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E-Scooter Maker Niu Technologies Set to Lift Off Friday, With $83 Million IPO Target

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BRIEF NEWS
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Citi and Deutsche Bank Initiate Coverage on Qutoutiao; Both Issue "Lukewarm" Ratings

Citi and Deutsche Bank Initiate Coverage on Qutoutiao; Both Issue "Lukewarm" Ratings

A week ago, Deutsche Bank Securities started coverage on Qutoutiao with a similar "Hold" rating with $8.30 in target price.

Oct 18, 2018 5:54 PM PT
Hailiang Education Reports Record Earnings, Revenue

Hailiang Education Reports Record Earnings, Revenue

The Hangzhou-based company, a provider of education programs and management services, said revenue climbed 37 percent to a record $176.7 million for the year.

Oct 18, 2018 4:29 PM PT
Macau Gaming Resort Studio City Wins $359 Million Hand in Debut on NYSE; Stock Ends Up 24%

Macau Gaming Resort Studio City Wins $359 Million Hand in Debut on NYSE; Stock Ends Up 24%

On debut day, shares in Studio City spiked as high as 47 percent intraday, then closed at $15.50 per share, up 24 percent.

Oct 18, 2018 3:32 PM PT
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COMPANY SNAPSHOT (VIDEO)

CEO INTERVIEW: How ReTo is Helping China's Environment With New Technology

COMPANY WATCH
Lenovo Takes Top PC Seller Position in Third Quarter; Future Uncertain

Lenovo Takes Top PC Seller Position in Third Quarter; Future Uncertain

Despite strong third-quarter results, Lenovo has experienced turbulence after Bloomberg's spying report.

Popular Hot Pot Chain Haidilao Prices Hong Kong IPO at Top of Range

Popular Hot Pot Chain Haidilao Prices Hong Kong IPO at Top of Range

The Chinese Sichuan-style spicy restaurant is set to raise nearly $1 billion in its IPO this week.

Meituan Dianping Closes Up 5% in Hong Kong Debut in Second-largest IPO Since Xiaomi

Meituan Dianping Closes Up 5% in Hong Kong Debut in Second-largest IPO Since Xiaomi

The Tencent-backed delivery and services platform landed a $4.2 billion IPO, trailing closely behind Xiaomi's July listing.

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EDITOR'S PICKS
China's Digital Wallets Alipay, WePay Warn iPhone Users of Hacks

China's Digital Wallets Alipay, WePay Warn iPhone Users of Hacks

China's largest payment apps said on Thursday that Apple IDs were used to hack into their customers' accounts to swipe funds.

Gaming Resort in Macau, Studio City Seeks New York IPO of Up to $360 Million

Gaming Resort in Macau, Studio City Seeks New York IPO of Up to $360 Million

The Hong Kong-based company plans to sell 28.8 million ADSs at up to $12.50 per share on the NYSE as "MSC."

Nio Stalls Out Below IPO Price

Nio Stalls Out Below IPO Price

Despite the lack of news, the company has seen its fortunes slide continuously since a dramatic run-up the day after it went public three weeks ago when it raised $1 billion.

PRESIDENT & CFO INTERVIEW: CooTek to Continue Growing Global User Base, App Portfolio After IPO

PRESIDENT & CFO INTERVIEW: CooTek to Continue Growing Global User Base, App Portfolio After IPO

CooTek's management said they were “thrilled” about its public float in New York in an interview with CapitalWatch.

Alibaba's Internet Car Startup Banma Raises $233 Million

Alibaba's Internet Car Startup Banma Raises $233 Million

Banma said this fundraising gave the company a valuation of over $1 billion.

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