FAST NEWS: BitFuFu posts strong user growth as mining capacity doubles
The Latest: Digital asset mining services provider BitFuFu Inc. (FUFU.US) said on Thursday its revenue rose 43.3% last year to $284.1 million, while its net income more than quadrupled to…
NEWS WRAP: Business incubator TOJOY to set up base in Hong Kong
The company hopes to attract investors with its big-data approach to nurturing innovative startups by matching them with larger, more mature companies. By Teri Yu TOJOY Shared Holding Group,…
FAST NEWS: J&T Global stands still in IPO trading debut
The latest: Shares of Chinese logistics provider J&T Global Express Ltd. (1519.HK) opened at HK$12 in their Friday trading debut, unchanged from their IPO price. Looking up: The local portion…
FAST NEWS: AI giant Fourth Paradigm opens 13.5% higher in trading debut
The latest: Shares of AI company Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) opened at HK$63.10 in their Thursday trading debut, 13.5% higher than their IPO price of HK$55.60. Looking…
FAST NEWS: Alibaba’s Cainiao logistics unit applies for separate listing
The latest: E-commerce giant Alibaba Group Holding Ltd. (BABA.US, 9988.HK) said Tuesday its logistics arm, Cainiao Smart Logistics Network Ltd., filed to list separately on the Hong Kong Stock Exchange, making it the…
FAST NEWS: FWD Group delays Hong Kong IPO plan again
The latest: The latest IPO prospectus from FWD Group Holdings Ltd. lapsed early this month, further delaying the regional insurer’s listing after its fourth application. The company decided to postpone its…
FAST NEWS: NaaS Technology Announces Fundraising Plan as Backdoor Merger Nears Completion
The Latest: NaaS Technology Inc. (NaaS), operator of China’s largest independent electric vehicle (EV) charging network, said on Monday it plans to raise money through its ongoing backdoor listing on…
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