Showing 12 of 16 posts with this tag
Pop Mart’s stock has plunged nearly 44% in four months, losing over HK$200 billion (≈$25.7 billion USD) in market cap as Deutsche Bank warns aggressive Labubu production may kill the brand’s scarcity appeal.
Chinese internet giant Tencent on Thursday announced that it will distribute about 460 million shares of China's largest retailer JD.com to shareholders in the form of interim dividends.
According to documents disclosed by the Hong Kong Stock Exchange (HKEx) on Monday, Tencent Holdings sold 74.6 million shares in New Oriental's Koolearn from June 15 to June 16.
On November 21, Chinese EV maker NIO announced that it has completed its previously announced at-the-market offering of American depositary shares, each representing one Class A ordinary share of the company.
According to information disclosed by the Hong Kong Stock Exchange, Richard Liu, founder of e-commerce giant JD.com, has recently sold 8.84 million shares in firm subsidiary JD Health, cashing out about HK $440 million.
Chinese smartphone and consumer electronics giant Xiaomi announced on Wednesday that the company's board awarded a total of 174,901,942 shares to 4,931 selected participants under a share award scheme.
Daily Journal Corp, the newspaper and software company owned by Charlie Munger, a close business partner of Warren Buffett, disclosed on Wednesday that it had increased its stake in Alibaba in the US stock market.
Ganfeng Lithium announced on Wednesday night its acquisition of 8.58% of shares in Litio Minera Argentina S.A. for a transaction amount of $13.178 million.
Ant Group on August 22 refuted online rumors that a senior Hangzhou government official currently under disciplinary investigation had bought shares in the company during its IPO.
Leading Chinese smart electric vehicle maker Xpeng announced on Wednesday the pricing of an offering of 85,000,000 Class A ordinary shares at HK$165 ($21.25) per share which comprises both an international offering and a Hong Kong public offering.
Dingdong Maicai, a Chinese fresh food e-commerce platform, announced on Monday that its board of directors had approved a stock repurchase plan.
The US Securities and Exchange Commission released a document on Thursday suggesting that Chinese tech giant Tencent has added about 1.8 million Class A ordinary shares to its existing holdings in ride-hailing firm Didi Global Inc.