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HKG:2643

3 stories mentioning HKG:2643Updated 5m ago

Every FINWIRES story that references HKG:2643, newest first.

Asia

CaoCao Appoints Chief Science Advisor of AI Hub; Shares Slip 3%

CaoCao (HKG:2643) appointed Joseph Sifakis as chief science advisor of its CaoCao Artificial Intelligence Innovation Center, according to a Sunday Hong Kong bourse filing.Sifakis will support the company's research and development in artificial intelligence and autonomous driving, providing academic guidance and strategic planning.The company said it has partnered with the Shanghai Artificial Intelligence Research Institute to establish the innovation center, which will focus on research in artificial intelligence, autonomous driving, and intelligent mobility systems.Shares of the firm were down over 3% in Monday's midday trade.

HKG:2643
Asia

CaoCao CFO to Step Down; Successor Named

CaoCao (HKG:2643) Chief Financial Officer Liu Sensen resigned effective June 22 due to health reasons, according to a Tuesday Hong Kong bourse filing.The ride-hailing company named Yuan Peng its new CFO and vice president, effective June 22.Liu will continue to be the company's executive president.

HKG:2643
Asia

CaoCao Approves HK$200 Million Share Repurchase Plan

CaoCao (HKG:2643) approved a share buyback plan of up to HK$200 million for a period of one year, according to a Thursday Hong Kong bourse filing.The ride-hailing company may buy back up to 54.4 million shares, representing 10% of its total shares in issue.The repurchased shares may be cancelled or held as treasury shares, depending on market conditions and capital management needs.

HKG:2643

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