BRIEF: X.J. Electronics to raise up to $28 million in Hong Kong IPO
Kitchen appliance maker X.J. Electronics (Hu Bei) Co. Ltd. (2619.HK) launched its Hong Kong IPO on Tuesday, aiming to raise up to HK$228 million ($28 million) through the sale of…
Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…
BRIEF: Midea buys back 550 million yuan of A-shares in April
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Tuesday that it spent around 554 million yuan ($76 million) to repurchase 7.74 million of its Shenzhen-listed A-shares in…
Wookpecker International takes flight with new Hong Kong IPO bid
The home maintenance and repair platform reapplied to list in Hong Kong, hoping to ride the market’s recent rally Key Takeaways: Woodpecker International has reapplied to list in Hong…
BRIEF: Midea stock rises in Hong Kong trading debut
Shares of home appliance maker Midea Group Co. Ltd. (0300.HK; 000333.SZ) rose in their Hong Kong trading debut on Tuesday, complementing the company’s existing listing in Shenzhen. The stock opened…
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
BRIEF: Midea launches IPO that could become Hong Kong’s biggest this year
Home appliance maker Midea Group Co. Ltd. (0300.HK; 000333.SZ) launched its Hong Kong IPO on Monday, a deal that could become the city’s largest this year. The company set a…
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