After a Stellar 2020, New Growth Catalysts Emerge for Dada Nexus
Resulting from its Nasdaq IPO in June and follow-on offering in December, the JD.com-affiliated O2O company found itself with sufficient cash on hand to keep expanding in the ample Chinese market.
Mar 14, 2021 04:28 PM
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Trip.com's New Start – a Second IPO on HKEX
Since the Hong Kong Exchange (HKEX) relaxed its rules and uncertainties began to grow in the Sino-American relationship, a number of China concept stocks have chosen to both remain in the US and start second IPOs in Hong Kong. Trip.com recently became one of them.
Updated 12 hours ago
Meituan and Ele.me Lose Lawsuits Due to Unfair Competition, Catering Businesses Benefit
On April 14, the Huaian People's Court of Jiangsu Province made a judgment that Beijing Sankuai Technology Co., Ltd. (Meituan) should compensate CNY 352,000 to Shanghai Lazasi Information Technology Co., Ltd. (Ele.me). Meanwhile, Ele.me was also ordered to pay fines to Meituan for the same reason.
Apr 14, 2021 09:09 PM
Ctrip's Second Listing in Hong Kong: Raising More Than USD 1 Billion
On the evening of April 6, the website of the Hong Kong Stock Exchange posted the announcement after a hearing led to the company's listing in Hong Kong being officially approved. After the success of this listing, Ctrip will become the first online travel company in the world to list in the United States and Hong Kong at the same time.
Apr 07, 2021 05:53 PM