360 DigiTech’s mediocre dividends, unexciting growth leave investors uninspired
The online loan facilitator is struggling to maintain steady dividends as its net profit declines on faltering revenue growth Key Takeaways: 360 DigiTech kept its dividend steady in last year’s…
3660.HK
QFIN.US
After rolling out its new business model, Cango shifts into new phase
The company launched its U-Car used car trading app at the start of this year, representing the last major piece in its transformation from auto financier to car trader Key…
CANG.US
Tianneng joins Swiss listing bandwagon, even as frosty reception awaits
The battery maker could become the 11th Chinese company to list global depositary receipts (GDRs) in Switzerland, heeding Beijing’s call for companies to raise their global profile Key Takeaways: Tianneng…
0819.HK
688819.SHG
FWD touts growth as IPO campaign drags on. But investors may want more
The Hong Kong-based regional insurer said the value of its new business grew 29% in 2022, even as its annual premium and fee income fell 15% Key Takeaways: The value…
Rough Market Ride Leaves Insurer ZhongAn Covered in Red Ink
The online insurer has applied new accounting standards to its earnings, magnifying the impact of poor investment returnsKey Takeaways:ZhongAn Online has forecast a net loss of 1.3 billion yuan to 1.5…
China Renaissance Chairman’s Vanishing Act: A Warning for Private Financiers?
The venture capital firm’s shares lost half their value after its chairman and rainmaker Bao Fan went missingKey Takeaways:The disappearance of China Renaissance founder and Chairman Bao Fan is drawing…
BIT Mining in Cash Conservation Mode as Harsh Crypto Winter Rages On
The crypto currency miner’s net loss ballooned in last year’s fourth quarter, as it appears to have sharply slowed its main mining pool business to keep down costsKey Takeaways:BIT Mining’s…
