Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.
World-leading asset manager BlackRock launched a reduction in BYD H shares, bringing its shareholding ratio from 6.21% to 5.85%.
Reports have emerged recently claiming that Tencent Holdings is considering a reduction of its shares in Meituan, Beike, Didi and other companies, in order to provide funds for its stock repurchase and new business ventures.
ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company.
According to the announcement on Shenzhen Stock Exchange on July 29, SenseTime, a leading AI enterprise in China, has been added into the list of stocks that can be traded through the Hong Kong Stock Connect platform.
On July 25, Shenzhen Securities Information Co., Ltd., a wholly-owned subsidiary of the Shenzhen Stock Exchange (SZSE), launched the CNI ESG Ratings Methodology.
This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.
Goertek Microelectronics Co., Ltd., a manufacturer of Micro-Electro-Mechanical Systems (MEMS) products, will be listed independently on the ChiNext Board of the Shenzhen Stock Exchange.
The shares of Danke Apartment, one of China’s biggest rental platforms, surged by more than 75% on Tuesday night, Beijing time, closing at $2.40, mainly due to the rumor that another leading rental specialist 5i5j will purchase Danke.
Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.
Shares of Chinese bottled water giant Nongfu Spring soared in their debut on the Hong Kong stock market Tuesday, boosting the fortunes of its founder Zhong Shanshan to instantly make him the richest man in China.
ChiNext, which has been in operation for more than ten years, has ushered in its biggest reform: piloting the registration-based IPO system.
On Aug. 14, 2020, Chinese Baidu-backed video streaming service iQIYI announced its unaudited financial report for the second quarter ended June 30, 2020.