Sunday, August 6, 2023

China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong (Filipe Pacheco/Bloomberg)

Filipe Pacheco / Bloomberg:
China's Hua Hong Semiconductor raises $2.96B in its Shanghai listing, the largest in the Asia Pacific region this year; the firm is already listed in Hong Kong  —  - Company raised nearly $3 billion through the share sale  — It is the largest listing in the Asia Pacific region this year



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...