Topic: American Depositary Receipts
China Techfaith 2nd-quarter profit climbs 62 percent with increased phone salesChina Techfaith Wireless Communication Technology Ltd. said Tuesday that its second-quarter profit climbed 62 percent as the Chinese cell phone designer's product sales rose. The Beijing-based company's American depositary shares rose 17 ...
Spreadtrum 2nd-quarter earnings beat Street forecasts, outlook also higher for next quarterSpreadtrum Communications Inc., a Chinese maker of chips for mobile devices, said Thursday it posted a second-quarter profit, reversing a loss, as revenue more than tripled. Net income in the three ...
Shares of China's Ambow Education rise in IPO debut after pricing at bottom of expected rangeShares of Ambow Education, which provides educational services in China, are rising after the company raised $106.8 million in its initial public offering. The Beijing company offered ...
LDK Solar adds $12.6 million to 4th-quarter 'doubtful recoveries'LDK Solar Co., which makes wafers for solar cells, said Wednesday it will need to account another $12.6 million for "doubtful recoveries," in the fourth quarter of 2009, that is, money it may not ...
Shares of Kingtone Wirelessinfo fall in trading debut after pricing at bottom of rangeShares of Chinese software company Kingtone Wirelessinfo Solution Holding Ltd. fell in their trading debut. The Chinese company priced 4 million American depository shares at $4 apiece, the bottom ...
Shares of solar product maker JinkoSolar dip in trading debut after pricing at bottom of rangeShares of solar products maker JinkoSolar Holding are slipping in their trading debut. The Chinese company opened at the initial public offering price of $11 for its ...
Vimpel Communications posts 4th-quarter profit, reversing lossRussian telecommunications company Vimpel Communications posted a fourth-quarter net profit Thursday, reversing a year-ago loss as it added new mobile and broadband subscribers. The company earned $283 million, or 27 cents per American Depositary share, up ...
KongZhong shares rise on quarterly profit jump and strong first-quarter revenue outlookShares of KongZhong Corp. jumped on Wednesday after the Chinese wireless entertainment company reported sharply higher fourth-quarter profit and revenue. The company also gave a strong first-quarter revenue outlook. U.S.-listed shares ...
WuXi posts a profit in the 4th quarter, but revenue outlook falls short of analyst estimatesWuXi PharmaTech Inc. late Monday said it shifted to a profit in the fourth quarter, compared with a year-ago period when the research and development outsourcing company ...
Ctrip.com prices offering of 5.7 million American Depositary Shares at $36 eachCtrip.com International Ltd., which sells travel services in China, on Thursday priced its offering of 5.7 million American depositary shares at $36 each, for expected gross proceeds of $205.2 million. The ...
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