Popular Chinese concept stocks rose by more than 7%
Popular Chinese concept stocks generally rose, pinduoduo rose by more than 7%, boss direct employment rose by 5.83%, fogcore technology rose by nearly 5%, and shell and Wanguo data rose by nearly 4%.
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Consumer Staples
PDD: Turning Stable Growth Stage, Agricultural Strategy Starts to Bear Fruits
PDD’s revenue reached CNY 23.8 billion in Q1 2022 with transaction services revenue surging 91% YoY. Owing to China's product trade and unique political environment, we believe the agriculture tech market, though extremely difficult, has great potential. Its Commission revenue in Q1 nearly doubled owing to product sales, testifying to the potential of the agricultural strategy.
Jun 03, 2022 11:54 AM
Briefing Jun 18, 2022 02:53 PM
· Consumer Staples
Battle report of pinduoduo 618: Sales of household appliances, daily chemicals and beauty cosmetics all doubled
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The popular Chinese stocks in the US stock market fell before the market, and Alibaba fell nearly 5%
Most of the popular Chinese stocks rose before the US market, and the B station rose by more than 7%
Briefing Jun 07, 2022 09:05 PM
Shanghai Municipal Bureau of human resources and social security: international students from the world's top 50 universities can directly settle in Shanghai
Communication
GDS Announces Private Placement of US$620 Million 0.25% Convertible Senior Notes Due 2029
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated.
Feb 22, 2022 08:29 AM
Consumer Staples · Analysis
Pinduoduo: A Buy-the-Dip Opportunity?
Pinduoduo has grown into one of the largest e-commerce players in a short amount of time, rising past Alibaba in terms of annual active buyers while seeing revenues nearly double this year. Positioning within an agriculture niche provides a moat against competitive threats from other leading e-commerce marketplaces, while still paving the way for strong revenue growth in the upcoming years.
Mar 22, 2021 06:14 PM
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Successful Multinational Corporations in China Series: Qualcomm China
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EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.