- Spark Newswire

4 minute read

Dingdong Pulls Further Away From Old Opponent, But Profits Remain Far Off

Today, 8:40 PM

Key points: Dingdong’s revenue doubled in the third quarter, but its loss grew even faster by 1.4 times as it become trapped in a cycle of ‘greater losses with more income’ The company’s management admitted returns on investment are still a long way off By Jony Ho

DDL

5 minute read

Following Rough Year, Is Burning Rock Set To Turn The Corner?

By The Bamboo Works

Today, 8:40 PM

Key Takeaways:

5 minute read

TuSimple Stuck In Low Revenue, Loss-Making Zone As It Eyes First Driverless Truck Trips

By The Bamboo Works

Today, 8:40 PM

Key takeaways: TuSimple’s third-quarter loss widened as it forecast its expenses for 2021 will come in at upper end of previous guidance Severe driver shortage and high fuel costs play in company’s favor, but regulatory risk amid U.S.-China tensions remains a concern By Mia Shanley

AUR

5 minute read

Small Cap

Medical Device Maker Highlights China Risk as Chinese U.S. IPOs Resume

By The Bamboo Works

Today, 8:40 PM

Key Takeaways: Meihua International files updated prospectus highlighting China oversight risk in latest filing for its modest $57 million U.S. IPO Hotel operator Atour makes similar updated filing for U.S. IPO plan to raise $350 million, valuing the company at more than $2 billion By Doug Young

5 minute read

Uncategorized

JinkoSolar Shines In Latest Polysilicon Tie-Up, Brightening Industry Trends

By The Bamboo Works

Today, 8:40 PM

Key Takeaways: JinkoSolar’s shares rise 5% after announcement of a new $70 million investment in domestic polysilicon maker Tongwei Company’s stock is up 33% since early September on improving outlook for solar panel makers By Doug Young

CSIQ

5 minute read

China-U.S. IPO Pipeline Creaks Back To Life With Two New Listing Plans

By The Bamboo Works

Today, 8:40 PM

Key takeaways: Two Chinese companies, drug maker LianBio and hotel operator Autour, are moving ahead with U.S. IPOs after a three-month pause on such listings Neither company is using the controversial VIE structure, and neither comes from the sensitive internet sector By Doug Young

DIDI

5 minute read

Scandal-Ridden Luckin in Nascent Coffee Comeback. But Will Investors Take a Sip?

By The Bamboo Works

Today, 8:40 PM

Key takeaways: Luckin Coffee’s latest post-scandal financial report shows revenue more than doubled in the first half of the year, as losses narrowed Reformed company’s shares have rebounded to just below their IPO price, as it moves to business model with new focus on franchising By Mia Shanley

LKNCY

4 minute read

A-List Executive Team, Big-Name Backers Fail to Lift Abbisko IPO

By The Bamboo Works

Today, 8:40 PM

Key takeaways Four rounds of fundraising together with IPO proceeds have given the Abbisko a cumulative war chest of almost $500 million Company is betting a significant portion of its funds on China rights to an AstraZeneca drug to treat multiple solid tumors By Richard Barbarossa

ABBV

5 minute read

Fintech

Tencent-Backed Weimob’s Big Investors Head for Exit Doors

By The Bamboo Works

Today, 8:40 PM

Key takeaways: Several of Weimob’s big-name shareholders have been selling down their stakes in the company over the last three months Tencent-backed Weimob announced a HK$1 billion share buyback last month to relieve the selling pressure By Doug Young

BABA

5 minute read

Renren In Search Of Identity As Its Stock Surges On Lawsuit Settlement

By The Bamboo Works

Today, 8:40 PM

Key takeaways: A 45% surge in shares of Renren, once pegged as the ‘Facebook of China,’ earlier this month was fueled by settlement of a shareholder lawsuit Despite a $600 million market value after the jump, company is still in search of a long-term business model By Shirley Lau

RENN