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STG - Mogu China Techs Learn Importance Of Profits
Sunlands Online Education Group American Depositary Shares representing Class A
Bottom line: Shares of recently listed loss-making Chinese tech firms like Mogu (MOGU) are likely to languish as long as they post losses, but could gain some new life if and when they can show sustained profits.
"Show me the profits." That seems to be the message coming from Wall Street these days to a group of profit-challenged Chinese tech companies whose shares are languishing following IPOs over the past year. We'll look at one such case involving online fashion site Mogu, which seems to typify the trend of shares that have tanked since their