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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Golden Bull Regains Nasdaq Compliance, Completes USD 2.6 Mln Financing
Golden Bull, 5/15/20
China's Golden Bull (Nasdaq: DNJR), which previously announced a pivot from P2P online lending to car rental and bitcoin mining businesses, announced today that it received a written notification from the Nasdaq Stock Market Listing Qualifications Staff indicating that the company had regained compliance with the USD 1.00 minimum closing bid price requirement for continued listing on the Nasdaq Stock Market and the matter is now closed. Read More
TPV to Delist from HKSE Tomorrow
TPV, 11/13/19
Hong Kong-based display and TV vendor TPV Technology (0903.HK), which is being taken private by CEIEC (H.K.) Limited, has announced in a stock exchange filing that it expects that the listing of TPV's shares on the Hong Kong Stock Exchange will be withdrawn with effect from 4:00 p.m. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
China Fiber Optic Network System Group to Be Delisted from HKSE
Hong Kong Exchanges and Clearing, 2/13/19
The listing of the shares of Chinese fiber optic patch cords manufacturer China Fiber Optic (3777.HK) on the Hong Kong Stock Exchange will be cancelled with effect from 9:00 am tomorrow (February 14, 2019), announded the Hong Kong Exchanges and Clearing today. Read More
ASMC to Delist from HKSE on January 25, 2019
ASMC, 11/27/18
Chinese semiconductor manufacturer Advanced Semiconductor Manufacturing Corporation (ASMC) (3355.HK), which is being taken private through merger with and absorption by Shanghai-based GTA Semiconductor, has announced that it expects ASMC's shares to withdraw their listing from the Hong Kong Stock Exchange at 9:00 a.m. Read More
Professional SNS App Maimai Completes USD 200 Mln Series D
36Kr.com, 8/21/18
Professional SNS app Maimai, operated by Beijing-based Taoyou Tianxia Technology Development, has completed USD 200 mln in Series D funding led by DST Global and with participation from previous investors IDG Capital Partners, Morningside Ventures, and DCM Ventures. Read More
Alipay, Taobao Testing Group Buy Function to Rival Pinduoduo
Cnstock.com, 8/07/18
Chinese third-party payment processor Alipay and Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently partnered to launch a new group buying function, which can now be accessed through a link at the bottom of the Alipay main page. Read More
Rumor: Bitcoin Mining Chip Maker Bitmain Lands USD 1 Bln Funding
Sina Tech, 7/16/18
Beijing-based Bitcoin mining hardware maker Bitmain Technologies is reportedly in the process of raising USD 1 bln in new funding and funds are expected to be in place by the end of July, according to IT media outlet TouchWeb. Read More
Update: Online Real Estate Trading Platform Fangdd Prepares to IPO Next Year
Sina.com, 6/29/18
Shenzhen-based Fangduoduo Network, operator of online real estate trading platform Fangdd.com, will submit filings on September 28 for an IPO on the Hong Kong Stock Exchange in early 2019. Read More
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