FAST NEWS: TuSimple faces delisting for failure to file financial reports
The latest: Autonomous truck technology company TuSimple (TSP.US) said on Thursday it was notified by the Nasdaq that it faces potential delisting for failure to file its report for the quarter ended Sept.…
TSP.US
FAST NEWS: NaaS Technology Announces Fundraising Plan as Backdoor Merger Nears Completion
The Latest: NaaS Technology Inc. (NaaS), operator of China’s largest independent electric vehicle (EV) charging network, said on Monday it plans to raise money through its ongoing backdoor listing on…
NAAS.US
FAST NEWS: SenseTime’s loss balloons amid customer churn
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 19% to 3.81 billion yuan ($553 million) last year, while its non-GAAP net loss soared 234% to 4.74…
0020.HK
FAST NEWS: GDS narrows losses, but gross margin keeps shrinking
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) reported on Wednesday its revenue rose 9.9% to 2.4 billion yuan ($348 million) in last year’s fourth quarter. Its…
9698.HK
GDS.US
FAST NEWS: Chindata Sees Big Demand for $300 Million Note Sale
The latest: Data center operator Chindata Group Holdings Ltd. (CD.US) announced on Thursday it has priced its offer of $300 million worth of senior notes due in 2026. The notes…
FAST NEWS: Hesai Makes Biggest U.S. IPO by Chinese Firm Since 2021
The latest: Light detection and ranging (LiDAR) technology maker Hesai Group (HSAI.US) made its IPO trading debut on Thursday, upping Structure Therapeutics Inc. (GPCR.US), which went public on Feb. 3,…
FAST NEWS: Huadi Signs Strategic Agreement With Key PetroChina Contractor
The Latest: Stainless steel pipe maker Huadi International Group Co. Ltd. (HUDI.US) said on Thursday it has signed a strategic partnership agreement with a key construction contractor of China National…
