FAST NEWS: JPMorgan cuts its Weimob holdings
The latest: U.S. banking giant JPMorgan disclosed it sold 3.94 million shares of e-commerce services provider Weimob Inc. (2013.HK) on Nov. 1, lower its stake from 6.01% to 5.87%, according to a…
2013.HK
Baozun overhauls Gap stores, goes global with new Hunter deal
The e-commerce company and Authentic Brands Group will form a joint venture to sell Hunter- branded products, best known for their Wellington boots, in Greater China and Southeast Asia Key…
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9991.HK
Retail slowdown takes wind out of Dmall’s advancing IPO
The provider of cloud-based services for traditional and e-commerce retailers posted revenue growth of just 1.6% in the first quarter Key Takeaways: Dmall’s revenue growth slowed sharply in the first…
Weimob returns to growth as long march towards elusive profits continues
The e-commerce services provider reported strong growth for its ad billings and software orders in the first quarter, as analysts expect its revenue to rise about 30% this year Key…
2013.HK
Business services firm Zhubajie pursues IPO cash for post-Covid growth
The provider of business software and e-commerce services has filed to list on the Hong Kong Stock Exchange for a second time, but high costs and R&D spending mean it…
Chinese Companies Raise Big Bucks in New York, Hong Kong
Eight U.S.- and Hong Kong-listed Chinese companies have collectively raised more than $2 billion this month, mostly through new share issuesKey Takeaways:Eight Chinese companies have collectively raised more than $2…
CHINA BULLETIN: No New Year Cheer for Exports
In this week’s issue exports tank and steel output slides, while Didi drives back into China app stores. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
