Nasdaq Archives - Page 2 of 5

Luckin Coffee Denies Nasdaq Relisting Plan

Reports have emerged that Chinese beverage chain Luckin Coffee is exploring plans to relist its shares in the U.S. following a high profile removal in June 2020. Luckin has since denied the report.

Energy Monster’s Q3 Revenue Reaches $144.3 Million, a YoY increase of 0.6%

Energy Monster, a mobile device charging service provider that was listed on the Nasdaq in April, announced its unaudited financial results for the quarter ended September 30, 2021 on Tuesday.

Faraday Future Receives Delisting Warning from Nasdaq, Asked to Submit Compliance Plan within 60 Days

Faraday Future (FF) said on Tuesday that it had received a delisting warning letter from The Nasdaq Stock Exchange dated November 17.

Member-based Social E-Commerce Yunji Receives NASDAQ Delisting Warning

Yunji received a delisting warning from the NASDAQ on September 27, and now has a grace period of 180 days to regain compliance. It later announced that "the company intends to solve this problem within the prescribed grace period."

Niu Technologies Sells Nearly 400,000 E-scooters in China, Overseas Sales Fall by 11.2%

Niu Technologies, a two-wheeled electric vehicle (EV) brand, released its third-quarter sales data on Monday. The company sold 397,079 e-scooters.

Hello Group Announces Name Change from Momo

Chinese mobile social and entertainment platform Hello Group Inc. announced on Monday it has changed its name from "Momo Inc." to "Hello Group Inc.".

Faraday Future Lists in the US, Holds Market Value of $5.4 Billion

New energy vehicle maker Faraday Future (FF) listed on the Nasdaq Stock Exchange on Thursday, also holding a bell ringing ceremony to mark the occasion. The firm has initiated trading under the ticker symbol "FFIE".

Faraday Future To Go Public as Zhuhai State-Owned Assets Pulls Out

According to a document submitted by Faraday Future to the US Securities Regulatory Commission on July 15th, the cornerstone investors who initially planned to invest 175 million US dollars will not take a stake in the company.

Faraday Future to Land on NASDAQ as Pre-orders of its Mass-produced Cars Are Live

According to Faraday Future's official website, pre-orders of its first mass-production model FF91 are live, and prospective buyers can reserve the upcoming vehicle for 50,000 Yuan (around USD $7,700). This deposit supports a full refund before signing the contract.

Chinese Online Teaching Platform Spark Education Files for Nasdaq IPO

On June 21, China's largest online small-class education firm, Spark Education, submitted a prospectus to the US Securities and Exchange Commission, applying to list on the Nasdaq under the stock code “SPRK”. Underwriters include Credit Suisse, Citigroup, CICC, Futu Securities and UP Fintech Holdings.

JD-Backed Electronics Reseller Aihuishou Gains 23% in Nasdaq IPO

Shares of used electronics reseller Aihuishou surged 22.3% on the first day of trading, indicating investors' confidence in China’s secondhand devices market.

Tencent-backed Recruitment App Boss Zhipin Files for US IPO

Kanzhun Limited, operator of mobile recruitment app Boss Zhipin, on Friday filed privately for an IPO with the US Securities and Exchange Commission. The firm is looking to list the app on the Nasdaq under the ticker symbol "BZ," according to its preliminary prospectus. No pricing terms were disclosed.

Chinese Provider of Mobile Charging Devices Energy Monster Debuts on Nasdaq as “EM”

Energy Monster, China’s largest provider of mobile charging devices, on Thursday officially listed on Nasdaq under the symbol “EM,” becoming the first Chinese shareable charging devices brand to participate in public trading.

Baidu Passes Hearing for Secondary Listing in Hong Kong

According to Hong Kong Stock Exchange documents, Baidu has passed the hearing for its secondary listing on the Hong Kong Stock Exchange. The news sent Baidu’s US stock to a nearly 6% surge before the market on March 9.

EV Maker Faraday Future Goes Public on Nasdaq via Merger with PSAC

EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.

Sina Agrees to Delist from Nasdaq in a $2.6B Deal

Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.

Chinese E-Commerce Player Pinduoduo Joins Nasdaq-100, Shortest Achiever in History

Pinduoduo Inc. became a component of the Nasdaq-100 Index (NDX) on Monday, joining the likes of category-defining companies.

TikTok Competitor BIGO to Relocate Its Hong Kong Servers in Singapore to Escape Crossfire

The Chinese short video service company BIGO is moving its servers from Hong Kong to Singapore in order to emphasize its independence from its Chinese parent company.

JD.com’s 618 Promotions Drive Strong Earnings in Q2, Hillhouse Makes Investment in Health Division

China’s e-commerce and supply chain company JD.com Monday posted strong earnings results for the second quarter of 2020 with net revenues in the three months ended June rising 33.8% to 201.05 billion yuan ($28.5 billion).

Baidu Posts Slight Drop in Revenue as Online Advertising Sales from Video Unit Remain Under Pressure

China’s search engine and AI giant Baidu Inc. on Thursday posted a 1% year over year decrease in its total revenue to 26 billion yuan (3.69 billion) for the second quarter of 2020 ending June 30, falling slightly below the Wall Street estimates of $3.7 billion.

Everything about China's Innovation