China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO

189
36
Favorite

China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO

Bloomberg2021-06-23

(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

189

Report

Comment（36）

Mikhamet
·2021-06-23
[Smile]
Reply
2
Report
jiahaoooooo
·2021-06-23
??
Reply
Like
Report
MrParadise
·2021-06-23
[Happy]
Reply
Like
Report
ElginLow
·2021-06-23
[微笑]
Reply
1
Report
Deonc
·2021-06-23
They are a very disruptive company with a good future ahead in an ever growing industry. Please like and comment.tq
Reply
7
Report
Pangabui
·2021-06-23
[微笑] [微笑] [微笑]
Reply
3
Report
Kwangyi
·2021-06-23
Hmm.
Reply
5
Report
Fold Replies
- Jweikit:
  Nice
  2021-06-23
  Reply
  Report
rikko_f
·2021-06-23
They are doing a good job
Reply
Like
Report
ZCZC
·2021-06-23
[財迷]
Reply
6
Report
MugenQiang
·2021-06-23
Like and comment pls...
Reply
6
Report
Fold Replies
- ZCZC:
  [强]
  2021-06-23
  Reply
  Report
- FuNman168:
  Pls like n comment
  2021-06-23
  Reply
  Report
- PYCHUA:
  pls return comment thx
  2021-06-23
  Reply
  Report
RS142
·2021-06-23
?
Reply
3
Report
vinceloo5789
·2021-06-23
Have u buy it
Reply
2
Report
Teo YM
·2021-06-23
Good
Reply
1
Report
Fredwkh
·2021-06-23
Like
Reply
2
Report
Muppy
·2021-06-23
Nooo
Reply
3
Report
Fold Replies
- Dogecake:
  Noo o yess
  2021-06-23
  Reply
  Report
Eelheis
·2021-06-23
Nice
Reply
1
Report
IsaacYap90
·2021-06-23
The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.
Reply
2
Report
KohJinHui
·2021-06-23
Nice
Reply
4
Report
Fold Replies
- IsaacYap90:
  The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.
  2021-06-23
  Reply
  Report
SeanSak
·2021-06-23
Ohh
Reply
5
Report
Fold Replies
- IsaacYap90:
  The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.
  2021-06-23
  Reply
  Report
TSLAtothemoon
·2021-06-23
Like and comment pls
Reply
5
Report
Fold Replies
- Muppy:
  nice name
  2021-06-23
  Reply
  Report
- IsaacYap90:
  The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.
  2021-06-23
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2145737065?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-23 07:49","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2145737065","market":"us","top_or_hot":-1,"title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09086","symbol_name":"华夏纳指-U","start_time":0,"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","article_id":"2145737065","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","pubTimestamp":1624405781,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09086":"华夏纳指-U","YMM":"满帮","BZ":"BOSS直聘","03086":"华夏纳指"},"translate_title":"16亿美元上市后，中国全卡汽车在美首次公开募股攀升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03086":0.9,"09086":0.9,"BZ":0.9,"YMM":0.9},"content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":123855249,"gmtCreate":1624417469681,"gmtModify":1703836052033,"author":{"id":"3577429283113444","authorId":"3577429283113444","authorIdStr":"3577429283113444","name":"Mikhamet","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577429283113444"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123855249","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123884104,"gmtCreate":1624415991508,"gmtModify":1703836009524,"author":{"id":"3576475075780029","authorId":"3576475075780029","authorIdStr":"3576475075780029","name":"jiahaoooooo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576475075780029"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123884104","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123118462,"gmtCreate":1624411903756,"gmtModify":1703835851500,"author":{"id":"3583818905280691","authorId":"3583818905280691","authorIdStr":"3583818905280691","name":"MrParadise","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583818905280691"},"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123118462","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123104919,"gmtCreate":1624411117531,"gmtModify":1703835810883,"author":{"id":"3578313543552744","authorId":"3578313543552744","authorIdStr":"3578313543552744","name":"ElginLow","avatar":"https://static.tigerbbs.com/44d66a2d7ac712e903ddee8420e88c27","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578313543552744"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123104919","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":123350667,"gmtCreate":1624409982159,"gmtModify":1703835757979,"author":{"id":"3569316529855154","authorId":"3569316529855154","authorIdStr":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3569316529855154"},"htmlText":"They are a very disruptive company with a good future ahead in an ever growing industry.&nbsp;Please like and comment.tq&nbsp; &nbsp; &nbsp;&nbsp;","listText":"They are a very disruptive company with a good future ahead in an ever growing industry.