Renewed Focus Clears Distractions for Chindata After Founder’s Abrupt Exit
Company’s shares rallied after it formed a new management team around executives with deep experience in its main data center business Key takeaways: • Chindata reported its revenue grew 41%…
Chindata Charts Life After Founder, But Uncertainty Keeps Investors at Bay
The data center operator’s shares rallied after it gave terms for transition with its founder’s departure, only to later give back the gains Key takeaways: • Chindata said it has…
Chindata Learns Investor Relations Lesson After Keeping CEO Departure a Mystery
Shares in the datacenter operator plunged by a third after it announced the sudden departure of its top executive without explanation Key takeaways: • Last Friday, Chindata abruptly announced founder…
RELATED ARTICLES
-
Fosun moves on from debt crisis with renewed focus on tourism, healthcare
0656.HK - Shanghai Able’s renewed IPO plan hobbled by weak appetite for new tech listings
-
GDS moves closer to breakup with REIT spinoff plan
9698.HK GDS.US
-
Baozun returns to the black as Gap expansion accelerates
9991.HK BZUN.US
-
Noah’s development arc takes overseas turn as life at home only gets tougher
6686.HK NOAH.US
- IPO-bound Dazhong Dental all smiles in market ripe for consolidation
