Newsfeeds Archive - Page 3 of 15

4 minute read

Small Cap

EHang Seeks Capital Refueling As Its Self-Flying Vehicles Inch Toward Grand Takeoff

April 24, 12:08 PM

Key Takeaways: EHang said it plans to sell up to $100 million worth of new shares in New York, more than double the amount it raised in its 2019 IPO The company is getting close to commercializing its self-flying aircraft, including its recent receipt of a regulatory certificate allowing it to mass-produce its flagship product

5 minute read

Fosun International On Cusp Of New ‘Asset-Light’ Era With Latest Sale

By The Bamboo Works

April 23, 2:52 PM

Key Takeaways: Fosun International’s total debt-to-capitalization ratio stood at 50.4% at the end of last year, down 2.9 percentage points from the previous year The company recently announced the sale of most of its stake in Belgian insurer Ageas, and has raised 57.3 billion yuan from similar asset sales over the past two years

FOSUF

5 minute read

Penny Stocks

Fosun Tourism’s Post-Covid Holiday Fizzles

By The Bamboo Works

April 23, 9:46 AM

Key Takeaways: Fosun Tourism said business volume at its Atlantis Sanya mega-resort and Club Med chain rose 4.5% and 15.2%, respectively, in the first quarter

FOSUF

5 minute read

Nayuki Tweaks Franchising Model As Competitors Serve Up Rival Listings

By The Bamboo Works

April 19, 9:23 AM

Key Takeaways:

LKNCY

4 minute read

‘Perfect Storm’ Of Factors Fuels Rise In Smartphone Recycling

By The Bamboo Works

April 18, 10:06 AM

By Kerry Xuefeng Chen

AAPL

4 minute read

Penny Stocks

BenQ Hospital Files For IPO As Business Looks Stable, But With Few Growth Spots

By The Bamboo Works

April 15, 2:03 PM

Key Takeaways: BenQ Hospital has filed to list in Hong Kong, reporting its revenue rose 15% last year to 2.69 billion yuan China’s largest private hospital operator will use its IPO funds to expand and upgrade its existing facilities By Lau Chi Hang

CSPCY

4 minute read

Penny Stocks

Is Niu Technologies Ready To Charge Ahead Again?

By The Bamboo Works

April 11, 6:31 AM

Key Takeaways: Niu Technologies said its unit sales at home and abroad rose more than 30% in the first quarter, following a tough 2023 when its revenue fell 16% The electric scooter maker’s shares jumped 34% from an all-time low in the week following the announcement By Edith Terry

NIU

4 minute read

Juicy Margins Set Zhongmiao Apart Among Stodgy Insurers

By The Bamboo Works

April 10, 11:06 AM

Key Takeaways: Insurance broker Zhongmiao, backed by appliance giant Haier Group, has filed to list in Hong Kong The company has a small revenue base but boasts strong profits by focusing on lucrative corporate insurance and using a light cost structure By Warren Yang

FANH

4 minute read

Penny Stocks

YTO International ships in new CEO as its revenue fails to deliver

By The Bamboo Works

April 10, 11:04 AM

Key Takeaways: YTO International’s profit fell 29.2% to HK$96.8 million last year, as its revenue fell at a similar rate to HK$5.29 billion The international arm of one of China’s leading delivery companies replaced its CEO Sun Jian with newcomer Zhou Jian, former CEO of Shenzhen Fengwang Express By Li Shih Ta

BEST

5 minute read

Zeekr Steps On IPO Accelerator As Its Prospects Run Low On Fuel

By The Bamboo Works

April 10, 11:03 AM

Key Takeaways: Zeekr has reportedly restarted its IPO process with reduced fundraising plans, seeking to list before its valuation falls more as prospects worsen for Chinese NEV makers The company’s revenue from vehicle sales slowed to 44% year-on-year in the second half of last year from about 150% in the first half