&nbsp;Please like and comment.tq&nbsp; &nbsp; &nbsp;&nbsp;","text":"They are a very disruptive company with a good future ahead in an ever growing industry. Please like and comment.tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123350667","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123332055,"gmtCreate":1624408614077,"gmtModify":1703835696895,"author":{"id":"3570444284639989","authorId":"3570444284639989","authorIdStr":"3570444284639989","name":"Pangabui","avatar":"https://static.tigerbbs.com/32b4b9242d9aab94ee79aaaf573818e8","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570444284639989"},"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123332055","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":123397290,"gmtCreate":1624408482810,"gmtModify":1703835688878,"author":{"id":"3573598826124085","authorId":"3573598826124085","authorIdStr":"3573598826124085","name":"Kwangyi","avatar":"https://static.tigerbbs.com/9a7a4ef272c43ee0a8163b7414d916e9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573598826124085"},"htmlText":"Hmm.","listText":"Hmm.","text":"Hmm.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123397290","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4965862,"gmtCreate":1624410916685,"gmtModify":1663229766248,"authorId":3571822130411286,"author":{"id":3571822130411286,"authorId":3571822130411286,"name":"Jweikit","avatar":"https://static.tigerbbs.com/b483f2ee96e5c438b841f3c0a8e4ccdf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123397290,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":123399134,"gmtCreate":1624408268228,"gmtModify":1703835675279,"author":{"id":"3582809885538738","authorId":"3582809885538738","authorIdStr":"3582809885538738","name":"rikko_f","avatar":"https://static.tigerbbs.com/3a87bb0f6e2c650f81afe3288fcafe1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582809885538738"},"htmlText":"They are doing a good job","listText":"They are doing a good job","text":"They are doing a good job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123399134","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123306025,"gmtCreate":1624408048067,"gmtModify":1703835668057,"author":{"id":"3563790138758003","authorId":"3563790138758003","authorIdStr":"3563790138758003","name":"ZCZC","avatar":"https://static.tigerbbs.com/d359c8a02a4377c583da678d7e9144c4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3563790138758003"},"htmlText":"[財迷]&nbsp;","listText":"[財迷]&nbsp;","text":"[財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123306025","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":123973648,"gmtCreate":1624407637884,"gmtModify":1703835648119,"author":{"id":"3576130746722228","authorId":"3576130746722228","authorIdStr":"3576130746722228","name":"MugenQiang","avatar":"https://static.tigerbbs.com/f17ec4e89d68e2bc6ac39a336e9be71c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576130746722228"},"htmlText":"Like and comment pls...","listText":"Like and comment pls...","text":"Like and comment pls...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/123973648","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4964744,"gmtCreate":1624408040828,"gmtModify":1663229761838,"authorId":3563790138758003,"author":{"id":3563790138758003,"authorId":3563790138758003,"name":"ZCZC","avatar":"https://static.tigerbbs.com/d359c8a02a4377c583da678d7e9144c4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123973648,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"},{"id":4964603,"gmtCreate":1624407695448,"gmtModify":1663229759243,"authorId":3555557009386362,"author":{"id":3555557009386362,"authorId":3555557009386362,"name":"FuNman168","avatar":"https://static.tigerbbs.com/514a27d720a081249aac55d90187f4e2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123973648,"type":1,"supId":0,"prevId":0,"content":"Pls like n comment ","text":"Pls like n comment ","html":"Pls like n comment "},{"id":4964667,"gmtCreate":1624407849209,"gmtModify":1635251076449,"authorId":3576900825805492,"author":{"id":3576900825805492,"authorId":3576900825805492,"name":"PYCHUA","avatar":"https://static.tigerbbs.com/7984deb1539a8169f76cb68052224a36","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123973648,"type":1,"supId":4964603,"prevId":0,"content":"pls return comment <u>thx</u>","text":"pls return comment <u>thx</u>","html":"pls return comment <u>thx</u>"}],"langContent":"EN"},{"id":123947524,"gmtCreate":1624407581568,"gmtModify":1703835644028,"author":{"id":"3574118564601995","authorId":"3574118564601995","authorIdStr":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574118564601995"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123947524","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123944010,"gmtCreate":1624407553330,"gmtModify":1703835641752,"author":{"id":"3582248348198314","authorId":"3582248348198314","authorIdStr":"3582248348198314","name":"vinceloo5789","avatar":"https://static.tigerbbs.com/b65c120ce2f9f8aabbd2714bdb09a04c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582248348198314"},"htmlText":"Have u buy it","listText":"Have u buy it","text":"Have u buy