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China Smartphone Maker Xiaomi Beats Profit View, Sees More Global Expansion

IN THE NEWS
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BRIEF NEWS
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X Financial's Fourth Quarter Results Take Stock 5% Higher

X Financial's Fourth Quarter Results Take Stock 5% Higher

The lending platform, which became publicly traded in September, has set up an annual dividend of 10 cents per share, though the details have yet to be announced.

Mar 19, 2019 9:10 AM PT
Huawei Leads Asian Domination of U.N. Patent Applications in 2018

Huawei Leads Asian Domination of U.N. Patent Applications in 2018

Huawei, which has been under pressure since the United States demanded its allies bar Chinese vendors from participating in building 5G networks due to national security concerns, made 5,405 patent applications to the U.N. body last year.

Mar 18, 2019 6:59 PM PT
Leju Reports Strong Fourth Quarter Earnings

Leju Reports Strong Fourth Quarter Earnings

Income reached $1.4 million, or 1 cent per diluted American depositary share, in contrast to a net loss of $22.3 million, or 16 cents per diluted ADS, for the same quarter of 2017.

Mar 18, 2019 4:18 PM PT
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INTERVIEWS WITH CHINESE ENTREPRENEURS

The United States is far less enthusiastic about technology than China is

ANALYST OPINION
ANALYSIS: Up Fintech Proposes Terms For $78 Million U.S. IPO

ANALYSIS: Up Fintech Proposes Terms For $78 Million U.S. IPO

Up Fintech (Tiger Securities) is growing quickly in the lucrative foreign securities trading market in China but faces a strong competitor in recent IPO firm Futu Holdings.

ANALYSIS: JMU Signals Possible Relief for Undervalued Microcaps Among Chinese Stocks

ANALYSIS: JMU Signals Possible Relief for Undervalued Microcaps Among Chinese Stocks

We see many stocks across multiple sectors significantly undervalued and a reversal of the negative trend in place since 2015 for many Chinese stocks.

ANALYSIS: Futu Holdings To Raise $152.5 Million In Revised IPO

ANALYSIS: Futu Holdings To Raise $152.5 Million In Revised IPO

Futu Holdings has revised its U.S. IPO by reducing the ADSs sold to public investors and selling shares to private equity firm General Atlantic Singapore FT.

ANALYSIS: Asia Times U.S. IPO Is Richly Valued

ANALYSIS: Asia Times U.S. IPO Is Richly Valued

Asia Times has filed for a small, "best efforts" U.S. IPO. The tiny firm is profitable and growing, but the IPO is pricey.

ANALYSIS: The Curious Case of Yangtze River Port and Logistics

ANALYSIS: The Curious Case of Yangtze River Port and Logistics

After two successive drubbings,Yangtze River Port and Logistics had enough and filed suit against Hindenburg Research and will take their complaints to a judge.

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NEWSFEED ASIA

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EDITOR'S PICKS
Luckin Coffee Chairman Is Seeking $200 Million Bank Loan Before IPO Tied to Company Shares

Luckin Coffee Chairman Is Seeking $200 Million Bank Loan Before IPO Tied to Company Shares

Just a few months before a planned IPO, Luckin’s chairman and investor, is seeking to borrow $200 million from an investment bank, backed primarily by his own Luckin shares.

Traditional Chinese Health Supplement Maker, Happiness Biotech, Seeks $10 Million IPO

Traditional Chinese Health Supplement Maker, Happiness Biotech, Seeks $10 Million IPO

Based in Fujian province, Happiness said it was proposing to sell 750 ordinary shares on the Nasdaq Capital Market under the ticker symbol “HAPP.”

Alibaba.com Forms Partnership with Office Depot Targeting U.S. Small Businesses

Alibaba.com Forms Partnership with Office Depot Targeting U.S. Small Businesses

The two companies said they would first work to introduce small businesses in the U.S. to Alibaba.com, Alibaba’s business-to-business (B2B) marketplace.

AR Game Developer Blue Hat Seeks $18 Million IPO in New York

AR Game Developer Blue Hat Seeks $18 Million IPO in New York

The Xiamen-based game operator, which uses augmented reality, reported revenue of $9.6 million and income of $3.3 million for the first nine months of last year.

Online Brokerage Firm Futu Prices Nasdaq IPO at $131 Million

Online Brokerage Firm Futu Prices Nasdaq IPO at $131 Million

The fully digitized brokerage platform is backed by Chinese tech and gaming giant Tencent and Sequoia Capital.

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