- Spark Newswire

4 minute read

Small Cap

Globally Minded Zepp Raises Eyebrows With New Ultra-Long Life Smartwatch

Today, 5:07 PM

Key takeaways: Zepp Health has launched a new energy-efficient operating system for its Amazfit smartwatches that cuts power consumption by 65% Shipments of company’s own-branded products more than doubled in the second quarter as it tries to wean itself from Xiaomi By Mia Shanley

ZEPP

5 minute read

FinVolution Tests Regulatory Tolerance With First Asset-Backed Securities Issue

By The Bamboo Works

Today, 5:07 PM

Key Takeaways: • Online loan facilitator FinVolution has issued its first batch of 200 million yuan worth of asset-backed securities as a new form of fundraising tool • Move comes four months after the larger Ant Group canceled a much larger ABS sale totaling 18 billion yuan

FINV

4 minute read

21Vianet Looks for New Chapter With Name Change

By The Bamboo Works

Today, 5:07 PM

Key takeaways 21Vianet’s shareholders have approved changing its name to VNET Group The move marks the latest change for the company, following the arrival of new CFO in April and the recent departure of its COO By Doug Young

5 minute read

China East Education Shifts Into Conservative Spending Mode

By The Bamboo Works

Today, 5:07 PM

Key takeaways:

DAO

5 minute read

Baozun Stays Hooked on Alibaba With New Logistics Investment From Cainiao

By The Bamboo Works

Today, 5:07 PM

Key takeaways: Alibaba-backed Cainiao is paying $217.9 million for 30% of Baozun’s Baotong warehouse and fulfillment subsidiary Deal shows how Baozun remains dependent on Alibaba, despite ongoing attempts to diversify its customer base By Mia Shanley

BABA

5 minute read

Transforming Uxin Finds Government Support in Anhui

By The Bamboo Works

Today, 5:07 PM

Key takeaways: Uxin’s new $388 million investment in Anhui is part of its broader plan to transform from a middleman to a direct used car seller One of the company’s biggest challenges going forward could be a lack of cash to execute its cost-heavy transformation plan By Mo Yelin

CANG

5 minute read

Share Buybacks Bring Mixed Results for Smart Share Global, Cloopen

By The Bamboo Works

Today, 5:07 PM

Key points:

CANG

5 minute read

Internet Stalwart 51job Shrugs Off Investors Ahead of Wall Street Exit

By The Bamboo Works

Today, 5:07 PM

Key Takeaways: • 51job’s second quarter results could be its last as a listed company as it anticipates completing a year-old privatization bid by the end of this year

JOBS

5 minute read

Early JW Therapeutics Backer Ruins Regulatory Breakthrough Party With Stake Sale

By The Bamboo Works

Today, 5:07 PM

Key takeaways: • Less than two weeks after JW Therapeutics received regulatory approval to commercialize its core product in China, key early investor Temasek sold all of its stake

BMY

5 minute read

Waterdrop Stock Splashes to New Depths in Summer of Regulatory Cleanups

By The Bamboo Works

Today, 5:07 PM

Key Takeaways: • Waterdrop posted healthy gains in revenue and paying customers in the second quarter, but swung back to an operating loss as sales and marketing costs soared

WDH