Big depreciation nips Goldwind in disposal plan for self-developed wind farm
The wind power equipment giant said it will raise 881 million yuan by spinning off a wind farm it built in Jiangxi province, far less than the facility’s assessed value…
FAST NEWS: High Power Costs Undercut GDS Holdings’ Profitability
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) announced on Tuesday its revenue rose 24% to 2.31 billion yuan ($345 million) in the second quarter of the year, as…
FAST NEWS: Data Center Operator GDS Loss Widens in First Quarter
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) reported its revenue rose 31.5% to 2.24 billion yuan ($354 million) in the first quarter of the year, as its net…
Truck Maker CIMC Vehicles Gets Jump-Start From Citigroup
Company’s undervalued shares jump 17% after U.S. financial giant discloses its purchase of a 6.7% stake worth around $200 million Key points: Citigroup has joined Singapore’s GIC by buying a…
Used Car Specialist Uxin Gets Jump Start from Shifting Gears
Shares rally as company announces first results from its new business model and Singaporean sovereign wealth fund GIC boosts stake Key points: Uxin is emerging from a major transformation to…
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