财新传媒
2017年11月06日 10:36

IPOs: Hexindai Jumps in Trading Debut, as Fintechs Stay Warm

IPOs: Hexindai Jumps in Trading Debut, as Fintechs Stay Warm

Bottom line: The wave of strong sentiment for new offshore IPOs by Chinese companies is running out of steam, but listings before year-end could still get a slight left, especially fintechs.

Hexindai jumps on trading debut

Fintech is hot, and just about everything else is not. That appears to be the message with the latest offshore IPO by a Chinese firm, this time from Hex...

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2017年11月03日 10:47

SMARTPHONES: Apple Finds Its China Mojo as Xiaomi Moves Up

SMARTPHONES: Apple Finds Its China Mojo as Xiaomi Moves Up

Bottom line: Apple should be able to extend its return to growth in China into at least one more quarter, while Xiaomi should also be able to continue posting strong double-digit growth for the next year.

Apple returns to China growth

Apple (Nasdaq: AAPL) has just released its latest quarterly results that show China is back on a growth track, quieting skeptics who had sai...

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2017年11月02日 09:57

NEW ENERGY: Tesla Takes Its Time With China Plant

NEW ENERGY: Tesla Takes Its Time With China Plant

Bottom line: Tesla's announcement that its China plant is three years away puts a clear and realistic timeline on its intentions, which include strong growth in the market banking on supportive policies by Beijing.

Tesla gets realistic about China car production

Anyone who was hoping that electric car superstar Tesla (Nasdaq: TSLA) would start cranking out its products in ...

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2017年11月01日 10:09

MULTINATIONALS: Whatsapp Bows, Microsoft Visits, Google Plays

MULTINATIONALS: Whatsapp Bows, Microsoft Visits, Google Plays

Bottom line: Whatsapp has likely been permanently blocked in China, while Satya Nadella's visit to Xiaomi underscores Microsoft's growing ties  with the company, and Google's China AI push is mostly PR.

Whatsapp booted from China?

A couple of the big high-tech multinationals are in the headlines as we head into the next-to-last month of the year, which seems like a good op...

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2017年10月26日 10:34

STOCKS: Weibo Drops on Outlook, as New IPO Stocks Tank

STOCKS: Weibo Drops on Outlook, as New IPO Stocks Tank

Bottom line: Big drops for three China concept stocks recently listed in New York, combined with a pullback for social networking giant Weibo, indicate a recent round of China stock euphoria may have crested.

Secoo continues to drop

Wednesday could go down as a watershed for newly listed China stocks in New York, which posted one of their worst days since a new wave of IPO...

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2017年10月25日 10:23

INTERNET: Shares Rides See Merger, Fund-Raising, Shutdown

INTERNET: Shares Rides See Merger, Fund-Raising, Shutdown

Bottom line: A merged company combining Youon and Haluo could emerge as a strong regional shared bike company, while Shouqi could likewise emerge as a strong regional player in the private car services space.

Shouqi raises new money

China's shared ride space has been on a turbulent ride of its own this past year, as billions of investor dollars flooded into a sector with b...

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2017年10月23日 10:54

IPOs: Rise Education Rises in Debut, Jianpu and iClick Join the Queue

IPOs: Rise Education Rises in Debut, Jianpu and iClick Join the Queue

Bottom line: The strong debut for Rise Education reflects good investor appetite for new China concept stocks in New York, which should bode well for a new listing by Jianpu and could also buoy iClick.

Jianpu, iClick file for NY listings

The IPO floodgates are opening wider following the hugely successful listings of microlender Qudian (NYSE: QD) in New York last week and ...

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2017年10月19日 10:36

SMARTPHONES: Coolpad Finds New Suitor, As LeEco Retreats

SMARTPHONES: Coolpad Finds New Suitor, As LeEco Retreats

Bottom line: LeEco is likely to sell its stake in Coolpad in the next six months, and new investor Centralcon could emerge as the buyer with a goal of trying to turn the company around.

Coolpad finds new suitor

A potential white knight has stepped forward to provide some funds for struggling smartphone maker Coolpad (HKEx: 2369), in a fresh sign that controlling stakeholde...

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2017年10月18日 10:28

SMARTPHONES: ZTE Sees Double with New Smartphone

SMARTPHONES: ZTE Sees Double with New Smartphone

Bottom line: ZTE's new dual-screen smartphone will turn some heads and raise the company's profile briefly due to the novelty factor, but the effect will quickly fade due to lack of practical uses.

ZTE tries two screens

You can't blame 'em for trying. That's the first thing that came to mind when I saw the announcement and some photos of a new foldable ZTE (HKEx: 763; Shen...

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2017年10月16日 10:28

IPOs: Floodgates Open With Tencent, Sohu, Bona, Fintech Listings

IPOs: Floodgates Open With Tencent, Sohu, Bona, Fintech Listings

Bottom line: A periodic window of IPOs that opens every 2-3 years is taking shape, with fintechs and other new categories like online literature likely to do well, while older concepts  like e-commerce could struggle for attention.

New window opens for Chinese IPOs

My long-predicted IPO floodgate has finally burst, with no less than four major offerings in the headlines as...

