China’s property debt crisis muddles on, as profits evade the pet economy
Domestic investors holding about $500 worth of Vanke bonds have agreed to extend their Dec. 28 maturity date by a month. Why are Vanke and its peers continually turning to this kind of delaying tactic rather than doing bankruptcy reorganizations? And pet hospital operator Ringpai has applied for a Hong Kong IPO.
Low margins, losses dog Ringpai as it eyes Hong Kong IPO
The company hopes to become Hong Kong’s first publicly listed pet hospital chain, hoping investors will overlook its weak performance metrics Key Takeaways: Ringpai has filed to list in Hong…
Pet tech boom lifts Dogness revenue, but investors aren’t biting
The pet pioneer’s business is getting a lift from products like smart collars and intelligent feeders, even as its core leash business is in the doghouse Key Takeaways: Dogness reported…
Zhengye Biotech’s ‘pet-sized’ IPO leaves plenty of room for more fundraising
The veterinary vaccine producer raised a modest $6.9 million in its New York listing by selling just 3% of its shares, as it diversifies into the household pets market Key…
PODCAST: China-built Battery Plant Hits the Skids in U.S., and Pet Site Boqii Bows from NYSE
By Doug Young & Rene Vanguestaine Ford has put the brakes on a battery plant being built for it in the U.S. by China’s CATL. Is this the end of…
Boqii Delists, Ends Three-Year ‘Ruff’ Ride on NYSE
Not enough dog years left for the pet-care company, whose falling market value put it in danger of being forcibly delisted after its revenue contracted in its latest fiscal year…
New Ruipeng Trots Out ‘Pet Project’ IPO
China’s largest provider of pet products and services could raise as much as $400 million from its plan to list in New YorkKey Takeaways:New Ruipeng has filed for a New…
