large company
Faster plans to submit application to list in Hong Kong as early as next week, according to news report.
According to IFR, a Reuters-owned media outlet, people with knowledge of the matter said that Faster plans to file for a Hong Kong IPO as early as next week.
Ant Group will close its Hong Kong IPO bid early on Wednesday
36 Krypton has learned that the institutional portion of Ant Group’s H-share offering will close at 5 p.m. on Wednesday (28) due to an overwhelming application. This is 2 days earlier than originally planned, once again setting a record for the Hong Kong stock.
News that Samsung received a license from the U.S. Department of Commerce can supply Huawei with OLED screen category
According to media reports, Samsung Display has received a license from the U.S. Department of Commerce to supply Huawei. The category for which Samsung received a license from the U.S. Department of Commerce is OLED screens. (Caixin)
ACH Motors plans to land on the CRE Board in the second half of 2021
The company is preparing to land on the board related matters, and plans to achieve an IPO in the second half of 2021.AIC co-founder and president Fu Qiang confirmed the news and further said, “The sponsor has been initially available, and the contract has not been signed yet, it will depend on the finalization of the direct investment.” (Caixin)
Tencent’s share price hit a new high of HK$578.5 in the trading session
36 Krypton has learned that Tencent’s share price hit an all-time high of HK$578.5 during trading.
AMD agrees to buy Xilinx in $35 billion all-stock deal
AMD agreed to acquire Xilinx (XILINX) in a $35 billion all-stock deal, according to Bloomberg.
India shipped about 50 million smartphones in Q3, Xiaomi continues to top the list
According to third-party firm Canalys, India’s smartphone shipments reached an all-time high of around 50 million units in the third quarter. Xiaomi continued to top the list with 13.1 million units, with a market share of 26.1 percent, up 9 percent year-on-year. Samsung followed with 10.2 million units shipped, up 7% year-on-year; ranked third to fifth, respectively, Vivo, Realme and OPPO, shipments rose. (Tencent First Line)
iPhone 12 adds 2 million units to order due to brisk sales
Word is coming out from the iPhone chain that the iPhone 12 has added orders due to brisk sales. Industry insiders have confirmed that the iPhone 12 is now adding orders for 2 million units. Cinda Securities expects Apple’s supply chain order in the fourth quarter of this year at 80 to 85 million units, and sales are expected to reach 230 to 240 million units in 2021. (Shanghai Securities News)
Huada Gene: Net profit of 2.705 billion yuan in the first three quarters, up 901.68% year-on-year
36 Krypton has learned that Huada Gene released its quarterly report, saying that net profit for the first three quarters was 2.705 billion yuan, up 901.68% year-on-year. Net profit for the third quarter was 1.054 billion yuan, up 1361.54%; operating income was 2.644.3 million yuan, up 238.61% year-on-year.
Jingdong Retail CEO Xu Lei, Ctrip Liang Jianzhang to join forces for first live broadcast
36 Krypton learned that on October 28 at 8 p.m., Xu Lei, CEO of Jingdong Retail Group, and Liang Jianzhang, co-founder and chairman of the board of directors of Ctrip Group, will respectively transform into the classic characters of Western travel to help “Ctrip’s 21st anniversary of the summit hot broadcast day”, to share travel experiences and live travel products.
SpaceX plans first commercial manned spaceflight mission on next month 14
Locally on Monday NASA announced that SpaceX plans to send four astronauts to the International Space Station on a manned space mission called Crew-1 on November 14 with a manned Dragon spacecraft.Crew-1 will be SpaceX’s first commercial astronaut program and the second manned mission with a Dragon spacecraft.SpaceX’s Falcon 9 rocket will Launched at 7:49 p.m. EST on Nov. 14 from NASA’s Kennedy Space Center in Florida. (NETWORK)
Tesla to start exporting about 7,000 Chinese-made Model 3s to Europe
Tesla will start shipping Chinese-made Model 3s to Europe on Tuesday, with about 7,000 units expected to arrive at Belgian ports by the end of next month for sale to dozens of countries, including Germany, France, Italy, the Netherlands, Portugal, Switzerland and Sweden. This is Tesla’s first time exporting cars from a Chinese factory. Zhu Xiaotong, Tesla’s head of China, said the Model 3s heading to Europe have the same battery life as its standard-spec Chinese market models. He said the cars have passed all certification requirements for the European market. (CHIEF BUSINESS)
new product
Ant Group: microfinance to launch term loans and other products
Huang Hao, president of Ant Group’s digital finance business group, said MicroLoan will launch products with different interest rates and term combinations, including term loans, according to different scenarios and differentiated customer needs. (First Financial)
Ali Health launches first online drug buying fidelity mechanism
In 2020 Tmall Double Eleven, Alibaba.com launched the first online drug authentication mechanism: consumers who buy drugs with “small blue heart” mark on Tmall will be able to trace the source of the drugs through Taobao and Alipay by scanning the code, and at the same time, they will be given a “false one gets ten percent compensation”. Genuine Insurance. (CNSNews.com)
Facebook adds free cloud gaming feature to its platform
Facebook on Monday launched a cloud gaming feature on its social media platform that allows users to play games such as “Rampage 9: Legends of Racing” and “WWE: Supercard” for free by streaming them without downloading them. Facebook said the feature will now be available to Android and web users, while it is looking at Apple iOS platform Launch an alternative to this feature. (Sina Tech)
investment and financing
“SiMou Technology Raises Over $100 Million in Series A Financing to Become a Quasi-Unicorn AI Company
36 Krypton has learned that Simmou Technology has completed its Series A round of financing, amounting to more than $100 million, with new investors including Songhe Capital, Sequoia Capital China Fund, Cornerstone Capital, and Wenxia Investment. In June of this year, Simou Technology announced that it had received tens of millions of dollars in Pre-A round of financing, including Lenovo Venture Capital, IDG Capital and True Partner Fund, all of which continue to raise investment in this round. SiMou Technology Co-founder and CEO, Xiaoyong Shen, said the funds will be used to continue to increase R&D investment in smart manufacturing and ultra-high-definition video circuit, recruit more top talent at home and abroad, and accelerate global business layout.
