Bitauto reported revenue of $169.1 million in the fourth quarter, and expects an increase of 13.8 percent to 16.1 percent year-over-year in the first quarter of 2019.
Up Fintech plans to trade on the Nasdaq Global Select Market under the symbol "TIGR."
Tencent Music said the net loss was mostly due to a one-off $221 million share-based accounting charge related to the company's equity issuance to Warner Music Group and Sony Music Entertainment.
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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.
We see many stocks across multiple sectors significantly undervalued and a reversal of the negative trend in place since 2015 for many Chinese stocks.
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.
Asia Times has filed for a small, "best efforts" U.S. IPO. The tiny firm is profitable and growing, but the IPO is pricey.
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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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.
Based in Fujian province, Happiness said it was proposing to sell 750 ordinary shares on the Nasdaq Capital Market under the ticker symbol “HAPP.”
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.
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.
The fully digitized brokerage platform is backed by Chinese tech and gaming giant Tencent and Sequoia Capital.