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Fast News

BRIEF: Fourth Paradigm to raise $107 million in share placement

AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
July 17, 2025
6682.HK
GDS does infrastructure

BRIEF: Dmall raises $50 million in share placement at 10% discount

Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…
July 17, 2025
2586.HK
GDS does infrastructure

BRIEF: GDS completes IPO for its data center property REIT

Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
July 17, 2025
9698.HK GDS.US
Amber does finance

BRIEF: Amber Int’l becomes first listed Asian firm with on-chain stock as AMBRx

Amber International Holding Ltd. (AMBR.US) has become the first Asia-based public company to offer its stock on-chain, trading as AMBRx on the solana blockchain, CEO Wayne Huo confirmed on Tuesday…
July 16, 2025
AMBR.US

BRIEF: Pop Mart profit quadruples on overseas growth, popular toys

Leading collectible toy brand Pop Mart International Group Ltd. (9992.HK) announced on Tuesday that its revenue rose 200% or more year-on-year in the first half of this year. It said…
July 16, 2025
9992.HK
GDS does infrastructure

BRIEF: Qunabox raises $41 million in share placement at 17% discount

Vending machine operator Qunabox Group Ltd. (0917.HK) said on Wednesday it placed 3 million new shares at a price of HK$106.60 per share, equal to about 1.14% of its currently…
July 16, 2025
0917.HK
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