FAST NEWS: Tongdao Liepin buys $19 million in structured deposit products
The Latest: Online recruitment platform Tongdao Liepin Group (6100.HK) announced Monday it has subscribed to two structured deposit products from Xiamen International Bank through its subsidiaries for a total of 135 million yuan…
BridgeHR rides gig economy to Hong Kong IPO
China’s largest supplier of temporary employees is hoping to tempt investors with ‘its gig economy’ story, even as it relies heavily on one major customer Key Takeways: BridgeHR has filed…
FAST NEWS: Morgan Stanley cuts stake in Tongdao Leipin
The latest: U.S. banking giant Morgan Stanley disclosed it sold about 228,000 shares of Tongdao Leipin Group (2013.HK) on Dec. 11, lowering its stake from 5.02% to 4.97%, according to a…
Kanzhun chronicles China’s job rebound, as investors frown on company’s high costs
The country’s leading recruitment services company returned to revenue growth in the first quarter, but its spending rose at an even faster rate Key Takeaways: Kanzhun reported its revenue rose…
Kanzhun cranks up spending, even as others tighten belts
China’s leading online recruitment platform’s operating costs soared 70% in last year’s fourth quarter, pushing the company into the red Key Takeaways: Kanzhun’s revenue was flat in the fourth quarter,…
Kanzhun Weathers Covid Storm, Silent on Data Security Review
China’s leading online recruitment company reported its revenue rose 43% in the first quarter, but forecast a decline in the second quarter due to Covid disruptions Key Takeaways: Kanzhun reported…
Internet Stalwart 51job Shrugs Off Investors Ahead of Wall Street Exit
Company’s latest earnings show its quarterly profit dived on soaring marketing costs, as it anticipates ending its 17-year run on Wall Street by year-end Key Takeaways: • 51job’s second quarter…
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