Author:  Weiwen Source:  GPLP As a top runner, Lamborghini also had problems. On March 20, the defective products management center of the State Administration of market supervision issued a message that recently, Volkswagen (China) decided to recall some imported 2017-2019 Lamborghini Aventador S series vehicles manufactured between February 25, 2017 and May 29, 2019, totaling Read more about When Supercar starts to stall: 90 Aventador S recalled due to the potential accident of Lamborghini flameout[…]

Author:  Sha Lajiang Source:  GPLP Nike (NKE. NYSE), a sports apparel giant, fell for days. On March 18, the share price of Nike fell to $60.00, 43.06% lower than its highest price since 2020 of $105.38. According to Crowen report of American investment bank, the sales volume of Nike in the fourth quarter in 2020 Read more about The stock price of Nike fell 43% due to its global temporary closure, the worst days after the League lockout are yet to come[…]

Author:  Li Zhujiang Source:  GPLP Alibaba Pictures (01060. HK) directly bought a variety production company in order to move towards content. On the evening of March 19, Alibaba Pictures announced that Alibaba pictures (Zhejiang), a subsidiary of the merger, had entered into an equity transfer agreement with investor shareholders, founding shareholders, founders, Youku information and Read more about Alibaba Pictures once again: 400 million yuan to buy YinheKuyu Media, a content  production company[…]

Author:  Weiwen Source:  GPLP For NIO(NIO. NYSE), its will have not more time to get rid of the name for “metal swallowing beast”. On March 18, NIO released the results for the fourth quarter of 2019 and the whole year. According to the report, the annual revenue of 2019 is 7.825 billion yuan, up 58% Read more about ￥11.4 billion lost and ￥17.5 billion raised, the time left by NiO to Li Bin is passing[…]

Author:  Wei Wen Source:  GPLP On March 19, according to foreign media reports, Volvo recalled nearly 740000 vehicles around the world due to the failure of automatic emergency braking system (AEB). Volvo did not deny this situation, and said that the automatic emergency braking system of some current models could not automatically brake under certain Read more about Volvo announced a global recall of nearly 740000 vehicles[…]

Author:  Li  Zhujiang Source:  GPLP No social, no music. Tencent Music relies on social entertainment for 70% of revenue. Although the pay rate of Tencent Music (TME. NYSE) has increased, more than 70% of the current revenue is still contributed by the social entertainment business. On March 17, Tencent Music released the unaudited financial report Read more about Tencent Music still rely on social entertainment but not music copyright[…]

Author：Summer Source：GPLP On March 17, 51Job (JOBS.NASDAQ) released the unaudited financial statements for the fourth quarter and the entire fiscal year of 2019 as of December 31. According to the report, the total revenue of 51Job in the fourth quarter was 1.136 billion yuan, up 1.3% from 1.121 billion yuan in the same period of Read more about 51Job get 57.49% down for Net Income due to reduced demand in FY2019[…]

Author: Weiwen Source: GPLP NIO (NIO.NYSE) executives can’t stay? On March 16, a media reported that Zhu Jiang, vice President of user development at NIO, will step down as vice President and become a consultant. NIO will continue to carry out organizational structure adjustment, the position will be replaced by insiders. NIO responsed that Zhu Read more about Zhu Jiang will leave NIO after the handover in May[…]

Author: Wei Rui Source: GPLP On the morning of March 16, Hong Kong media reported that Jd.com (JD. NASDAQ) has talked with investment Banks such as UBS and Bank of America about a secondary listing in Hong Kong. In 2019, Alibaba (09988.HK) returned to the Hong Kong stock exchange for a secondary listing, the stock Read more about Will jd.com return to Hong Kong stock market after Alibaba came back[…]

Author : Shalajiang Source : GPLP After $705 million acquisition of Be&Cheery under Haoxiang Ni (002582. SZ), a Chinese snack brand enterprise. Pepsi (PEP. NASDAQ) has been engaged in business again recently! Enter the functional beverage market On March 11, Pepsi reached an agreement with Rockstar Energy Beverages (below referred to as “Rockstar”) to acquire Read more about Not satisfied with Be&Cheery, Pepsi will buy Rockstar with 3.85 billion dollars[…]