Monday, October 1, 2018

China-based CooTek, developer of TouchPal Keyboard and other apps, closes down 21% on its first day of trading on NYSE, after raising $52.2M in its IPO (Gary Alexander/Seeking Alpha)

Gary Alexander / Seeking Alpha:
China-based CooTek, developer of TouchPal Keyboard and other apps, closes down 21% on its first day of trading on NYSE, after raising $52.2M in its IPO  —  CooTek priced its IPO at $12, the low end of its intended range of $12-$14.  —  Shares proceeded to tumble in their first day of trading …



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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” s...