Nayuki's Tea Edges Down Amid Debut Hong Kong IPO
On the first day of its listing, Nayuki's Tea dropped by over 10%, dropping to the lowest price of HK $17.3 per share and an issue price of HK $19.8 per share.
6/30/20212 min read
Category: Industry
Showing 12 of 6361 posts in this category
Luckin Coffee Promotes Restructuring Plan, Several Phased Goals Already Completed
Luckin Coffee Inc. released the third report of the Joint Provisional Liquidators to the Grand Court of the Cayman Islands on Tuesday night.
9/8/20212 min read
Prosus Continues to Reduce Its Stake in Tencent
Prosus, a major shareholder of Tencent, announced that as part of its ongoing share buyback plan, it will deposit 96 million Tencent shares it holds into the Hong Kong Central Clearing and Settlement System (CCASS) in certificate form this week to enable these shares to be traded orderly on the market.
Xiaomi Invests in Yinglefei Semiconductor
On July 18, Yinglefei Semiconductor (Nanjing) Co., Ltd. changed its business registration information and added several new shareholders, including Hubei Xiaomi Changjiang Industrial Investment Fund Partnership.
7/19/20222 min read
Former Huawei "Genius Youth" Peng Zhihui's Startup AgiBot Releases Embodied Foundation Model GO-1
AgiBot, founded by Huawei Technologies' former “Genius Youth” recruit Peng Zhihui, unveiled the Genie Operator-1 (GO-1), an innovative generalist embodied foundation model, on March 10.
3/10/20252 min read
Enterprise Software Platform Shimo Docs Completes B+ Round of Financing
Shimo Docs has recently completed B+ round of financing worth tens of millions of dollars.
2/28/20202 min read
Display Panel Maker HKC Completes Pre-IPO Counseling, Prepares for A-Share Listing
Display panel maker HKC has recently completed pre-listing counseling. LCD panel prices have fallen to record lows, posing a profit challenge for the firm, which is the third-largest display panel maker in China.
6/7/20222 min read
RoboSense Adds New Investors in Latest Strategic Financing
RoboSense, a smart LiDAR sensor system developer, announced on Tuesday that it had made further progress with a new round of strategic financing.
6/14/20222 min read
Why Are China’s Internet Giants Reviving Bike-sharing?
When it seemed like we were about to hear the eulogy to the troubled industry, Meituan-Dianping and Didi Chuxing – companies that timely bought into bike-sharing flag-bearers Mobike and Bluegogo – started revitalizing their bicycle fleets.
Luckin Coffee Aims to Open 10K Stores
Luckin Coffee's annual revenue exceeded 10 billion yuan ($1.45 billion) for the first time last year. This year, the Chinese coffee chain targets to establish 10,000 stores despite competition from Cotti Coffee, a new brand launched by Luckin former chairman Charles Lu.
NetEase, Cotti Coffee, Other Chinese Firms Sponsored World Cup Winner Argentina
To cap off the 2022 FIFA World Cup in Qatar, Argentina defeated reigning champion France 7-5 (4-2 on penalties) to win the coveted title for the first time in 36 years. Nearly as excited as Argentinian fans were many Chinese sponsors, including NetEase Media, a subsidiary of Chinese internet company NetEase, and others.
After fighting with Baidu, JD.com may join the BAT Group
JD's (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu's total market value o...