ADS

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Tuya Inc. (TUYA)

Retrieved on: 
Friday, August 19, 2022 - 6:00pm

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
  • On March 18, 2021, Tuya conducted its IPO, selling over 45 million ADSs at $21 per ADS.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of MINISO Group Holding Limited (MNSO) Investors

Retrieved on: 
Friday, August 19, 2022 - 4:25pm

MINISO investors have until October 17, 2022 to file a lead plaintiff motion.

Key Points: 
  • MINISO investors have until October 17, 2022 to file a lead plaintiff motion.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On October 15, 2020, MINISO conducted its IPO, issuing approximately 30.4 million American Depositary Shares (ADSs) at $20.00 per ADS.
  • On this news, MINISOs ADS price fell $1.08, or 15%, to close at $6.13 per ADS on July 26, 2022, thereby injuring investors.

BIT Mining Announces Closing of US$9.3 Million Registered Direct Offering

Retrieved on: 
Friday, August 19, 2022 - 12:00pm

Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.

Key Points: 
  • Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.
  • The Company intends to use the net proceeds of the registered direct offering to invest in mining machines, expand infrastructure, improve working capital position and invest in new business opportunities.
  • The securities described above were offered by BIT Mining pursuant to a "shelf" registration statement on Form F-3 (File No.
  • BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.

Kuke Reports Second Quarter 2022 Unaudited Financial Results

Retrieved on: 
Friday, August 19, 2022 - 10:43am

BEIJING, Aug. 19, 2022 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Key Points: 
  • BEIJING, Aug. 19, 2022 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.
  • During the second quarter of 2022, the Company added nearly 4,000 tracks of traditional classical music.
  • Administrative expensesin the second quarter of 2022 decreased by 48.5% to RMB19.3 million (US$2.9 million) from RMB37.5 million in the same period of 2021, due to the deceased stock-based compensation costs that incurred in the second quarter of 2021.
  • Impairment losses on financial assets in the second quarter of 2022 decreased by 75.5% to RMB2.2 million from RMB9million in the same period of 2021.

Vipshop Reports Unaudited Second Quarter 2022 Financial Results

Retrieved on: 
Friday, August 19, 2022 - 10:00am

GUANGZHOU, China, Aug. 19, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended June 30, 2022.

Key Points: 
  • On July 8, 2022, Vipshop was named Forbes China's 2022 Best Employer and 2022 Most Sustainable Employer.
  • The Company will hold a conference call on Friday, August 19, 2022 at 7:30 am US Eastern Time, 7:30 pm Beijing Time to discuss the financial results.
  • The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance.
  • For more information on these non-GAAP financial measures, please see the table captioned "Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results" at the end of this release.

MINISO ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against MINISO Group Holding Limited and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, August 19, 2022 - 2:36am

Investors have until October 17, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until October 17, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • MINISO purports to be a fast-growing global value retailer which serves consumers primarily through its large network of MINISO stores.
  • As of July 27, 2022, MINISO ADSs closed at $5.66 per ADS, representing more than a 70% decline from the $20.00 IPO price.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of MINISO Group Holding Limited (MNSO) Investors

Retrieved on: 
Thursday, August 18, 2022 - 10:45pm

MINISO investors have until October 17, 2022 to file a lead plaintiff motion.

Key Points: 
  • MINISO investors have until October 17, 2022 to file a lead plaintiff motion.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
  • On October 15, 2020, MINISO conducted its IPO, issuing approximately 30.4 million American Depositary Shares (ADSs) at $20.00 per ADS.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Hepsiburada Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Thursday, August 18, 2022 - 10:00pm

ISTANBUL, Aug. 18, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform ("Hepsiburada" or the "Company"), announced today that on August 17, 2022 it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1).

Key Points: 
  • ISTANBUL, Aug. 18, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform ("Hepsiburada" or the "Company"), announced today that on August 17, 2022 it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1).
  • For the prior 10 consecutive business days, the closing bid price of the Company's American depositary shares ("ADSs"), each representing one Class B ordinary share of the Company, had been at US$1.00 per ADS or greater.
  • Nasdaq indicated within the letter that this matter is now closed.
  • Founded in Istanbul in 2000, Hepsiburada was built to lead the digitalization of commerce in Turkey.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of I-Mab - IMAB

Retrieved on: 
Thursday, August 18, 2022 - 9:35pm

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of I-Mab (I-Mab or the Company) (NASDAQ: IMAB).

Key Points: 
  • NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of I-Mab (I-Mab or the Company) (NASDAQ: IMAB).
  • Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext.
  • The investigation concerns whether I-Mab and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of MINISO Group Holding Limited (MNSO) Investors

Retrieved on: 
Thursday, August 18, 2022 - 7:40pm

MINISO investors have until October 17, 2022 to file a lead plaintiff motion.

Key Points: 
  • MINISO investors have until October 17, 2022 to file a lead plaintiff motion.
  • Investors suffering losses on their MINISO investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com .
  • On October 15, 2020, MINISO conducted its IPO, issuing approximately 30.4 million American Depositary Shares (ADSs) at $20.00 per ADS.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.