Fruit tea chain brand “7 points sweet” completed 150 million yuan of Series A round of financing
36 Krypton learned, fruit tea chain brand “7 points sweet” in the recently completed 150 million yuan round of financing, led by Shunwei Capital, inward fund follow investment, Mu Mian Capital as financial adviser. 7 points sweet from the “cup dessert” angle cut into the fruit drink In the market, most of the products are priced between $15 and $25 per cup. The brand currently has more than 800 offline stores, mainly concentrated in Shanghai, Jiangsu and other East China regions. The current round of financing will be used mainly for store expansion, supply chain and store digital upgrade, as well as brand promotion.
Tencent made a strategic investment of 200 million yuan in Internet parking platform “PP Parking”.
36 Krypton has learned that the Internet parking platform “PP Parking” received a strategic investment of 200 million yuan from Tencent Group. Previously, the company had received 10 million yuan of Series A financing from the Synergy Innovation Fund in 2015. “PP Parking” is an Internet platform based on SaaS services to empower the traditional parking equipment industry. After the completion of the investment, Zhong Xuedan, vice president of Tencent Travel, will take up the position of director of “PP Parking”.
“Community cat AI pick-up and drop-off” won millions of seed round investment
36 Krypton was informed that “Community Cat AI Pickup & Dropoff”, which focuses on solving the safety problems of picking up and dropping off children, announced that it has completed a multi-million seed round of investment. The financing will be used to develop and upgrade the extended functions of the community cat AI pick-up and drop-off, and establish a sound nationwide community cat AI pick-up and drop-off application network. According to the company’s development plan, by the end of 2020, there will be tens of thousands of child care institutions operating on the ground with AI pick-up and drop-off service for 50 million children in kindergartens nationwide.
Fosun Pharma’s India’s Gland Pharma plans up to $900 million IPO next month
Bloomberg quoted Reuters’ IFR as saying that Gland Pharma, Fosun’s Indian subsidiary, plans a larger-than-expected $800 million to $900 million IPO in the first half of November, following regulatory approval last week.
AI visual creation brand “Versa” announces tens of millions of dollars in Series B funding
36 Krypton learned that “Versa” recently announced that it had raised tens of millions of dollars in Series B funding, led by B Station and followed by Gemplus.
Other Important News
CSRC: The merger of the main board of the Shenzhen Stock Exchange with the SME board is on the agenda
According to SFC regulators, the merger of the Shenzhen Stock Exchange’s main board with the small and medium-sized board is on the agenda. (First Financial)
China Settlement: 1.5413 million new investors in September, down 14.14% QoQ
The number of new investors in September was 1,541,300, down 14.14% from the previous month and up 60.09% year-on-year, according to China Settlement data, ending with 173,550,900 investors. (Securities Times)
National Bureau of Statistics: total profits of industrial enterprises above designated size in January-September down 2.4% year-on-year
36 Krypton learned that, according to the National Bureau of Statistics, in September, industrial enterprises above designated size achieved total profits of 646.43 billion yuan, an increase of 10.1% year-on-year, a growth rate of 9.0 percentage points lower than in August; from January to September, the national industrial enterprises above designated size achieved total profits of 436.50 billion yuan, down 2.4% year-on-year, a decline of 2.0 percentage points narrower than in January to August.
Shenzhen Stock Exchange urges Yudan Diamond to reply to inquiry letter, or will take measures to implement other risk warnings
On October 27, the Shenzhen Stock Exchange issued a letter of concern to Yu Diamond. The Shenzhen Stock Exchange pointed out that it had sent letters to the Company on September 1 and 14 requesting the Company to explain relevant issues, but the Company did not reply. If the company still did not reply to the inquiry before November 27th or the relevant situation has not been eliminated, the Shenzhen Stock Exchange will implement other risk warnings and related suspension and resumption of trading processing of the company’s shares.
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