FAST NEWS: J&T’s loss narrows on strong Southeast Asia business
The latest: Logistics provider J&T Global Express Ltd. (1519.HK) announced Friday its non-GAAP adjusted loss last year narrowed 71% to 432 million yuan ($60 million). Looking up: J&T‘s revenue grew 21.8%…
GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
The dilemma of the China-shedding strategy
Global investment giants face a risky balancing act as they create separate Asian operations to clearly delineate their China exposure from the rest of Asia By Ivy Yang Following…
Cash-Strapped Cryofocus Medtech Scrambles to Raise Funds With IPO
With only 128 million yuan in cash left in its coffers, the maker of innovative medical devices is desperate to secure fresh capital with a second stab at a Hong…
Xtep Revenue Leaps to Record on China’s New Long Run to Sports
The running shoe maker aims to more than double its revenue over the next five years, banking on strong government support for sports and physical fitness Key Takeaways: Xtep’s revenue…
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