Yidu suffers from lingering Covid chill
The medical data company’s revenue tumbled 55% in the six months through March as hospitals and other medical institutions delayed their resumption of non-Covid services Key Takeaways: Yidu Tech’s revenue…
Yidu Tech Looks for Elixir With International Unit Stake Sale
The medical data services provider said it will sell 20% of its EVYD Technology unit to the Southeast Asian nation of Brunei’s sovereign wealth fundKey Takeaways:Yidu Tech is selling 20%…
Yidu Tech Pares Losses in Search of Elusive Profits
The medical big data company’s loss narrowed by 80% in its latest fiscal year, though its revenue growth slowed in the second half of that period Key Takeaways: Yidu Tech’s…
Investors Give, Then Take Away, in Meihua’s New York Trading Debut
Shares of disposable medical products maker soar 30% on first trading day, only to fall even more the next day, as it becomes just the second Chinese listing in the…
Chinese Wheelchair Maker Tests U.S. Regulator’s Appetite for Controversial VIE Structure
Jin Medical is first Chinese firm using the variable interest entity (VIE) structure to apply for a New York IPO since the U.S. regulator temporarily banned such listings earlier this…
Online Insurance Broker Waterdrop Makes Splash, Then Crash, in New York IPO
Company raises $360 million after pricing shares at the top of their range, only to see stock tank nearly 20% in trading debut Key points: Waterdrop’s position as a middleman…
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