Xiamen C&D (SHA:600153) subsidiary Xiamen C&D Light Industry will purchase shares in Yuanyi Growth (Dehua) Equity Investment Partnership for 15 million yuan, according to a Thursday filing with the Shenzhen bourse.
The fund will invest in early- to mid-stage unlisted brands in China-related consumer brands and consumer technology companies.
South Korean internet conglomerate Kakao (KRX:035720) and its labor union failed to reach an agreement after a second round of government-mediated negotiations, Reuters reported Thursday.The union is expected to go on strike in June as previously planned, a union representative told Reuters, following the failed discussions.The union has yet to confirm how many members across Kakao and four affiliates will join the strike, though around 700 members attended a rally on May 20. Kakao said that it would keep trying to reach common ground with its union, according to the news report.Shares of Kakao fell 1% at market close.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Xpeng (HKG:9868) recorded an attributable loss of 1.78 billion yuan in the first quarter of 2026, compared with 664 million yuan a year prior, according to a Thursday Hong Kong bourse filing.Loss per share widened to 0.93 yuan from 0.35 yuan in the corresponding period of the previous fiscal year.Revenue slipped 18% to 13 billion yuan from 15.8 billion yuan in the year-ago period.
Zhejiang Hechuan Technology's (SHA:688320) investee fund will invest in subsidiary Zhejiang Hechuan Humanoid Robot, according to a Thursday filing with the Shanghai bourse.Investee fund Quzhou Longyou Hechuan Ginkgo Valley Bionic Robot Venture Capital Partnership, or the Gingko Valley Fund, will subscribe for 2.4 million of the controlling subsidiary's registered capital for 24 million yuan.Zhejiang Hechuan Technology holds a 41.6667% stake in the Gingko Valley Fund.Following the investment, Gingko Valley Fund will hold 4.38% of the equity of Hechuan Robot, and the listed company's stake in Hechuan Robot will rise to 60% from 54.74%.