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Hang Yang

Hang Yang

Data centers and Cloud

China's Tech Titans Suppressed by New Antitrust Guideline
China's Tech Titans Suppressed by New Antitrust Guideline
The initiative also hurt Alibaba's owner Jack Ma who lost USD 2.7 billion, or 4.7% of his total wealth, within one day.
Nov 11, 2020 08:21 pm
The initiative also hurt Alibaba's owner Jack Ma who lost USD 2.7 billion, or 4.7% of his total wealth, within one day.
Rong Cloud Captures Hundreds of Millions of Yuan in Series D
Rong Cloud Captures Hundreds of Millions of Yuan in Series D
According to iResearch, the company has consistently ranked first in China's instant messaging Cloud landscape over several years.
Nov 9, 2020 08:30 pm
According to iResearch, the company has consistently ranked first in China's instant messaging Cloud landscape over several years.

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From Servers to Cloud – Tech Vendors Show Mixed Results in 3Q 2020
From Servers to Cloud – Tech Vendors Show Mixed Results in 3Q 2020
ODMs are nabbing larger market shares. According to IDC, they held 28.8% of it in 2Q 2020.
Nov 9, 2020 08:06 am
Alibaba: Solid 2Q 2020 Results as Stock Price Slips
Alibaba: Solid 2Q 2020 Results as Stock Price Slips
The company's cloud arm is due to break even in 2021.
Nov 7, 2020 12:10 am
UCaaS Provider Ronglian Yitong Nabs USD 125 Million in Series F
UCaaS Provider Ronglian Yitong Nabs USD 125 Million in Series F
In October 2019, the firm completed a Series D round of hundreds of millions of yuan.
Nov 6, 2020 01:06 am
Inspur Sees Weak Cloud Revenue, Stock Plunges
Inspur Sees Weak Cloud Revenue, Stock Plunges
The company posted a 40.60% revenue growth in 1H 2020 despite temporary chip supply suspension.
Nov 3, 2020 06:43 pm
Chinese Data Center Firm GDS Advances 2.62% on Its Hong Kong IPO Day
Chinese Data Center Firm GDS Advances 2.62% on Its Hong Kong IPO Day
In September, the company announced that it would acquire 100% equity interest in a data center in the Shunyi district of Beijing from CITIC.
Nov 3, 2020 12:58 am
Qi An Xin Climbs on 3Q Results: Revenue Grows by 90%
Qi An Xin Climbs on 3Q Results: Revenue Grows by 90%
The company has announced its equity compensation plan covering 15.5% of its employees with 2% of its total shares.
Oct 30, 2020 11:40 pm
UCloud Hammered on 3Q Results: Revenue Jumps by 94.8%, Profit Turns Negative
UCloud Hammered on 3Q Results: Revenue Jumps by 94.8%, Profit Turns Negative
The company plans a CNY 2 billion private placement to cover its future capital spending and liquidity use.
Oct 30, 2020 02:32 am
Equity Research Report: GDS Holdings
Equity Research Report: GDS Holdings
Rocketing demand for data storage services and high capital cost entry barriers will protect the company's dominant position in China; market competition will intensify.
Oct 29, 2020 12:16 am
Sequoia-Led Group Invests over USD 100 Mn in Chinese AI Startup SmartMore
Oct 28, 2020 10:34 pm
Sequoia-Led Group Invests over USD 100 Mn in Chinese AI Startup SmartMore
Zhiqiang He, a senior vice president at Lenovo, believes that SmartMore has made a significant leap in technology and business performance within just one year.

Sequoia-Led Group Invests over USD 100 Mn in Chinese AI Startup SmartMore

by Hang Yang Oct 28, 2020 10:34 pm
Apple's Chinese Suppliers to Win Big from iPhone 12 Rollout
Oct 28, 2020 06:28 pm
Apple's Chinese Suppliers to Win Big from iPhone 12 Rollout
The A-share 'Apple concept stocks' present over CNY 2 trillion in combined market cap.

Apple's Chinese Suppliers to Win Big from iPhone 12 Rollout

by Hang Yang Oct 28, 2020 06:28 pm
Lens Tech, Apple's Glass Provider, Crushes 3Q Expectations – Stock Unchanged
Oct 28, 2020 01:30 am
Lens Tech, Apple's Glass Provider, Crushes 3Q Expectations – Stock Unchanged
The firm generates around 50% of its total revenue from producing Apple's components.

Lens Tech, Apple's Glass Provider, Crushes 3Q Expectations – Stock Unchanged

by Hang Yang Oct 28, 2020 01:30 am
ECARX Nabs CNY 1.3 Bn from Baidu, Others to Develop Smart Cockpits
Oct 27, 2020 08:04 pm
ECARX Nabs CNY 1.3 Bn from Baidu, Others to Develop Smart Cockpits
In 2018, the tech startup launched a server processor joint venture with British semiconductor IP powerhouse Arm.

ECARX Nabs CNY 1.3 Bn from Baidu, Others to Develop Smart Cockpits

by Hang Yang Oct 27, 2020 08:04 pm
Xiaomi and Huawei Ban Top Mobile Games, Indicating Intensifying Competition
Oct 14, 2020 07:16 pm
Xiaomi and Huawei Ban Top Mobile Games, Indicating Intensifying Competition
In September 2020, the Chinese mobile gaming market grew by 20.59% year-on-year, with a growing number of alternative distribution channels helping to sustain growth.

Xiaomi and Huawei Ban Top Mobile Games, Indicating Intensifying Competition

by Hang Yang Oct 14, 2020 07:16 pm
How Has Cybersecurity Company Sangfor Seen Such High Growth in 2020?
Oct 7, 2020 08:10 pm
How Has Cybersecurity Company Sangfor Seen Such High Growth in 2020?
The company's founder, Mr. He Chaoxi, worked at Huawei for two years then founded the company in 2000.

How Has Cybersecurity Company Sangfor Seen Such High Growth in 2020?

by Hang Yang Oct 7, 2020 08:10 pm
GDS's Stock Up 52% in 2020 – What Is Making It Rise?
Oct 2, 2020 09:18 am
GDS's Stock Up 52% in 2020 – What Is Making It Rise?
The company's annual topline has kept growing at over 47% per year since listing in 2014, reaching USD 708.40 million in the last twelve months ended in Q2 2020. At the same time, the stock price advanced eightfold.

GDS's Stock Up 52% in 2020 – What Is Making It Rise?

by Hang Yang Oct 2, 2020 09:18 am
Why 21Vianet Group, Chinese Data Center, Is Up 275% So Far in 2020
Oct 1, 2020 01:05 pm
Why 21Vianet Group, Chinese Data Center, Is Up 275% So Far in 2020
In terms of revenue, the firm ranks number 2 among Chinese third-party data centers with USD 624 million in the last twelve-month topline, an increase of 20.7% year-on-year.

Why 21Vianet Group, Chinese Data Center, Is Up 275% So Far in 2020

by Hang Yang Oct 1, 2020 01:05 pm
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