April 19, 2017: NXP Semiconductors announced that it will further its collaboration with AF Payments Inc., the company behind the contactless payment cards, beep™ cards in the Philippines, to add micropayment capabilities. The popular cards commonly used for transport ticketing in the Manila Light Rail Transit System Line 1 and 2, Manila Metro Train Transit (Read More….)
April 10, 2017: Sell Tarena International for a 26% win in 69 days and congrats if you made money on the trade.
December 15, 2016: CCB International initiates coverage of Tarena International with a Buy rating.
November 21, 2016: Tarena International reports Q3 EPS of $0.34 adj versus the $0.25 estimate year over year. Revenue (Read More….)
A recent study found no evidence that RMB fixings are linked to the currency basket (CFETS) announced by Beijing in 2015. In fact, the RMB volatility against the CFETS has been higher than against the US dollar. FastFT writes…
With the 2015 policy change and the subsequent publication of the CFETS currency basket, China has (Read More….)
June 17, 2016: Reportedly Apple iPhones were found to have violated Chinese rival’s parent LOL. That’s rich folks. The king of patent rip-offs China, who allowed fake iPhones to be sold for years, is now accusing Apple of violating China patents. So much for big-cheese Tim Cook’s visit to China recently.
iPhone 6 (Read More….)
June 17, 2016: iKang reportedly receives $20 per ADR offer from China Life (Yunfeng’s offer is $20-25/ADS).
Last August, a group led by Ligang Zhang, iKang’s founder, chairman and CEO submitted an initial going-private offer valued at $17.80/shr. Last November, it received a competing going-private offer from a group led by Jiangsu Sanyou (Read More….)