it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123944010","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123940496,"gmtCreate":1624407391015,"gmtModify":1703835631746,"author":{"id":"3571972935337090","authorId":"3571972935337090","authorIdStr":"3571972935337090","name":"Teo YM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571972935337090"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123940496","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123956685,"gmtCreate":1624407284547,"gmtModify":1703835623934,"author":{"id":"3570424148942091","authorId":"3570424148942091","authorIdStr":"3570424148942091","name":"Fredwkh","avatar":"https://static.tigerbbs.com/301d103aff8ff9955978aa630ee85588","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3570424148942091"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123956685","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123956825,"gmtCreate":1624407278267,"gmtModify":1703835624096,"author":{"id":"3578278614559162","authorId":"3578278614559162","authorIdStr":"3578278614559162","name":"Muppy","avatar":"https://static.tigerbbs.com/51bd92f5e7a1327b1a0a9b7333dafa96","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3578278614559162"},"htmlText":"Nooo","listText":"Nooo","text":"Nooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123956825","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4964496,"gmtCreate":1624407455431,"gmtModify":1663229758859,"authorId":3581557180344145,"author":{"id":3581557180344145,"authorId":3581557180344145,"name":"Dogecake","avatar":"https://static.tigerbbs.com/d76d36c16d4030fabec7511a03e9c987","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.11","exceedPercentage":"93.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123956825,"type":1,"supId":0,"prevId":0,"content":"Noo o yess","text":"Noo o yess","html":"Noo o yess"}],"langContent":"EN"},{"id":123956310,"gmtCreate":1624407273230,"gmtModify":1703835623771,"author":{"id":"3586257880212732","authorId":"3586257880212732","authorIdStr":"3586257880212732","name":"Eelheis","avatar":"https://static.tigerbbs.com/377a44bd36e37057b0a3ea65ec21afba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586257880212732"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123956310","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123951582,"gmtCreate":1624407247446,"gmtModify":1703835621644,"author":{"id":"3583568085402852","authorId":"3583568085402852","authorIdStr":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583568085402852"},"htmlText":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.&nbsp;","listText":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.&nbsp;","text":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123951582","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123923695,"gmtCreate":1624407038717,"gmtModify":1703835606576,"author":{"id":"3577076974308726","authorId":"3577076974308726","authorIdStr":"3577076974308726","name":"KohJinHui","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577076974308726"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123923695","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4964400,"gmtCreate":1624407260561,"gmtModify":1663229759152,"authorId":3583568085402852,"author":{"id":3583568085402852,"authorId":3583568085402852,"name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123923695,"type":1,"supId":0,"prevId":0,"content":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","text":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","html":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. "}],"langContent":"EN"},{"id":123966474,"gmtCreate":1624406904598,"gmtModify":1703835596620,"author":{"id":"3581585664475701","authorId":"3581585664475701","authorIdStr":"3581585664475701","name":"SeanSak","avatar":"https://static.tigerbbs.com/4a62d3d455150e01d4dc6c67bd4f9c0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585664475701"},"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123966474","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4964409,"gmtCreate":1624407274445,"gmtModify":1663229760074,"authorId":3583568085402852,"author":{"id":3583568085402852,"authorId":3583568085402852,"name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123966474,"type":1,"supId":0,"prevId":0,"content":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","text":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","html":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. "}],"langContent":"EN"},{"id":123966112,"gmtCreate":1624406895536,"gmtModify":1703835596130,"author":{"id":"3581496657430027","authorId":"3581496657430027","authorIdStr":"3581496657430027","name":"TSLAtothemoon","avatar":"https://static.tigerbbs.com/b7eb252b1bc52ab7567a6f6dbc62f92e","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3581496657430027"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/123966112","repostId":2145737065,"repostType":4,"repost":{"id":"2145737065","pubTimestamp":1624405781,"share":"https://ttm.financial/m/news/2145737065?lang=&edition=fundamental","pubTime":"2021-06-23 07:49","market":"us","language":"en","title":"China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2145737065","media":"Bloomberg","summary":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its tr","content":"<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in <a href=\"https://laohu8.com/S/AONE\">one</a> of the year’s biggest U.S. initial public offerings by a Chinese company.