Showing 10 of 10 posts with this tag
Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., an automobile business arm of Evergrande, recently added new information regarding its listing as a judgment debtor.
Luckin Coffee announced Wednesday that an internal investigation of its financial misconduct found the company inflated its 2019 net revenue by approximately 2.12 billion yuan ($300 million).
Xinyan Yima, an AI coding startup founded by Ming Chaoping, former product lead of overseas product Noisee at Moonshot AI, has completed two funding rounds, bringing its valuation to $80 million.
China Securities Regulatory Commission and Ant Group denied the report that Chinese financial regulators have started early stage talks on a potential revival of Ant Group's initial public offering (IPO).
Futu Holdings Limited Thursday published its unaudited financial report for the third quarter ended Sept. 30, showing soaring gross profit and surging non-GAAP adjusted net income.
According to a document disclosed by the Hong Kong Stock Exchange (HKEx) on January 3, AInnovation has submitted its IPO application, with UBS, CICC and China Renaissance as co-sponsors.
Luckin Coffee Inc. reportedly achieved positive cash flow per store in July, except for roughly 300 stores located at universities that have been closed due to the COVID-19 pandemic.
On March 7, WM Motor, an electric vehicle maker in China currently caught up in a mounting capital crisis, announced through its social media outlets that more than 100 stores in China will resume normal services in the near future.
Three Arrows Capital co-founder Su Zhu posted to Twitter on Wednesday to say that the firm is "committed to working this out" as rumors of insolvency have circulated across the crypto community.
Ant Group, a financial company owned by Chinese tech giant Alibaba, released its "2021 Sustainable Development Report" on Wednesday, officially launching a four-in-one ESG sustainable development strategy.