Monday, November 16, 2020

Huawei is selling its Honor smartphone unit to a consortium of over 30 agents and dealers for an undisclosed sum; buyers are creating a new company for purchase (David Kirton/Reuters)

David Kirton / Reuters:
Huawei is selling its Honor smartphone unit to a consortium of over 30 agents and dealers for an undisclosed sum; buyers are creating a new company for purchase  —  Huawei Technologies Co Ltd is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers …



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Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after raising ~$727M, the latest Hong Kong AI IPO (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg : Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after ...