How long does it take to lose HKD30 billion market value? For Meitu, only 80 minutes. Mar 20th, after 11 days of continuous rising, Meitu’s market value took a dive from about HKD100 billion to HKD60 billion.
Recently listed SF-Express (SZSE:002352) is worth RMB254.0 billion, being the highest in Shenzhen Stock Exchange. Wang Wei, the Founder of SF-Express now holds the equity with a value of RMB164.0 billion.
Feb 16th, NetEase (NASDAQ:NTES) released results for Q4 ended Dec 31st, 2016. According to the report, the Company received a revenue of USD1.73 billion in Q4, up by 53.1%, net profit was USD530 million, up by 70.2%.