BRIEF: Xiaomi discloses two EV fire incidents, further weighing on its shares
Xiaomi Group (1810.HK) on Tuesday disclosed fire accidents that occurred the previous day involving its electric vehicles (EVs), following up on an earlier pledge by founder and Chairman Lei Jun…
WeRide’s big share repurchase, and Huawei’s PC Harmony
Huawei has released a PC version of its Harmony operating system, as well as two models using the OS. How likely are other PC and smartphone makers to adopt this made-in-China OS? And WeRide has launched a $100 million share buyback less than a year after its IPO. What prompted the move, and is this the best use of its dwindling cash?
FAST NEWS: Alibaba continues aggressive share buyback
The Latest: E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) said it spent $4.8 billion in the first quarter of this year to repurchase its American depositary shares (ADS) under…
FAST NEWS: Miniso Announces $200 Million Share Buyback
The latest: Japanese-style chain store operator Miniso Group Holding Ltd. (MNSO.US) announced its board has authorized the purchase of up to $200 million (1,275 million yuan) worth of the company’s…
Share Buybacks Bring Mixed Results for Smart Share Global, Cloopen
Two China tech firms are the latest in a recent string to announce share repurchases with hopes of boosting their sagging stocks Key points: Smart Share Global’s shares surged after…
