Infrastructure/Resources - Bamboo Works - China stock insights for global investors

Next stop for Geely-backed CaoCao: a Hong Kong IPO

Wed, 08 May 2024 00:10:16 +0000

The ride-sharing company has built partnerships with third-party platforms to mount a concerted challenge to the market leader, but the strategy carries risks Key Takeaways: By Ken Lo One of China’s top three ride-hailing services, CaoCao Inc., has set a course for the Hong Kong stock market. The company is aiming to deliver the sector’s most significant IPO since passenger.....

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Tianqi Lithium stuns investors with deep drop into the red

Fri, 03 May 2024 04:11:27 +0000

Shares in the Chinese mining giant have plunged about 40% in the past year, as it grapples with falling lithium prices and uncertainties over a deal in Chile Key Takeaways: 　 By A. Au China’s leading lithium mining company dropped an earnings bombshell last week when it warned investors of a huge impending loss for.....

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Asia Cement hardens into loss column with no relief in sight

Mon, 29 Apr 2024 01:07:15 +0000

The company swung into the red in the first quarter as weak demand from China’s struggling property market pushed cement prices to fresh lows Key Takeaways: By Lau Chi Hang Asia Cement (China) Holdings Corp. (0743.HK) was rock solid back in 2019, pouring up a 3.15 billion yuan ($444 million) profit as it feasted on demand.....

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EHang seeks capital refueling as its self-flying vehicles inch toward grand takeoff

Wed, 24 Apr 2024 05:32:23 +0000

The maker of autonomous aerial vehicles is seeking to raise up to $100 million in a public offering of new shares Key Takeaways: By Warren Yang EHang Holdings Ltd. (EH.US) is getting set to refuel as it makes what appears to be a final taxiing move before taking flight. In a stock exchange filing.....

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Chow Tai Fook glitters as hedge against lower interest rates

Thu, 18 Apr 2024 07:42:33 +0000

China’s leading jewelry seller has benefited from spiking gold prices that reached an all-time high after Iran’s drone attack on Israel last week Key Takeaways: By Edith Terry In gold-crazy China, the showroom of Chow Tai Fook Jewelry Group Ltd. (1929.HK) in Hong Kong’s Central business district is a bit of fantasy land featuring.....

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To meme or not to meme: Shengfeng stock on roller coaster ride in its first year

Wed, 17 Apr 2024 03:23:29 +0000

The niche logistics company’s shares have swung widely since their public debut a little more than a year ago, but may have finally settled at a realistic level Key Takeaways: By Warren Yang One nice thing about niche logistics specialist Shengfeng Development Ltd. (SFWL.US) is its steady profit growth, something not many Chinese companies.....

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YTO International ships in new CEO as its revenue fails to deliver

Tue, 09 Apr 2024 00:32:56 +0000

Revenue at the international arm of one of China’s leading parcel delivery companies shrunk by nearly 30% last year on falling international freight prices and waning demand Key Takeaways: By Li Shih Ta Despite the gradual restoration of global supply chains post-pandemic, demand for international freight delivery services to and from China stayed sluggish last.....

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JST Group shows there’s still growth potential in China’s tough e-commerce market

Tue, 02 Apr 2024 23:32:47 +0000

The country’s largest provider of ERP software as a service for e-commerce has filed a second time to list in Hong Kong, reporting its revenue grew more than 30% last year Key Takeaways: By Li Shih Ta Who says there’s no big growth left in China’s fiercely competitive and rapidly maturing e-commerce sector? Not JST.....

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Why JL Mag came unstuck, but is getting back on track

Thu, 21 Mar 2024 08:00:47 +0000

The company is going through a difficult adjustment after a plunge in the price of neodymium, a key ingredient in the rare earth permanent magnets that are its core product Key Takeaways: By Edith Terry It may seem counterintuitive, but China’s ambition to keep its dominance in rare earth materials and technology may be.....

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Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?

Mon, 18 Mar 2024 00:21:18 +0000

The Chinese-owned, U.S.-based company has filed a second time to list in Hong Kong, aiming to become the exchange’s first aircraft manufacturing stock Key Takeaways: By Lau Chi Hang The Wright Brothers invention of airplanes in 1903 changed the course of transportation history by breaking geographical boundaries and greatly shortening distances between countries and.....

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GDS preparing to spin off its global business?

Tue, 12 Mar 2024 05:27:21 +0000

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: By Doug Young Will data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) become the next company to split off its global division from its original China.....

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Tuya’s losses narrow, but stock still looks pricey

Tue, 12 Mar 2024 02:04:13 +0000

The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways: By Bai Xinrui Internet of Things (IoT) platform as a service (PaaS) provider Tuya Inc. (TUYA.US; 2391.HK) had a good run last year when its shares.....

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