Stocks

Bilibili falls in Hong Kong debut amid 'black swan event'
Regarding Bilibili's share price performance in Hong Kong, its chairman and CEO Chen Rui said that the capital market situation is relatively poor and this should be considered a b ...
RLX Technology Q4 revenue up 45% from previous quarter to $248 million
Net loss for the quarter was RMB 237 million, compared to net income of RMB 7.8 million in the third quarter of 2020, according to the company's earnings report released today. ...
Meituan's Q4 revenue up 35% year-on-year to $5.8 billion
The company reported an adjusted loss of 1.44 billion yuan in the fourth quarter of 2020, compared with a profit of 2.27 billion yuan in the same period of 2019. ...
Tiger Brokers, 'Robinhood of China', sees Q4 net profit up nearly 30 times year-on-year
It achieved revenue of $47.24 million in the fourth quarter, a 136.5% jump year-on-year, and has achieved year-on-year growth rates of more than 100% for five consecutive quarters. ...
Bilibili caught copying Baidu in Hong Kong secondary listing material
Going public can be a complicated process, especially considering the amount of documentation that needs to be prepared. So, is there a shortcut? Chinese video platform Bilibili se ...
Why did China concept stocks plunge on Wednesday?
China concept stocks in the US stock market were widely sold off on March 24, with most stocks down more than 10%. Investors wondered what was going on. ...
Didi said to be considering US IPO at valuation of at least $100 billion
Didi sees an advantage of a New York IPO in that the pace of the listing is more predictable and the market is better capitalized in the second quarter. ...
Tencent's Q4 revenue up 26% year-on-year to RMB 133.67 billion, in line with expectations
Chinese tech giant Tencent's fourth-quarter revenue rose 26 percent year-on-year to RMB 133.67 billion ($20.5 billion), in line with market expectations. ...
Xiaomi's Q4 revenue up 24.8% year-on-year to 70.46 billion yuan, missing estimates
Xiaomi sold 42.3 million smartphones in the fourth quarter, up 29.7 percent year-on-year. ...
Sina, one of China's oldest Internet companies, announces completion of privatization and delisting from Nasdaq
Sina, one of China's oldest Internet companies, announced Tuesday the completion of its privatization and delisting from the Nasdaq after 21 years of being listed there. ...