FAST NEWS: United Lab sinks after top shareholder sells down stake at discount
The latest: The United Laboratories International Holdings Ltd. (3933.HK) announced Tuesday its controlling shareholder, Heren Far East Ltd., on Monday was selling up to 64 million shares, or about 3.52%…
FAST NEWS: Kintor Pharma hits new low as loss keeps growing
The latest: Kintor Pharmaceutical Ltd. (9939.HK) announced on Thursday it did not record any revenue last year, as its net loss widened 13.3% to 954 million yuan ($139 million) from 842 million…
FAST NEWS: CStone Raises $50 Million in New Share Placement
The latest: CStone Pharmaceuticals (2616.HK) on Wednesday announced it placed 84.8 million new shares at a price of HK$4.633 per share, raising approximately HK$393 million ($50.4 million). The sale price…
FAST NEWS: Wuxi Bio Dives after Major Stakeholder Sells Shares
The latest: Contract drug services provider WuXi Biologics (Cayman) Inc. (2269.HK) announced on Tuesday that Biologics Holdings, one of its substantial shareholders controlled by its Chairman Li Ge, sold 56…
Bilibili Trades on Strong Name in Debt-for-Shares Swap
The popular video site sold $409 million in new shares ahead of its fourth-quarter results release, and will use part of the proceeds to buy back debt coming due in…
FAST NEWS: H World Raises $260 Million in Share Placement
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) on Tuesday announced it will raise $260 million by selling 6.19 million American depositary shares (ADSs), or about 1.95% of its enlarged share capital,…
FAST NEWS: Kintor Pharma Raises $65 Million for Drug Commercialization
The latest: Kintor Pharmaceutical Ltd. (9939.HK) announced on Sunday that it will place 42 million shares, representing approximately 10.3% of its enlarged capital after the issue. It will sell the…
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