After going public in July, the e-commerce giant Pinduoduo Inc. (PDD) released its first quarterly report on Aug. 30, showing some big gains and even bigger losses.
Beijing-based media group Caixin Global reported that the list of companies issued China Depositary Receipts (CDR) has been released. The companies include BATJ (Baidu, Alibaba, Tencent, and JD.com), Ctrip, Sina Weibo, NetEase and Sunny Optical Technology.
Since the Spring Festival of 2018, enterprises have concluded their annual meetings, revealing numerous important information.
During the first month of 2018, the major Chinese companies Alibaba and Huawei were denied access to the US market. Undeniably, the cautiousness of the Chinese and US governments on investment have made it increasingly difficult for Chinese companies to expand their business to the US market.