Newsfeeds Archive - Page 5 of 15

5 minute read

Uncategorized

Lenovo caught in a ‘Thucydides Trap’ between an old power and a rising one

February 6, 10:01 AM

Key Takeaways: Lenovo’s shares nosedived after publication of an article citing a research organization saying the U.S. should ban the company’s computers Concerns are growing that weak Lenovo sales may have been a factor behind chip giant Intel’s recent worse-than-expected first-quarter revenue forecast

DELL

5 minute read

Uncategorized

Lenovo caught in a ‘Thucydides Trap’ between an old power and a rising one

By The Bamboo Works

February 6, 10:01 AM

DELL

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Uncategorized

Delonix’s New Marriott Tie-Up Hints At Re-Listing Attempt Post-Pandemic

By The Bamboo Works

January 26, 12:41 PM

Key Takeaways: Delonix announced a new tie-up with Marriott to bring the U.S. hotel giant’s young Tribute Portfolio brand of independent, boutique-style hotels to China The move could signal Delonix may attempt to re-list its shares in either New York or Hong Kong, capitalizing on a strong post-pandemic travel rebound in China

ATAT

5 minute read

Uncategorized

Guming Joins China’s Tea Market Party With IPO Bid

By The Bamboo Works

January 12, 11:28 AM

Key Takeaways: As of the end of last year, Guming had 9,001 outlets nationwide, but all but six of the stores were franchised The company’s profits more than tripled to 990 million yuan in the first nine months of last year, mainly due to sharply reduced losses from fair-value changes By Fai Pui

LKNCY

4 minute read

Penny Stocks

TH International Reaches Popeyes Goal, But Falls Short On Tim Hortons

By The Bamboo Works

January 12, 11:27 AM

Key Takeaways: TH International said it currently has 919 stores in its network, including 10 Popeyes and the remainder from its main Tim Hortons chain The fast food operator opened about 156 stores in the fourth quarter, more than the total for the previous three quarters combined By Doug Young

MCD

5 minute read

Yixin steers away from young joint venture to stay focused on China auto market

By The Bamboo Works

January 10, 2:13 PM

Key Takeaways: Yixin will sell its 49% stake in a 2-year-old joint venture to partner Qingdao Caitong, which wants to expand into areas beyond the venture’s original auto leasing services Yixin’s auto financing business is growing despite an unsteady Chinese car market, fueled by booming demand for electric vehicles

FINV

4 minute read

Uncategorized

East Buy drama offers lesson on the power of key influencers

By The Bamboo Works

January 5, 11:35 AM

Key Takeaways: East Buy fired its longtime chief Sun Dongxu after the chairman of its parent company sided with the company’s top online influencer in a dispute Such disputes could become less common as livestreaming e-commerce platforms move away from costly and fickle human influencers to computer-generated virtual hosts

BABA

4 minute read

Small Cap

With its sale to AstraZeneca, Gracell blazes exit trail for cash-challenged Chinese biotechs

By The Bamboo Works

January 5, 11:26 AM

Key Takeaways: AstraZeneca will acquire Chinese cell therapy maker Gracell for up to $1.2 billion, representing an 86% premium to the company’s pre-announcement share price

AZN

5 minute read

Joyy stuck with unwanted China business after $3.6 billion Baidu sale collapses

By The Bamboo Works

January 4, 10:43 AM

Key Takeaways: Joyy’s $3.6 billion sale of its China livestreaming business to Baidu has collapsed, more than three years after the deal was first announced Joyy stopped including the China livestreaming business in its financial results as early as 2021, and was recasting itself as a Singapore-based livestreaming company

BIDU

5 minute read

Uncategorized

Fosun Tourism Embarks On New Journey With Departure Of Big-Name Director

By The Bamboo Works

January 3, 10:13 AM

Key Takeaways: Longtime Club Med President Henri Giscard d’Estaing has resigned from the board of the company’s parent, Fosun Tourism Club Med’s business has rocketed post-Covid, dampening speculation that Fosun Tourism may be considering a sale of the French resort operator By Edith Terry

MAR