NEWS WRAP: FinVolution posts modest revenue gains as international growth slows
The online loan facilitator said its international loan transaction volume grew 41% in the first quarter, slowing from 85% in the previous quarter By Doug Young Online loan facilitator…
FAST NEWS: Lepu Biopharma to raise $32 million in share sale
The Latest: Innovative drug maker Lepu Biopharma Co. Ltd. (2157.HK) announced on Friday it will place up to 51.17 million shares, or about 2.99% of its overall issued share capital, for…
FAST NEWS: ZTO Express profit falls, maintains high gross margin
The Latest: Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) announced Thursday its net profit fell 13% year-over-year to 1.45 billion yuan ($201 million) in the first quarter of 2024, but its non-GAAP net profit…
FAST NEWS: Super Hi swings to the red on higher forex losses
The Latest: Super Hi International Holding Ltd. (9658.HK), the international business unit of Chinese hotpot giant Haidilao (6862.HK), announced Monday that it lost $4.54 million in the first quarter of this…
FAST NEWS: Euda Health acquires CK Health in $15 million deal
The Latest: Singapore-based digital health platform EUDA Health Holdings Ltd. (EUDA.US) said on Wednesday it completed its acquisition of CK Health Plus Sdn Bhd, a Malaysian provider of consumer wellness…
FAST NEWS: Zeekr shares jump in New York trading debut
The Latest: Shares of Zeekr Intelligent Technology Holding Ltd. (ZK.US), the electric vehicle (EV) maker backed by leading Chinese automaker Geely, jumped in their trading debut on Friday after pricing…