To meme or not to meme: Shengfeng stock on roller coaster ride in its first year
The niche logistics company’s shares have swung widely since their public debut a little more than a year ago, but may have finally settled at a realistic level Key Takeaways:…
Full Truck Alliance goes full throttle on user acquisitions
The trucking platform operator boosted its sales and marketing spending 50% in the fourth quarter, double the rate of its revenue growth Key Takeaways: Full Truck Alliance’s revenue rose 25.3%…
NEWS WRAP: ZTO Express zooms on Covid rebound, but warns of ‘soft economic environment’
The leading Chinese parcel delivery company’s revenue rose 12.5% in the second quarter, while its profit jumped 44% By Doug Young Parcel delivery company ZTO Express (Cayman) Inc. (ZTO.US;…
Shengfeng drives into investor fast lane with big post-IPO gains
The logistics company’s shares have more than doubled since their March IPO, including a 36% jump on a single day this week Key Takeaways: Shengfeng’s shares have risen sharply since…
J&T Global Express: Game changer or just a rabble rouser?
The logistics provider has filed for a Hong Kong IPO, aiming to become one of China’s top three delivery companies Key Takeaways: J&T Global Express has lost money for the…
Dada Delivers Big Returns as U.S. Investors Return to China Stocks
The local delivery company’s shares have nearly doubled this week, joining a small but growing group of U.S.-listed China stocks that are regaining investor favorKey Takeaways:Dada Group’s shares nearly doubled…
FAST NEWS: ZTO’s Hong Kong New ‘Primary’ Listing Status to Take Effect in May
The Latest: Logistics company ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) said its application to upgrade its Hong Kong listing from “secondary” to “primary” status has been approved and is expected…
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