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Zhongchao Inc. is a China-based healthcare information, education, training & services provider. Floated in February 2020, the 3 million share-offering raised circa $12M. Since then, the stock has tanked losing about 60% of its value. The Chinese government’s crackd...
To the dismay of well-meaning commentators advising against investments in Chinese stocks, investors continued to pile into them, enabling their sustained rally from the August trough. Market players could have been comforted by a series of supportive messaging by Beijing regarding fo...
Tencent-backed Chinese podcast platform Ximalaya (XIMA) will reportedly file for a Hong Kong IPO next week, just days after canceling plans to join the New York Stock Exchange amid Beijing’s crackdown on the Asian nation’s companies listing in America. Reuters quoted unnamed sou...
BYD's Q2 EPS report was weaker than I would have expected as cost-of-sales grew more than revenue and margins sell due to changes in product mix. However, the August EV sales report was excellent: new energy vehicle sales were up 194% yoy. BYD now commands 16% of the China market, up ...
CWEB provides leveraged exposure to a swathe of Chinese Internet names. Its synthetic make-up is comprised of information technology, software, IT services & application software. The ETF is, to some degree, a leveraged version of the more widely known KWEB. With China's a...
Gainers: RLX Technology (NYSE:RLX) +17%. Salem Media Group (NASDAQ:SALM) +14%. LightInTheBox Holding (NYSE:LITB) +10%. TAL Education Group (NYSE:TAL) +9%. Losers: Sequential Brands Group (NASDAQ:SQBG) -16%. AEye (NASDAQ:LIDR) -12%. Faraday Future Intelligent (NASDAQ:FFIE) -11%. Brig...
Chinese stocks are in the spotlight of many investors right now. While the US tech giants are rushing from record to record, Chinese competitors have literally crashed in recent months. The ongoing activities by the Chinese government and authorities as well as the associated reg...
Certain sub-sectors within Chinese Internet appear to be forming a longer-term bottom. Companies (such as Tencent) that were first to respond to China's Common Prosperity plans are likely to be viewed more favorably. I am cautiously optimistic that we have arrived at a long-term b...
Chinese stocks are cheaper than they've been in quite some time. But maybe these discounts aren't big enough to compensate for the risk of a government that doesn't care about markets. I don't know if Xi is really hostile to financial markets, but I don't want to stick around to f...
The only hard-and-fast rule in China is that the primacy of the Communist Party in all facets of social and economic life cannot be challenged. Jack Ma of Alibaba walked over that line and triggered a series of regulatory crackdowns aimed at reasserting Party primacy. The Chinese ...
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Q2 production average of 18,290 bopd Exit June 2024 with total cash of $96 million Well 19H achieves initial production rates over 8,500 bopd PetroTal has now produced over 20 million barrels of oil since inception Calgary, Alberta and Houston, Texas--(Newsfile Corp. - July 11, 2024) - Pe...
TAL Education Group to Announce First Quarter of Fiscal Year 2025 Financial Results on August 1, 2024 PR Newswire BEIJING , July 3, 2024 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China , t...