Showing 12 of 27 posts with this tag
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.
According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.
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 August 16, Gary Gensler, chairman of SEC, has asked SEC staff to temporarily suspend IPOs of shell companies by Chinese companies, and encourages investors to learn more about these companies' structures.
It was reported that Bitmain had secretly submitted listing applications to the U.S. Securities and Exchange Commission (SEC), and the underwriter was Deutsche Bank.
Chinese online medical insurance startup Waterdrop Inc. on April 17 formally submitted a prospectus to the United States Securities and Exchange Commission (SEC), in preparation for an initial public offering (IPO) at the New York Stock Exchange under the label of "WDH".
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.
Luckin Coffee, the Starbucks challenger in China, is seeking to raise up to $510 million in the U.S. initial public offering (IPO).
Having faked its revenue numbers, Luckin became a laughing stock of a unicorn, with analysts on both sides of the pond contemplating over what outcomes this situation will have on a larger scale for Chinese businesses abroad.
Beijing-based social media platform Weibo became the sixth Chinese company to be added to a delisting watchlist by the U.S. Securities and Exchange Commission (SEC) on Wednesday.
The United States Securities and Exchange Commission (SEC) added 12 China Concepts Stock companies to a delisting watchlist on Tuesday.
China’s new e-commerce platform, Pinduoduo, plans to raise a maximum of $1.87 billion through its listing on the NASDAQ Global Select section, according to its ...