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2017年10月11日 10:16

INTERNET: Battle Rages for Sina Board Seat

INTERNET: Battle Rages for Sina Board Seat

Bottom line: A dissident shareholder's proxy battle for a seat on Sina's board stands a chance of success, but the odds are probably 40 percent or lower due to large holdings by Sina's CEO.

Sina board seat lands at center of proxy fight

One of the more lively investor plays to shake up an insular US-listed Chinese company is taking place at Internet stalwart Sina (Nasdaq: ...

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2017年10月10日 10:11

IPOs: Tencent Literature IPO Nears Take-Off, But Will It Read?

IPOs: Tencent Literature IPO Nears Take-Off, But Will It Read?

Bottom line: China Reading's IPO should be well received when it launches its road show as soon next week, and the shares should price and debut strongly on its good profit margins and growth prospects.

China Reading set to launch IPO road show

Another hot IPO with ties to one of China's leading Internet firms is nearing the starting line, with word that the highly anticip...

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2017年10月09日 10:28

PCs: Lenovo Taps Top Managers for Funds, Goes Retro

PCs: Lenovo Taps Top Managers for Funds, Goes Retro

Bottom line: Lenovo's new fund raising and roll-out of a retro commemorative ThinkPad 25th anniversary model show the company is focused on short-term fixes rather than the shock therapy it really needs. 

Lenovo celebrates 25 years of ThinkPad

With the October 1 Golden Week holiday now in the rear view mirror, we'll jump back into the latest tech trends with a look at PC g...

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2017年09月29日 10:21

IPOs: ZhongAn Pops in Trading Debut, But Does It Have Legs?

IPOs: ZhongAn Pops in Trading Debut, But Does It Have Legs?

Bottom line: ZhongAn should perform reasonably well over the short- to medium-term by drawing on its big-name investors for business, but faces uncertainty due to an untested business model.

ZhongAn banks on online insurance

There's not a ton to say about the year's first blockbuster IPO from the fintech realm, since it really went pretty much according to plan. I'm talkin...

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2017年09月27日 10:24

FINANCE: Alipay Chases HK Consumers in JV with Local Tycoon

FINANCE: Alipay Chases HK Consumers in JV with Local Tycoon

Bottom line: Alipay's joint venture with Li Ka-shing targeting local Hong Kong customers looks like a shrewd approach in its first major foray of that kind, though it will face skepticism about its ability to protect user privacy.

Alipay turns up HK drive with new JV

After dancing around the globe for the last few years without too much to show for its efforts, Ant Financi...

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2017年09月26日 10:17

NEW ENERGY: ReneSola, Canadian Solar Focus on Plant-Building as New US Tariffs Loom

NEW ENERGY: ReneSola, Canadian Solar Focus on Plant-Building as New US Tariffs Loom

Bottom line: Diversification moves away from manufacturing by Canadian Solar and ReneSola could bring more stability to the companies, while panel makers are likely to take a big hit from new US anti-dumping measures.

ReneSola, Canadian Solar in new diversification moves

A trio of solar energy stories are in the headlines that underscore difficulties panel makers are facin...

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2017年09月25日 10:19

IPOs: Biotech Listing Pops, E-Commerce Flops, Fintech to Come

IPOs: Biotech Listing Pops, E-Commerce Flops, Fintech to Come

Bottom line: A flurry of IPOs for offshore Chinese tech firms marks the start of an upcycle following a three year lull, with fintechs likely to be the top stars.

Secoo fizzles in trading debut

After a relatively boring first eight months of the year, the IPO market has suddenly come to life with a flurry of offerings that are turning in a mixed performance. E-commerce see...

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2017年09月22日 10:18

SMARTPHONES: HTC Ties Up With Google, Or Does It?

SMARTPHONES: HTC Ties Up With Google, Or Does It?

Bottom line: Google's purchase of HTC's Pixel assets is a sign of no confidence in HTC's chances of longer-term survival as an independent smartphone maker.

Google's HTC purchase: reason for optimism or pessimism

Everyone is giving their two cents about the big new tie-up between Taiwan smartphone maker HTC (Taipei: 2498) and Google (Nasdaq: GOOG), so I figured I'd weigh i...

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2017年09月20日 10:32

IPOs: Fintech Hot, Logistics Not in New Listings for Qudian, Best

IPOs: Fintech Hot, Logistics Not in New Listings for Qudian, Best

Bottom line: ZhongAn's and Qudian's IPOs are likely to price and debut strongly over the next few weeks on excitement about China fintech, while Best's will debut to indifference following the slashing of its size.

ZhongAn, Qudian IPOs look hot

Three companies likely to list in New York and Hong Kong by the end of this month are setting the tone for what's set to be a busy...

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2017年09月18日 10:54

M&A: Cowen, MoneyGram Deals Wait for US Nod, Xinhua Lectures Trump

M&A: Cowen, MoneyGram Deals Wait for US Nod, Xinhua Lectures Trump

Bottom line: The US could veto the purchase of brokerage Cowen by a Chinese energy firm, and could also block Ant Financial's purchase of MoneyGram under tougher scrutiny by the Donald Trump administration.

US set to block more Chinese purchases?

Just days after President Donald Trump made his first veto of a Chinese deal in the US, two other deals appear to be running int...

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