IC Design Firm Injoinic Completes Shanghai IPO, Xiaomi and Samsung Among Customers
Chinese IC design company Injoinic was listed on Shanghai's Sci-Tech Innovation Board (STAR Market) on Tuesday.
4/19/20223 min read
Tag: #STOCK PRICE
Showing 12 of 25 posts with this tag
Vipshop CFO Steps Down, Stock Price Plummets
Vipshop Holdings Ltd. said on Wednesday that Yang Donghao, its CFO, will step down from the position in November 2020 for “personal reasons.”
Meituan Stock Price Tumbles, Govt Requires Service Fees to Be Lowered
China's national Development and Reform Commission and other departments issued new guidelines on Friday, asking food delivery platforms to cut fees for restaurants to reduce their business costs.
2/18/20222 min read
Meituan's Hong Kong Stock Price Falls Below IPO Price
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price.
Monthly Pay of Young CICC Trader Above $12K, Catching Eye of Chinese Web
On the evening of July 28, a screenshot showing that "the monthly income of a post-90s brokerage trader is 82,500 yuan ($12,225)" went viral on Chinese social media platforms.
8/1/20223 min read
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."
10/27/20213 min read
Keep Lists on The Stock Exchange of Hong Kong with A Market Capitalization of $2 Billion
On July 12th, Keep, the first sports technology company, officially listed on The Stock Exchange of Hong Kong with the stock code "3650".
Evergrande Sees Temporary Rebound in Share Price After Selling 11% Stake in Hong Kong Firm
Following a tumultuous first half of 2021, China Evergrande Group rebounded during Monday trading at the Hong Kong Stock Exchange as it made moves to sell off assets and stabilize its debt-ridden finances.
8/3/20213 min read
China Merchants Bank Plunges 7.35% After Major Change of Senior Executives
China Merchants Bank announced during a meeting on Monday afternoon that it had decided to remove Tian Huiyu from the post of president and director of the bank and make another appointment for the position.
4/18/20223 min read
New Oriental Education's Stock Price Plummets Amid Stricter Government Regulation
The share price of New Oriental Education on the Hong Kong Stock Exchange on Friday afternoon has suddenly slumped. As of 4:10 pm, its was selling at HK $30.60 per share – down 39.63% – hitting a new low since its Hong Kong debut. Its latest market valuation sits at HK $55.541 billion
7/23/20212 min read
Chinese Auto Parts Maker Tuopu Group Responds to Tesla Recall
Regarding a Tesla recall announcement last week, Chinese auto parts supplier Ningbo Tuopu Group on Monday issued a statement at the Shanghai Stock Exchange.
12/6/20214 min read
Baidu Unveils ERNIE Bot, Share Price Rises More Than 12%
Baidu's ChatGPT-like product ERNIE Bot was unveiled yesterday and subsequently caused huge fluctuations in its share price. Before the Hong Kong stock market opened today, Baidu's share price rebounded. Around 15:00 Beijing time, the share price rose by over 12% to HK $142.8 (about 18.2 $).