Meituan's Hong Kong Stock Price Falls Below IPO Price
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price.
Tag: #China
Showing 12 of 2431 posts with this tag
Douyin Launches 'Lightning Search' as Its Fourth Search Brand
Douyin recently launched a search application called 'Lightning Search,' with the slogan 'Lightning Search, as fast as lightning'.
NIO CEO William Li Sets Sights on System Capabilities Amid 2023 Shortfalls, Preps for Fierce Competition in 2024
William Li's first internal letter of 2024 acknowledged that NIO's performance last year fell short of expectations, necessitating a swift enhancement of its organizational capabilities.
Hundsun Technologies' Digital Collection Platform Yucang to Shut down
Yucang, a digital art collection platform incubated by the blockchain business of Hundsun Technologies, announced on Monday that it will be shut down.
6/29/20223 min read
Southeast Asia becomes Alibaba and Tencent's new battle field
Two global technological forces are disrupting the peaceful ecological environment in Southeast Asia. They're not Silicon Valley technological companies like Go...
BYD Secures Order for 120 Electric Buses in South Africa
BYD's South African subsidiary has reached an agreement with Golden Arrow, a well-known bus operator in South Africa, successfully securing an order for 120 buses.
Forbes China Releases 2022 China ESG 50
Forbes China released its 2022 China ESG 50 report on August 23, seeking to highlight the best practices of domestic enterprises in the field of ESG, analyzing and discovering their development status and related future trends.
8/23/20222 min read
Matching Mini-game "Sheep A Sheep" Hits It off in China, Arouses Controversy
A new pass-through mini game named "Yang Le Ge Yang," translated as "Sheep A Sheep," has become a national online sensation on China's social media in recent days. However, it has aroused controversy over its profitability and game rules.
Chinese Regulators to Support Enterprises' Offshore Listing Places Choice
On Saturday, the China Securities Regulatory Commission (CSRC), together with three other government departments, have released revisions to 2009's confidentiality rules involving legal offshore listings.
Alibaba Cloud Unveils New Services to Solve Generative AI Development Issues
On September 26, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced a range of innovative AI products and services at the 2023 Alibaba Cloud Global Summit.
Tesla Model Y Set for 5,000 Yuan Price Increase in China
Starting April 1, the price of the Model Y will increase by 5,000 yuan in China. Industry experts believe the price increase is a strategic move by Tesla to boost sales.
Honor Launches New Laptops, Tablets, Headphones and More
Chinese tech firm Honor launched a variety of new devices on July 21, such as the MagicBook 14 AMD Ryzen Edition, Pad 8, X40i, Smart Screen X3, and Earbuds X3.