FAST NEWS: Tencent reduces Keep Inc. holdings
The Latest: Internet giant Tencent Holdings (0700.HK) disclosed it sold 6.14 million shares of online fitness platform Keep Inc. (3650.HK) on May 2, lower its stake from 5.45% to 4.28%, according…
CHINA BULLETIN: China-U.S. Rapprochement Continues with Xi-Biden Call, Yellen Visit
In this week’s issue Xi and Biden talk, car loans get easier and a major EV listing restarts. On a scale of 1 to 100, we give the week a…
FAST NEWS: Keep Inc. IPO gets green light, but fundraising shrinks
The latest: Online fitness platform Keep Inc. has passed its listing hearing and has the chance to become the “No. 1 sports technology stock” in Hong Kong, according to a…
Fitness Platform ‘Keep’ Still in Training as It Files for Hong Kong IPO
The company has lost $860 million over the last three years, but may be making an IPO now under pressure from early investors eager to cash out Key takeaways: Eight…