Chinese technology, media and entertainment conglomerate Tencent Holdings Limited (OTC: TCEHY) is among the high-profile companies in the country to fac
Shares of U.S.-listed Chinese electric automakers and Tesla, Inc (NASDAQ: TSLA) rivals Nio Inc (NYSE: NIO), Xpeng Inc (NYSE: XPEV), and Li Auto Inc (NASDAQ: LI) fell for the third day
Key takeaways:
Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending
The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers
By Ken Lo
Key takeaways:
• China Renaissance’s revenue fell by a third in the second half of last year from the first half as the number of U.S. IPOs it handled dropped to one from nine
Nickel is not the battery-destined metal that concerns China the most. In March, the government of the Asian giant summoned several market players to find ways to curb lithium’s whopping increase of 472% since last June.
JD.com (NASDAQ: JD), which has emerged as a potent rival to e-commerce giant Alibaba Group Holdings, Inc. (NYSE: BABA) is seeing a change of guard at the helm.
Key Takeaways:
Investors may be growing more bullish on Dingdong and Missfresh as recent Covid-related lockdowns drive more consumers to buy groceries online
Both companies trade at relatively low valuations, even after big stock gains this week, as analysts remain bullish on the pair
By Doug Young