To The Moon

According to WHO's COVID-19 live update, the cumulative number of cases worldwide exceeded 200 million, with more than 4 million deaths. The Delta variant has been founded in 132 countries, and now the virus infection cases in the U.S. and Western Pacific keep increasing.In order to meet the global demand for one of the antiviral drugs needed, Qilian International Holding Group (NASDAQ: QLI), a specialized pharmaceutical company with high social responsibility, increases R&D expenses and expands the supply of heparin production during the COVID-19 pandemic. Even when the COVID-19 situation is getting worse and the medicines are in shortage, the Company has ensured that the major heparin manufacturers can have sufficient raw materials for production, and maintain constant supplies to ho

As the first Chinese company, which went public in the U.S. after the Didi crisis, Shanghai-based financial services firm Sentage Holdings debuted on Nasdaq under the ticker symbol "SNTG" on Friday, July 9th.The company raised $20 million by offering 4 million shares at a price of $5. In addition, Sentage has granted the underwriters a 45-day option to purchase up to an additional 600,000 ordinary shares at the public offering price, less underwriting discounts. Network 1 Financial Securities is the sole bookrunner on the deal.The consumer credit market in China has recorded a substantial growth in recent years due to the rapid economic growth and development of Internet finance and e-commerce. As a growing financial service provider, Sentage offers a comprehensive range of financial servi

While Didi Global's (ticker: DIDI) $4.4 billion IPO was big enough to stand out in the U.S. markets, another China-based company Pop Culture Group (ticker: CPOP) skyrocketed 405% to win the best first-day performance on Wednesday.The Xiamen, China-based company is a promoter of hip-hop culture in China. The company sold 6.2 million shares at $6, the top end of its $4-to-$6 price range. The stocks opened at $12.26 and ended at $30.30, up 405%, giving the company a market value of around $750 million.Pop Culture Group hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. In recent years, the company has focused on developing and hosting its own hip-hop events, and it owns a portfol

Hong Kong got benefits after U.S. regulators last year enacted a law to boot Chinese companies off U.S. exchanges unless American regulators are permitted to review their financial audits. The city has been attracting growing volumes of IPOs or dual-listings from mainland Chinese companies over the past two years.However, Chinese ride-sharing giant Didi did not choose Hongkong this time but sought its debut in New York. The company recently filed F-1 with SEC to go public in the U.S., possibly becoming one of the biggest tech IPOs in 2021.Founded in 2012, Didi has become China's top ride-hailing firm and the world's largest mobility technology platform. The company operates in nearly 4,000 cities, counties, and towns across 15 countries. Except for the traditional ride-sharing business, Di

During "Peak SPAC" early this year, the SPAC market gained significant attention from media and investors alike, and with good reason – there have been 329 new SPACs formed so far in 2021, up from 248 in 2020 and 59 in 2019. However, after the SEC issued new accounting guidance, which would classify SPAC warrants as liabilities instead of equity instruments, there were only 13 new SPACs in April and 18 in May, decreasing from March's record high of 109 new SPACs.Despite the new SEC guidance and subsequent slowdown in recent weeks, SPACs are still attractive. Industry insiders now view the SPAC market as healthier and more rational as the more seasoned SPAC management teams are pushing ahead.The SPAC merger process is still a good way for private companies to project their future revenues a

After China banned banks and payment firms from providing services related to crypto-currency transactions, Bitcoin tumbled as much as 30% to a low of $30,101 on Wednesday morning. Meanwhile, other digital currencies such as Ether, which acts as the fuel for the Ethereum blockchain network, and Dogecoin lost as much as 22% and 24% respectively.Nevertheless, Bitcoin and other cryptocurrencies bounced back within 24 hours, recovering some of yesterday's losses. For example, Bitcoin flirted with the $40,000 level on Thursday, according to Coindesk. The fresh crackdown may make it harder for individuals to buy cryptocurrencies, and the fears of regulatory crackdown could impact miners' business by making it more difficult for them to exchange cryptocurrencies for yuan, but it won't stop crypto

Tesla's stock price skyrocketed 740% in 2020, but the stocks seemed to lose power as soon as reaching a record high of $900 per share in late January. Meanwhile, Tesla's stock price has been dropped 18% to $582 per share for the past eight trading days in May. I am not saying Tesla is not a good and fast-growing company anymore. Tesla is of course a great company run by a great visionary. However, investors are split on whether Tesla is a good investment in 2021 and where the shares will move next.  I can’t predict the stock price, but there are three main headwinds facing Tesla that I think are pertinent to consider today. 1.Inflation concerns are pricking Tech stocks’ bubbles The Labor Department report shows the Consumer Price Index spiked 4.2% from a year ago, the f

Bitcoin has had a blockbuster 2021 so far, with the cryptocurrency breaking multiple record levels this year, and surpassing the $60,000 mark earlier in March. It last traded at around $56,000 on Tuesday, according to data from Coin Metrics.There is no doubt that more and more retail investors or Institutional Investors begin to invest in bitcoin or other cryptocurrencies. For example, Tesla revealed in February that it had bought $1.5 billion worth of bitcoin and that it would soon start accepting the world’s most popular cryptocurrency as a form of payment.Bitcoin price has been jumped to a record high of $63,500 on April 12th from $30,500 in late January. It’s hard to say how much exactly Tesla earned from investing in Bitcoin before its new earning report coming out, but it has definit

The IPO market remained active in the first quarter of 2021 as it followed the continued momentum seen in the second half of last year. Nasdaq hit a record first quarter after it welcomed 275 Initial Public Offerings (IPOs) that raised $74.4 billion in total proceeds.Out of these new listings, 196 were Special Purpose Acquisition Companies (SPACs), investment vehicles that raise funds via an IPO in order to complete a targeted acquisition. In total, Nasdaq ushered in roughly 87% of the total number of IPOs that listed on Nasdaq all of 2020.In March alone, 98 IPOs chose Nasdaq as their listing exchange, including 70 SPACs and one exchange transfer. Additionally, 16 healthcare companies chose to list on Nasdaq in March, continuing our lead in the sector with a 100% healthcare win rate for th

Traditional Chinese medicine manufacturer Universe Pharmaceuticals (NASDAQ: UPC) will debut on the Nasdaq Capital Market under the ticker symbol “UPC” on Tuesday, March 23.The China-based company aims to raise $25 million by offering 5 million shares at a price of $5.00 per ordinary share. In addition, Universe Pharmaceuticals has granted its underwriters a 45-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts. Based on the company’s SEC filing, proceeds from the offering will be used for upgrading and expanding the Company’s manufacturing facilities, conducting research and development, branding, advertising and marketing, and for working capital and general corporate purposes.Universe Pharmaceuticals was founded in