ChinaLin Securities Plans to Acquire ByteDance Subsidiary
Shenzhen-based ChinaLin Securities announced on Monday that the company signed a purchase agreement of "Dolphin Stock" with ByteDance.
2/21/20222 min read
Tag: #stock market
Showing 12 of 36 posts with this tag
China Mobile Inches Closer to Becoming Highest Valued A-Share Company
Telecommunications provider China Mobile is on track to surpass the most highly valued A-share listed company in terms of market capitalization following a steady six-month rise in its stock price.
3/14/20233 min read
Alibaba Reduces Stake in AI Unicorn SenseTime, Shareholding Ratio Falls Below 9%
Chinese internet giant Alibaba has slashed its stake in SenseTime, an artificial intelligence software company, amid a rebound in the latter's Hong Kong shares.
11/15/20223 min read
After 10 Months of Shareholding and Losses of 2.3 Billion Yuan, Alibaba to Sell All Stakes in Mango Excellent Media
Mango Excellent Media announced on Thursday evening that Hangzhou Alibaba Venture Capital plans to transfer 93,647,857 shares, accounting for 5.01% of Mango's total shares.
9/24/20213 min read
Chinese Stock Markets Drop 9% Amid Coronavirus Outbreak
Mainland Chinese stock markets took a nosedive on the first trading day since January 23rd, after the extended Lunar New Year holiday.
2/3/20202 min read
Demand for Oximeters Surges in China as Firms Expand Production Capacity
As the Omicron coronavirus variant spreads across China, the risk of silent hypoxia to the elderly population has received significant attention. As an effective means to monitor blood oxygen level and prevent critical illness, oximeters are now selling rapidly.
12/29/20223 min read
Beijing Stock Exchange Officially Launches With 81 Companies Participating in Trading
Among the first batch of 81 companies listed on the new bourse, 10 are new stocks and the remaining 71 have been transferred from the Selected Layer of National Equities and Exchange Quotations.
11/15/20212 min read
WeRide's Stock Price Surged Again, with the Support of NVIDIA's Million-Share Position
WeRide's stock price has surged again, with the company's share price exceeding $40 and its market value surpassing $11 billion.
2/19/20253 min read
Prosus Continues to Reduce Its Stake in Tencent
Prosus, a major shareholder of Tencent, announced that as part of its ongoing share buyback plan, it will deposit 96 million Tencent shares it holds into the Hong Kong Central Clearing and Settlement System (CCASS) in certificate form this week to enable these shares to be traded orderly on the market.
Mobvoi Officially Submitted Its Listing Application to the Stock Exchange of Hong Kong
On May 30th, The Stock Exchange of Hong Kong documents showed that the artificial intelligence company Mobvoi submitted an IPO application to the exchange, aiming to become the first AIGC stock. China International Capital Corporation and CMB International Capital Holdings are joint sponsors.
Alibaba Transforms into a Dual Primary Listing in Hong Kong
On August 23, Alibaba declared its voluntary transition from a secondary to a primary listing on the Hong Kong Stock Exchange, effective from August 28, 2024.
8/23/20243 min read
US Considers Ban on Chinese Silicon Chip Maker SMIC, Company’s Shares Plummet
Shares of China's largest silicon chip maker, SMIC, plummeted on Monday after Reuters reported that the US plans to blacklist the company.
9/7/20202 min read