Niu Passes 1 Million Scooter Milestone on Surging Overseas Sales

Electric scooter maker’s international sales more than double in the fourth quarter, even as its domestic growth slowed sharply amid rising competition Key takeaways: Niu Technologies’ domestic sales growth slowed to 49% in the fourth quarter, even as international sales surged on strong demand for its new kick scooter models Company’s shares sank 5% after release of the fourth-quarter data, though stock still remains relatively strongly valued compared with peers By Doug Young The latest quarterly update issued Wednesday by electric scooter maker Niu Technologies (NIU.US) looks quite encouraging at…

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FAST NEWS: Autohome Invests $63 Million in Parent Company’s Fund

The latest: Autohome Inc. (2518.HK; ATHM.US) disclosed that on Jan. 4, it agreed to subscribe to 400 million yuan ($63 million) worth of limited partner interests in an equity investment fund managed by the Ping An Capital. Looking up: The operating activities of listed companies like Autohome are relatively inflexible and are more susceptible to economic conditions. By comparison, generating cash flow through activities like the latest Ping An investment can help Autohome to increase its corporate activity. Take Note: It was recently rumored that Autohome was planning to lay…

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Avoiding Greenwashing

By Helen Lam As companies develop their Environmental, Social and Governance (ESG) strategies, investors and stakeholders are becoming increasingly watchful for instances of ‘greenwashing’. Organizations’ claims of being progressive in their ESG performance are being more closely examined and – whatever the original intention – may come to be viewed as words over substance. Therefore, companies that want to communicate their ESG efforts effectively and legitimately should seek to be transparent at every step and be ready to back up their claims with data. What is greenwashing and how do you…

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