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Canadian Court Weighs Bail for Jailed CFO of China's Huawei

IN THE NEWS
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BRIEF NEWS
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U.S. Regulators Raise Concerns About Lack of Audit of Chinese Companies

U.S. Regulators Raise Concerns About Lack of Audit of Chinese Companies

In particular, these oversight agencies are concerned with companies based in China that trade in the United States.

Dec 10, 2018 6:37 PM PT
Xunlei Partners with China Mobile to Develop Blockchain and IoT Applications

Xunlei Partners with China Mobile to Develop Blockchain and IoT Applications

Under the agreement, both parties would jointly invest in the research and development of applications of blockchain and IoT technologies.

Dec 10, 2018 6:16 PM PT
Hexindai Skyrockets 40% After Announcing $25 Million Share Repurchase Program

Hexindai Skyrockets 40% After Announcing $25 Million Share Repurchase Program

According to the announcement, the purchases would be funded from cash on hand or future cash provided by operating activities, and the exact number of shares to be repurchased could be changed over time.

Dec 10, 2018 12:16 PM PT
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INTERVIEWS WITH CHINESE ENTREPRENEURS

iAsk : Founding a startup at 46, what do you want ?

COMPANY WATCH
Shares of Momo Dropped 4% After Gets Slapped by Another Short-seller

Shares of Momo Dropped 4% After Gets Slapped by Another Short-seller

According to her research, as much as 40 percent of Momo's strong revenue growth was driven by customers who pay the company but get some 75 to 100 percent of the cash back.

AMC-Groupon Partnership Sends Both Stocks Up

AMC-Groupon Partnership Sends Both Stocks Up

Shares in China-owned AMC closed up more than 4 percent Monday, at $14.22 per share.

Cheetah Mobile Again Denies Ad Fraud Accusations; Stock Soars in Rebound

Cheetah Mobile Again Denies Ad Fraud Accusations; Stock Soars in Rebound

Cheetah countered that one of the biggest mistakes involved whether the company had any control over the software development kits (SDKs) it uses on its site.

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NEWSFEED ASIA

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PRESS RELEASES

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EDITOR'S PICKS
Citron Research Calls Nio "a Tesla Déjà vu"; Shares Jump 14% Early in Response

Citron Research Calls Nio "a Tesla Déjà vu"; Shares Jump 14% Early in Response

Nio closed today at $7.84 per share in New York, while Citron's report said Nio stock has "little resistance on its way to $12 per share."

Pinduoduo Hit With More Allegations, but Shares Keep Ground

Pinduoduo Hit With More Allegations, but Shares Keep Ground

Despite being hit by a short-seller report this week, shares in Pinduoduo have gained 14 percent since last Friday.

Government Bans Kindergarten Companies from Selling Shares; RYB Education Tanks 50%

Government Bans Kindergarten Companies from Selling Shares; RYB Education Tanks 50%

The officials stressed that preschool education was a social public welfare, which is an important and inseparable part of the national education system.

Weidai Prices at $10 Per Share, Launches $45 Million IPO in New York

Weidai Prices at $10 Per Share, Launches $45 Million IPO in New York

The Hangzhou-based company, which had targeted a initial price range of $9 to $11 per ADS, opened at $10.50 per share before jumping to $10.89 in morning trading.

Another Chinese P2P Company, Xiaotai International, Files for IPO in New York

Another Chinese P2P Company, Xiaotai International, Files for IPO in New York

The Hangzhou-based company, which is seeking a listing on the NYSE American exchange under the symbol “TAI,” filed for a maximum offering of $20 million.

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