Newsfeeds Archive - Page 10 of 15

5 minute read

Penny Stocks

So-Young’s CEO-led Buyout Dissolves After Stock Plunge

October 26, 10:22 AM

Key Takeaways: So-Young said a group led by its co-founder and CEO has withdrawn its earlier buyout offer made nearly a year ago The withdrawal came as the company faces challenges from a regulatory crackdown on the medical aesthetics industry and a slowing Chinese economy By Warren Yang

5 minute read

News

Pinduoduo Finds Early Success in U.S. E-Commerce. Now Comes the Hard Part

By The Bamboo Works

October 25, 11:48 AM

Key Takeaways: Nearly two months after its launch, Pinduoduo’s cross-border e-commerce Temu app is among the top U.S. e-commerce apps based on new download rankings Despite its early success, the app will face a series of challenges in its target U.S. market, including cutthroat competition and high marketing expenses

AMZN

5 minute read

Huadi: Big News Coming, or Just Another China Meme Stock?

By The Bamboo Works

October 24, 11:52 AM

Key Takeaways: Huadi International’s shares soared 90% on Friday despite a lack of news from the company, which hasn’t released any financial results since February The company could sell up to $300 million in new shares, according to a June stock exchange filing, equal to nearly half of its market value after the Friday rally

AMC

5 minute read

Newly profitable Kanzhun Steps Aboard Hong Kong’s Dual Listing Train

By The Bamboo Works

October 21, 10:44 AM

Key Takeaways: Having finally turned a profit, Kanzhun has filed for a dual primary listing on the Hong Kong Stock Exchange to insure against its shares being pulled from New York

BABA

5 minute read

Domino’s China Operator Makes Second Toss at Hong Kong IPO

By The Bamboo Works

October 21, 10:42 AM

Key Takeaways: DPC Dash, operator of the Domino’s pizza chain in China, has filed an updated prospectus to list its shares in Hong Kong The company differs from larger rival Pizza Hut in China due to its bigger focus on delivery, and also due to its earlier stage of development By Doug Young

DPZ

5 minute read

Daqo Lines Up Big New Buyer Ahead of Massive Expansion

By The Bamboo Works

October 17, 2:45 PM

Key Takeaways: Daqo New Energy has signed an agreement to sell 150,300 metric tons of polysilicon to a Chinese polysilicon wafer maker producer over the next five years Daqo and its global peers are currently adding major new capacity that will start to come onstream next year By Doug Young

5 minute read

Brighter Times Could Beckon for JD.com after Stormy Spell

By The Bamboo Works

October 11, 10:09 AM

Key Takeaways: Key factors in a JD share-price rally would be the results of a U.S. regulatory review of Chinese stocks and the expected launch next year of a scheme to promote dual-currency share trading in Hong Kong A settlement in a sexual assault case against company founder Richard Liu has also removed a shadow over the share price

BABA

5 minute read

Big-Name Banks Test Out Climate for Chinese U.S. Listings with Atour Application

By The Bamboo Works

October 10, 11:46 AM

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

HTHT

5 minute read

Cross-Border E-commerce Trader Zibuyu Files for IPO Despite Sinking Profits

By The Bamboo Works

October 7, 10:35 AM

Key Takeaways: Cross-border e-commerce company Zibuyu has filed for a Hong Kong IPO, but could be undermined by its heavy reliance on Amazon and the U.S. market The company’s first-half profit plunged 46% as its merchandise return rates and costs both rose sharply By Stone Shek

AMZN

5 minute read

Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again

By The Bamboo Works

October 6, 11:35 AM

Key Takeaways: As of the third quarter of this year, the world’s top three IPO capital raisers were the Shanghai Stock Exchange, the Shenzhen Stock Exchange and the Korea Exchange, with Hong Kong lagging in fourth place

MNSO