stock Archives - Pandaily

Missfresh Raises $27M in New Financing, Stock Price Surges 100%

Missfresh secures $27 million in new financing, with stock price surging over 100%.

Xiaomi Awards 4,110 Participants with Total Equity Value of $290 Million

On the morning of March 28th, Xiaomi announced on the Hong Kong Stock Exchange that its board of directors awarded a total of 190 million shares of incentive shares to 4,110 selected participants under the share incentive plan on March 27th, 2023.

XPeng Finishes Restructuring and Fires Small Number of Employees

Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.

BYD Responds to Stake Cut by BlackRock, World’s Largest Asset Manager

World-leading asset manager BlackRock launched a reduction in BYD H shares, bringing its shareholding ratio from 6.21% to 5.85%.

Tencent Denies Reported Plan to Cut Stakes in Meituan, Beike and Didi

Reports have emerged recently claiming that Tencent Holdings is considering a reduction of its shares in Meituan, Beike, Didi and other companies, in order to provide funds for its stock repurchase and new business ventures.

ByteDance Lowers Stock Option Offering Price to $155 Per Share

ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company.

SenseTime Announces Inclusion of Shares in Hong Kong Stock Connect Program

According to the announcement on Shenzhen Stock Exchange on July 29, SenseTime, a leading AI enterprise in China, has been added into the list of stocks that can be traded through the Hong Kong Stock Connect platform.

Shenzhen Stock Exchange Releases ESG Ratings Methodology

On July 25, Shenzhen Securities Information Co., Ltd., a wholly-owned subsidiary of the Shenzhen Stock Exchange (SZSE), launched the CNI ESG Ratings Methodology.

Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now?

This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.

Goertek Microelectronics Plans Listing on SZSE ChiNext Board

Goertek Microelectronics Co., Ltd., a manufacturer of Micro-Electro-Mechanical Systems (MEMS) products, will be listed independently on the ChiNext Board of the Shenzhen Stock Exchange.

Shares of Danke Apartment Surge 75% Despite Bankruptcy Rumor

The shares of Danke Apartment, one of China’s biggest rental platforms, surged by more than 75% on Tuesday night, Beijing time, closing at $2.40, mainly due to the rumor that another leading rental specialist 5i5j will purchase Danke.

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.