</p>\n<p>The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.</p>\n<p>The company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.</p>\n<p>Full Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.</p>\n<p>Full Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.</p>\n<p>IPO Surge</p>\n<p>Kanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.</p>\n<p>One deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.</p>\n<p>Full Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.</p>\n<p>Manbang Losses</p>\n<p>The company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.</p>\n<p>Full Truck’s offering is being led by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BZ":"BOSS直聘","03086":"华夏纳指","YMM":"满帮","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/china-full-truck-climbs-u-183941756.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145737065","content_text":"(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.\nThe American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. The shares were up 13% to $21.54 at 2:38 p.m. in New York trading, giving the company a market value of about $23 billion.\nThe company -- known as Manbang in Chinese -- is also raising $100 million each from private placements of its shares -- one with the Ontario Teachers’ Pension Plan and the other with an entity affiliated with Abu Dhabi sovereign wealth fund Mubadala Investment Company PJSC, according to its filings with the U.S. Securities and Exchange Commission.\nFull Truck Alliance’s IPO rivals e-cigarette maker RLX Technology Inc.’s January listing, which raised slightly more than $1.6 billion. If its underwriters exercise a so-called greenshoe, or over-allotment option, Full Truck Alliance’s IPO could raise as much as $1.8 billion.\nFull Truck Alliance, which operates a truck-sharing app connecting merchants that need shipping of their goods with truck drivers, follows a buoyant June 11 Nasdaq debut of Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin.\nIPO Surge\nKanzhun shares are almost double from its IPO price, underscoring a renewed appetite for listings by Chinese companies after a lull when several put their U.S. listing plans on hold in May. Companies based in China and Hong Kong have raised $10.2 billion in U.S. IPOs so far in 2021 -- more than four times the total last year, according to data compiled by Bloomberg.\nOne deal eagerly anticipated by investors is that by China-based ride-hailing giant Didi, which filed this month for a U.S. IPO that could value it at as much as $100 billion, Bloomberg News has reported. Its IPO could be one of the largest listings globally this year.\nFull Truck Alliance, based in Guiyang, the capital of the southwestern Guizhou province, was formed from a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman. Apart from Tencent and SoftBank, Full Truck’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital.\nManbang Losses\nThe company posted a loss of $532 million on net revenue of $396 million last year, according to the filings. It said it plans to use the proceeds from its IPO on investing in infrastructure, technology innovation, expanding its service offerings, and for general corporate purposes, including meeting working capital needs and to fund potential acquisitions and investments.\nFull Truck’s offering is being led by Morgan Stanley, China International Capital Corp. and Goldman Sachs Group Inc. Its ADS, each representing 20 ordinary shares, are trading on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4964422,"gmtCreate":1624407298596,"gmtModify":1663229760450,"authorId":3578278614559162,"author":{"id":3578278614559162,"authorId":3578278614559162,"name":"Muppy","avatar":"https://static.tigerbbs.com/51bd92f5e7a1327b1a0a9b7333dafa96","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.83%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123966112,"type":1,"supId":0,"prevId":0,"content":"nice name","text":"nice name","html":"nice name"},{"id":4964414,"gmtCreate":1624407281944,"gmtModify":1663229760338,"authorId":3583568085402852,"author":{"id":3583568085402852,"authorId":3583568085402852,"name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123966112,"type":1,"supId":0,"prevId":0,"content":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","text":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. ","html":"The American depositary shares opened at $22.50 Tuesday after the company backed by SoftBank Group Corp. and Tencent Holdings Ltd. sold 82.5 million at the top of the marketed range of $17 to $19. "}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":189,"commentSize":36,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}