- Spark Newswire

5 minute read

Solid Earnings, Modest Buyback Fail to Boost Drug Seller 111 Inc.

Today, 6:00 AM

Key takeaways: 111’s revenue grew 87% in second quarter, generally outpacing its peers, as it aims to more than double its fulfillment capacity this year Company’s shares now trade around $6.50, well off a $23 high reached in February, as investors worry about regulatory wave for broader tech sector By Mia Shanley

ALBHF

5 minute read

Tuya’s Stock Gets Lift From Share Buyback, FTSE Inclusion

By The Bamboo Works

Today, 6:00 AM

Key points:

NET

5 minute read

Regulatory Wrinkles Spoil So-Young’s Latest Results

By The Bamboo Works

Today, 6:00 AM

Key takeaways:

5 minute read

Markets

JinkoSolar Dims, Then Shines, with U.S. Export Restrictions and Power Storage Tie-Up

By The Bamboo Works

Today, 6:00 AM

Key Takeaways: • JinkoSolar’s shares have come under recent pressure from potential U.S. import restrictions on the company and some of its Chinese peers

CSIQ

5 minute read

Online Travel Agent Tongcheng-Elong Gets Lift from T. Rowe Price

By The Bamboo Works

Today, 6:00 AM

Key Takeaways: Tongcheng-Elong has rebounded from the pandemic more quickly than the larger Trip.com due to its focus on domestic China market Company’s shares look modestly valued compared to domestic and global peers due to its stronger growth potential over next one to two years By Doug Young

TCOM

5 minute read

Noah Holdings Stung by High Costs Amid Pivot to China’s Rich

By The Bamboo Works

Today, 6:00 AM

Key points: Asset manager Noah Holdings’ second quarter revenue grew 20%, but margins got squeezed by faster-growing operating expenses High expenses came from recruitment of new wealth management staff as company shifts focus to affluent Chinese customers By Warren Yang

NOAH

5 minute read

AiHuiShou’s Q2 Revenue Rises 56%, Fueled By Growing Electronics Recycling Network

By The Bamboo Works

Today, 6:00 AM

Key points: AiHuiShou posts 56% revenue growth in its latest reporting quarter while continuing to operate in the red Company simultaneously released first ESG report highlighting its role in helping China to achieve its carbon-reduction goals By Doug Young Sometimes your best asset isn’t in your financial statements.

RERE

5 minute read

Zhihu’s Revenue Rose 144% Year-on-Year

By The Bamboo Works

Today, 6:00 AM

Key points: Zhihu’s revenue rose 144% year-on-year in its latest quarterly results, fueled by a big increase in ‘content commerce solutions’ One of the company’s biggest challenges will be maintaining its credibility as it allows a growing volume of sponsored content onto its platform By Doug Young

LRLCY

5 minute read

Bitcoin Mining Machine Maker Canaan Plays Up Offshore Sales

By The Bamboo Works

Today, 6:00 AM

Key points: Canaan Inc.’s recent series of deals from two major international customers could be worth around $200 million in 2021 and 2022 Company is trying to highlight its growing global customer base as China shutters most domestic crypto mining in recent crackdown By Doug Young

CAN