provider iClick Interactive Asia Group Ltd. (ICLK.US) on Monday announced it will change the ratio of its Class A ordinary shares behind each American depositary…
FAST NEWS: So-Young Feels Pain from Pandemic Disruptions
The latest: Cosmetic surgery app operator So-Young International Inc. (SY.US) said its revenue fell 16.5% year-on-year in the first quarter to 300 million yuan ($45 million), while its net loss widened to…