Collectible Toy Maker Pop Mart Falls Out of Favor
Key Takeaways:
Pop Mart said its third-quarter revenue fell between 5% and 10% year-over-year, deteriorating from an already-weak first half of 2022
The company has launched a series of initiatives to jumpstart its growth, including a ramp-up in overseas development, though none have reaped significant success yet
By Trevor Mo
Li Ning Tripped Up by Chinese Nationalists
Key Takeaways:
Sportswear maker Li Ning’s shares took a beating after the company came under fire for new designs that resembled hats worn by Japanese soldiers during World War 2
Although such scandals are typically short-lived, they can have a big impact if handled improperly, experts say
By Jose Qian
Why New Oriental Education Shares Jumped Over 28%; Here Are 68 Biggest Movers From Yesterday
Gainers
ESSA Pharma Inc. (NASDAQ: EPIX) shares climbed 180.2% to close at $4.82 on Wednesday after the company highlighted updates results from the Phase 1/2 study of EPI-7386 with Enzalutamide At the 29th Annual Prostate Cancer Foundation Scientific Retreat.
Wingstop, Harley-Davidson, Rollins And Some Other Big Stocks Moving Higher On Wednesday
U.S. stocks traded mixed, with the Dow Jones gaining more than 200 points on Wednesday. Here are some big stocks recording gains in today’s session.
Newly profitable Kanzhun Steps Aboard Hong Kong’s Dual Listing Train
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
Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again
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
Why F45 Training Shares Climbed 41%; Here Are 84 Biggest Movers From Friday
Gainers
FingerMotion, Inc. (NASDAQ: FNGR) gained 82.2% to close at $3.37.
MINISO Adopts $100M Stock Buyback Plan
MINISO Group Holding Limited (NYSE:MNSO) board of directors authorized and approved a new share repurchase program. Under the program, the company…