FAST NEWS: Morgan Stanley cuts stake in Tongdao Leipin
The latest: U.S. banking giant Morgan Stanley disclosed it sold about 228,000 shares of Tongdao Leipin Group (2013.HK) on Dec. 11, lowering its stake from 5.02% to 4.97%, according to a…
Tongdao Liepin looks for work amid weak economy, rising unemployment
The online recruitment platform’s profit tumbled 84% in the first nine months of the year as employers reined in their hiring Key Takeaways: Tongdao Liepin’s profit fell 72% in the…
Kanzhun’s World Cup marketing bet keeps paying dividends
China's leading online recruitment platform has posted its third straight quarterly profit, reaping the rewards of an advertising campaign during last year’s soccer championships Key Takeaways: Kanzhun doubled its profits…
FAST NEWS: Tongdao Liepin swings to the red on weak recruiting demand
The latest: Online recruitment platform Tongdao Liepin Group (6100.HK) said Tuesday it recorded a net loss of up to 49 million yuan ($7.1 million) in the first quarter, reversing a…
Newly profitable Kanzhun Steps Aboard Hong Kong’s Dual Listing Train
China’s leading online recruiter has filed for a dual primary listing in Hong Kong after cutting its costs and getting approval to register new users Key Takeaways: Having finally turned…
Kanzhun Weathers Covid Storm, Silent on Data Security Review
China’s leading online recruitment company reported its revenue rose 43% in the first quarter, but forecast a decline in the second quarter due to Covid disruptions Key Takeaways: Kanzhun reported…