QMSK supersizes U.S. listing as Nasdaq cracks down on Chinese companies
The provider of aftermarket services for the auto insurance sector has quadrupled the size of its original IPO fundraising target to as much as $37 million Key Takeaways: QMSK has…
Linklogis deepens its blockchain bet to make supply chain finance great again
The provider of digital supply chain financing services will use XRP Ledger to settle digital transactions as it continues to reel from China’s long-running real estate slump Key Takeaways: Linklogis…
China’s state-driven stocks, and its corporate wars abroad
China's stock market rally is fast approaching its one-year mark, with the benchmark Hang Seng and Shanghai composite indexes both up around 40%. How much longer can it last, especially given the weak state of China's economy? And internet giants Meituan and DiDi have sued each other in Brazil, where they are competing in the takeout dining market. How is this case likely to end up?
Cango sets stage for next growth phase as bitcoin competition heats up
The bitcoin miner outlined plans to diversify into operation of high-performance computing centers over the mid- to long-term Key Takeaways: Cango reported 1 billion yuan in revenue during the second…
Noah finds second life in overseas voyage
The wealth manager’s international businesses drove it back to revenue growth in the second quarter as challenges continued to linger at home Key Takeaways: Noah Holdings’ overseas revenue increased about…
Is Futu’s bull run nearing an end?
The brokerage’s stock has more than doubled since the start of the year, as it records strong revenue and profit growth fueled by heavy trading volumes Key Takeaways: Futu reported…
China’s changing tastes buffet western brands as Ant Group faces old headwinds
Burger King withdraws from Hong Kong and Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny.
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