The Bamboo Works - Spark Newswire

5 minute read

Penny Stocks

Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely

Today, 3:45 AM

Key takeaways: • iClick said its enterprise solutions business more than doubled last year, and is expected to deliver more ‘strong growth’ for the next three years

BABA

4 minute read

Uncategorized

GenScript Losses Widen, But Investors Focus on Newly Approved Cancer Treatment

By The Bamboo Works

Today, 3:45 AM

Key takeaways: GenScript Biotech said it lost up to $519 million last year, with its Legend Biotech unit accounting for nearly 70% of that Legend Biotech’s Cilta-cel CAR-T cell therapy product was approved by the FDA on Monday, and could become a major cash cow for GenScript Biotech By Molly Wen

JNJ

5 minute read

Vipshop Sputters, But Stays Focused on Brand-Name Discounts

By The Bamboo Works

Today, 3:45 AM

Key takeaways: After years of steady growth, Vipshop posted a rare 5% revenue decline in its latest quarter, with profit down by an even sharper 42% The discount e-commerce company has rolled out a series of initiatives to jumpstart growth, including trying to convert more users into VIP members By Trevor MO

BABA

5 minute read

Agora Looks for New Excitement With Online Workplace Audio, Karaoke Metaverse

By The Bamboo Works

Today, 3:45 AM

Key takeaways:

API

5 minute read

Capvision Tempts Investors With Fast Growth, Fat Margins In Hong Kong IPO

By The Bamboo Works

Today, 3:45 AM

Key Takeaways: ‘Expert network’ operator Capvision Partners has filed for a Hong Kong listing to raise up to $300 million The company boasts fast revenue growth and impressive profit margins, but also faces regulatory risk that was the focus of a U.S. crackdown a decade ago By Doug Young

ACN

5 minute read

Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors

By The Bamboo Works

Today, 3:45 AM

Key Takeaways: Hong Kong has received six SPAC listing applications in the last month, even as regional rival Singapore’s similar program starts to turn quiet Most of Hong Kong’s SPAC applicants are backed by mainland Chinese companies, highlighting a major advantage the city enjoys over Singapore By Jony Ho

BABA

5 minute read

New Oriental Eyes Chip Design, China Liberal Chases Higher Education

By The Bamboo Works

Today, 3:45 AM

Key Takeaways:

CLEU

5 minute read

Investors Give, Then Take Away, in Meihua’s New York Trading Debut

By The Bamboo Works

Today, 3:45 AM

Key takeaways:

DIDI

4 minute read

Asia
Markets

Shanghai Pulse Medical Files for HK Listing Despite Weak Vital Stats

By The Bamboo Works

Today, 3:45 AM

Key takeaways: Shanghai Pulse Medical has filed to list in Hong Kong, despite posting a major jump in its net loss in the first nine months of last year The company sees big potential in the market for cardiovascular surgery-related products as Chinese society continues to age By Ken Lo

5 minute read

Asia
Markets

ETAO Takes on Digital Health Big Shots With U.S. SPAC Listing Plan

By The Bamboo Works

Today, 3:45 AM

Key takeaways: • ETAO’s SPAC merger with Mountain Crest Acquisition Corp. III is expected to close by this summer, providing it with up to $304 million in gross proceeds