The large operator has built more than 50% of the 5G base stations in the world. In July 2021, China Mobile announced that the power consumption of the 5G base station had been reduced to a figure amounting to about three times that of the 4G base stations, about 1900W. The energy consumption of a single station was more than four times that of a 4G station in...
5G devices' sales in China are growing fast. On July 6, market research firm Strategy Analytics reported that Chinese brands including OPPO, vivo and Xiaomi have reached a staggering number of sales – around USD 15 billion – in Q1 2021, twice that of LTE in the same period. Data shows that Chinese smartphone manufacturers are rapidly transforming from 4G to 5G....
The NYSE-listed company registered for an IPO on the Star Market at the end of May 2021. ● Daqo New Energy's profitability has been relatively unstable over recent years, while its sales have been increasing. ● To improve its competitiveness, the company decided to lower expenses and enhance product quality. ● External opportunities will exert a positive effect...
China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft, Youzan and Weimob. Server device In China, public cloud services have...
China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft, Youzan and Weimob. Server device In China, public cloud services have...
China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft, Youzan and Weimob. Server device In China, public cloud services have...
China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft, Youzan and Weimob. Server device In China, public cloud services have...
On the first day of listing, Nayuki (also known as Naixue's Tea) opened 4.75% lower than the issue price, at HKD 18.86, and the largest intraday drop expanded to 11%. As of press time, the total market value of Nayuki's Tea has fallen to HKD 30.34 billion from 32.3 billion. Nayuki's Tea has completed a total of five rounds of funding ahead of the IPO. On June...
The sharable power bank company has become a top player in just two years. ● Energy Monster went public in the US in April 2021. So far, investors have mostly been bearish about it. ● Along with the company's increasing revenue, its operating expense rate has been expanding as well. ● Despite challenges in the industry, the company's...
On June 29, online groceries e-commerce company Dingdong Maicai (DDL:NYSE) went public in New York after raising USD 96 million in an initial public offering, a dramatic cutback from the original projection of USD 357 million. Dingdong Maicai had initially planned to raise up to USD 357 million by selling 14 million ADSs, priced between USD 23.5 and USD 25.5. But...
In spite of the increasing marketing costs, the Chinese on-demand retail and delivery platform is showing signs of long-term business sustainability. China's Internet industry has lately been growing bigger in the investment realm, with a number of new names making it into the global limelight. Dada Nexus (DADA: NASDAQ), the country's up-and-coming on-demand...
Lexin's future prospects make its stock somewhat undervalued. ● Lexin has transformed from a peer-to-peer lending provider to an independent loan facilitator. ● In a few years, Lexin's profit-sharing mode will pivot to riskless and long-term growth as part of its pioneering role in the industry. ● As Lexin targets highly-educated young users, the company has...
Here's why IFBD is worth investors' attention. ● IFBD launched an IPO in April 2021. Though it surged over 50% on the first day, investors do not seem confident about the shares, since their price dropped to the initial level soon after. ● Impacted by COVID-19 and the loss of its largest client, the company has changed its revenue structure significantly. ●...
The unexpected outbreak of COVID-19 took countless people away from regular outdoor life activities. While staying locked down at home, people nonetheless kept busy – for some, this meant investing more in stocks. Under these circumstances and with governments' expansionary policies, some Internet securities brokers, like UP Fintech, realized significant...
Even though 360 DigiTech's share price has recently been growing, it still seems undervalued. ● The company has demonstrated unique technological capabilities and is poised for further development. ● It will benefit from the antitrust regulations that provide extensive market opportunities for niche fintech champions. ● It is expected to keep expanding its...
The food delivery giant Meituan recently released its earnings report for the first quarter of 2021,including details on various user acquisition tactics and plans for future development. In tech-savvy China, fundamental industries – food, health and education – have been rapidly evolving in the direction of online-based business models. The food delivery giant...
The company recovered to the pre-pandemic level, but not the same outlook in 2019. MINISO NYSE:MNSO Chinese variety brand retailer MINISO has released its Q3 F2021 financial report, indicating the company is back on its feet. In the first quarter of 2021, the company generated total revenue of CNY 2.22 billion, reporting an increase of 45% YoY that was mainly...