Trade tension between the U.S. and China exacerbates as Steve Bannon, former White House chief strategist, says driving out Huawei is more important than the trade deal.
This Thursday on May 16, Baidu Inc. released its unaudited first quarter financial results for the quarter ended March 31, 2019.
Luckin Coffee, the Starbucks challenger in China, is seeking to raise up to $510 million in the U.S. initial public offering (IPO).
On April 23, Luckin Coffee, the Chinese Starbucks challenger, filed for official IPO to the U.S. Security Exchange Commission, with the ticker symbol ‘LK’.
On Apr. 3, Ruhnn, an Alibaba-backed Chinese influencer startup went listed on NASDAQ, with a ticker symbol of “RUHN” and issuing price of $12.5. The total financing is expected to reach $1,250 million.
Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.
Some 33 Chinese companies got listed on the New York Stock Exchange and Nasdaq in 2018, a great leap from 2017’s 17 listings.
Tencent Music (TME), the music streaming subsidiary of the China tech giant Tencent Holdings Ltd., raised $1.1 billion in its U.S. initial public offering (IPO), pricing shares at $13 per piece on Dec. 12 local time.
On Nov. 26, Tongcheng-eLong, the online travel platform backed by Tencent became listed on the Hong Kong Stock Exchange (HKEX) at an issuing price of 9.8 Hong Kong dollars.
On Nov. 22 Meituan-Dianping, China’s on-demand service provider, released its first earnings report after raising $4.2 billion in an IPO in September. Its third quarter operating loss soared to $497.46 million, that means it tripled from last year’s $151 million for the same time period.
Faraday Future (FF), the electric car start-up aiming to challenge Tesla, held an “Evolution Strategy Communication Meeting” at the Los Angeles headquarters on Nov. 12.
Throughout the first three quarters of 2018, Chinese tech companies far outnumbered U.S. companies in filing for IPOs on U.S. stock exchanges, according to an IPO report released by Renaissance Capital, a leading IPO investment research company.
LAIX Inc., an English learning platform from China driven by artificial intelligence (AI) technology, listed on the New York Stock Exchange (NYSE) on Sept. 27. It is trading under the ticker symbol LAIX.
China Renaissance Holdings Ltd. officially listed on the Main Board of the Hong Kong Stock Exchange at 9:30 a.m. on Sept. 27, under the ticker 1911.HK. This marks the emergence of world-class Chinese investment banks, as reported by Chinese media.
After submitting its prospectus in May, Haidilao International Holding Ltd. is finally going public on the Hong Kong Stock Exchange on Sept. 26.