News Archives - ChineseWire

ThursdayApr 03, 2025 10:59 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at LD Micro Invitational XV in New York

FingerMotion (NASDAQ: FNGR) announced it will participate in the 15th Annual LD Micro Invitational at the Westin Grand Central in New York on April 9–10, 2025. CEO Martin J. Shen is scheduled to present on April 10 at 8 a.m. ET, where he will highlight recent company developments, including the growth of FingerMotion’s C2 Platform. Shen emphasized the event as a key opportunity to engage with both potential and current investors. To view the full press release, visit https://ibn.fm/9Mbcd About FingerMotion Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in…

MondayMar 17, 2025 11:03 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at 37th Annual ROTH Conference

FingerMotion (NASDAQ: FNGR), a mobile services, data, and technology company, announced its participation in the 37th Annual ROTH Conference, scheduled for March 16-18, 2025, at The Laguna Cliffs Marriott in Dana Point, California. The event will feature 1-on-1 and small group meetings, fireside chats, industry panels, and keynotes, bringing together executives from approximately 450 private and public companies across various growth sectors. FingerMotion’s management team is available for investor meetings through the conference portal. To view the full press release, visit https://ibn.fm/TiFzD About FingerMotion Inc. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge…

TuesdayMar 04, 2025 10:29 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Board Elections and Executive Appointments

FingerMotion (NASDAQ: FNGR) reported the results of its annual stockholders' meeting held on Feb. 28, 2025. The company re-elected Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Eng Ho Ng, and Tuck Seng Low to its Board of Directors. Additionally, CT International LLP was appointed as the independent registered public accounting firm, and executive compensation was approved. Following the meeting, the Board reappointed Martin J. Shen as President and CEO and Yew Hon Lee as CFO, Secretary, and Treasurer. To view the full press release, visit https://ibn.fm/kjbjJ About FingerMotion Inc. FingerMotion is an evolving technology company with a core competency…

TuesdayFeb 18, 2025 9:35 am

ChineseNewsBreaks – Hello Group Inc. (NASDAQ: MOMO) to Announce Q4 and Fiscal Year 2024 Results on March 12, 2025

Hello Group (NASDAQ: MOMO), a leading player in mainland China's online social networking space, has scheduled the release of its fourth quarter and fiscal year 2024 financial results for March 12, 2025. The company will host an earnings conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day to discuss the results. As of February 18, 2025, Hello Group's stock is trading at $7.91, reflecting an increase of $0.08 (1.02%) from the previous close. The day's trading range has been between $7.83 and $8.30, with a 52-week range of $4.79 to $8.30. The…

TuesdayFeb 11, 2025 11:45 am

ChineseNewsBreaks – Apple Inc. (NASDAQ: AAPL) teams up with Alibaba (NYSE: BABA) to develop AI for China, eyes iPhone growth

Apple (NASDAQ:AAPL) has partnered with Alibaba Group Holding Ltd. (NYSE: BABA) to integrate artificial intelligence into its devices in China, aiming to boost iPhone sales in the region. The collaboration follows Apple’s evaluations of various Chinese AI providers, ultimately selecting Alibaba to co-develop AI features that have been submitted for regulatory approval. This move aligns with Apple’s strategy to strengthen its position in China’s competitive smartphone market. As of Feb. 11, Apple stock is trading at $231.87, up 1.85%, while Alibaba shares have risen 2.11% to $113.67. To view the full article, visit https://ibn.fm/jUQlp About Apple Inc. Apple Inc. designs, manufactures, and…

ThursdayJan 23, 2025 10:40 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Secures Contracts for Emergency Response Communication Platform

FingerMotion (NASDAQ: FNGR), announced that it has been awarded contracts to equip emergency response vehicles with its Advanced Mobile Integrated Command and Communication Platform ("C2 Platform") following a competitive tender process. Developed in collaboration with JiuGe Technology, a subsidiary, and SAIC Maxus, the C2 Platform integrates mobile, satellite, and private networks, enabling real-time, uninterrupted communication for first responders. CEO Martin Shen highlighted the platform's role in enhancing emergency coordination and response efficiency, emphasizing plans to expand its market presence through strategic partnerships. To view the full press release, visit https://ibn.fm/A0Fsl About FingerMotion Inc. FingerMotion is an evolving technology company with…

WednesdayJan 15, 2025 9:25 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports 39% Revenue Growth in Q3 Fiscal 2025 Results

FingerMotion (NASDAQ: FNGR), posted $8.53 million in revenue for Q3 fiscal 2025, a 39% year-over-year increase driven by its Telecommunications Products & Services division. The SMS & MMS segment saw revenue jump to $44,457, compared to $7,900 in Q3 fiscal 2024, while Big Data revenue was $0, down from $5,584. Gross profit fell 30% to $0.44 million due to a 47% rise in the cost of revenue, but quarterly net loss improved to $1.66 million, a 15% reduction from the prior year. CEO Martin Shen highlighted the company's strengthened financial position, including a working capital surplus of $9.43 million, and…

FridayDec 20, 2024 8:00 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces $5 Million Direct Offering to Institutional Investors

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has entered into a definitive securities purchase agreement with institutional investors for the sale of 3,333,336 shares of common stock and warrants to purchase up to 5,000,004 shares at a combined price of $1.50 per share and warrant. The common warrants are exercisable immediately at $1.50 per share and have a five-year term. Expected to close by Dec. 23, 2024, the offering is anticipated to generate $5.0 million in gross proceeds, to be used for general corporate purposes. Roth Capital Partners is acting as the exclusive placement agent for the offering,…

WednesdayOct 16, 2024 1:13 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Q2 2025 Results

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced its financial results for the second quarter of fiscal 2025 for the period ended Aug. 31, 2024. Among the highlights, the company reported quarterly revenue of $8.46 million (including telecommunications products and services, SMS and MMS business, and command and communication), a decrease of $0.82 million or 9% compared to Q2 of fiscal 2024. “While Q2 2025 presented challenges for our company, we are encouraged by the continued growth in our Cloud business segment,” said Martin Shen, CEO of FingerMotion. “Although our overall gross margin decreased compared to Q2…

WednesdaySep 25, 2024 1:04 pm

ChineseNewsBreaks – Haoxi Health Technology Ltd. (NASDAQ: HAO) Secures $12 Million in Follow-on Public Offering

Haoxi Health Technology Ltd. (NASDAQ: HAO), a Beijing-based online marketing solution provider, recently announced the successful closing of its $12 million underwritten follow-on public offering. The offering consisted of 4,000,000 units priced at $3.00 per unit, each comprising Class A Ordinary Shares and Series A and B Warrants. EF Hutton LLC acted as the sole bookrunner and has been granted an option to purchase up to an additional 600,000 units to cover over-allotments. The proceeds will support the company’s expansion and technological investments in the healthcare sector. To view the full press release, visit https://ibn.fm/J1C3w About Haoxi Health Technology Ltd.…

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