Hey everyone, if you’ve been following the TuSimple investor settlement, here’s an important info to keep in mind: the filing deadline is January 31, 2025.

If you missed it, TuSimple faced significant issues between April 2021 and December 2022. An April 2022 crash of an autonomous truck raised safety concerns, with a video showing system failures and indicating that the company rushed its testing.

In October 2022, it was also reported that TuSimple was under investigation by the FBI, SEC, and CFIUS for sharing sensitive information with the Chinese startup Hydron (quite a huge thing, imo). The company later admitted to improper disclosures, leading to the resignation of CEO Hou.

As a result, TuSimple’s stock price plummeted by over 98% from its IPO value. Investors sued for exaggerating safety measures and failing to disclose risks, and TuSimple has now agreed to a $189M settlement to resolve the whole thing.

So, if you bought TuSimple stock back then, you might qualify for payment. The claim deadline is January 31, 2025, so check out the details and file your claim here.

Hope this helps!

Hey guys, any Dada Nexus investors here? I’ve shared details about this settlement before, but with a recent update, I decided to reshare it. This one’s about the financial scandal they faced a few years back.

For those who don’t know: earlier this year, DADA announced that an internal audit had uncovered “suspicious practices” related to revenues from its online advertising and marketing services in 2023. Things escalated quickly with both the CEO and CFO resigning.

When this news broke, it became clear to investors that they could no longer trust the previously stated revenue guidance for the Q4 and full year of 2023. DADA was accused of illegal business practices and reporting false revenue numbers, and investors filed a lawsuit against the company.

The latest update is that DADA has agreed to a $4.8M settlement to resolve the claims. So, if you bought shares back then, it’s worth checking the details to see if you qualify for payment.

What do you think about how DADA handled this? Did anyone here invest during that time, and if so, how much did you lose?

Six months ago, I CORRECTLY predicted Nisun's stock at $3.43. Shortly after, it skyrocketed to $21, delivering a 500-600% return.

Although the stock declined after a disappointing quarter, the original thesis was valid!

Now, I'm turning my attention to Cheer Holding (CHR). The current share price is $2.88, and I believe it has the potential to rise 600-700%.

The entire company is valued at just $29 million, while they hold over $190 million in cash. Furthermore, they recently announced a $50 million share buyback — nearly double their market capitalization.

I predict this stock will climb from $2.88 to $20 within the next 12 months — and possibly even higher.

Revenue and income is stable, and it trades at a PE of 0.8, and a PB at 0.1.

Don't put 100 % of your assets into this one, but for sure do 5 %. So much upside potential, and very little downside, since its already so low.

Link to announcement: https://www.sec.gov/Archives/edgar/data/1738758/000121390024104783/ea0222772-6k_cheer.htm

Hey guys, I guess there are some GDS investors here. They recently settled $3M over claims for its CEO’s undisclosed financial transactions, and the deadline to file a claim is just a month away—January 13, 2025.

Here’s the background: In April 2023, GDS CEO William Wei Huang revealed he was selling shares, which raised concerns about his ownership falling below 5%. This change could affect GDS’s structure, triggering early loan repayments, contract issues, and regulatory challenges.

When this news came out, $GDS fell by almost 4%, and investors sued, claiming the company failed to disclose material risks associated with the CEO’s transactions.

The good news is that the company recently settled and is paying $3M to investors, so if you bought $GDS when all this happened, you can file your claim here.

Did anyone here have $GDS during this time? What’s your take on how the company handled this situation?

Hey guys, here are probably some investors in MF, so I guess this might be useful info for you. It’s about the issues with the Registration Statement they had a few years ago.

For newbies, back in 2022, Missfresh was accused of including inaccurate financial data in its Registration Statement. They delayed their annual report and had an independent Audit Committee checking the data (btw, a few months later it revealed potential inaccuracies in revenue for 2021).

When all of this came out, $MF dropped and investors filed a claim against them.

The good news is that now Missfresh decided to settle $4.9M with investors to resolve this situation. So even if the deadline has passed, if you were an investor back then, you can still file for payment here.

Anyways, did you know about the data issues they had? And has anyone here been affected by this? How much were your losses if so?

Did you see that Michael Burry is making a bold bet on China? He added to his Baba position making it the largest position in his portfolio, also started a position in JD.COM and increased his position in Baidu.

I only own BABA from those three but it is nice to see a super investor making the same bet!

I just wonder if he’s not going to drop everything in his Q4 report. What do you guys think?
https://youtu.be/ljR-sb53dx0

In case you missed it, Alibaba just released its Q2 2024 report with some strong results. Revenue grew 5% year-over-year, and net income soared by 63%. It looks like they’re finally moving past some issues they had a few years ago.

For those who may not know, Ant Group, originally part of Alibaba, was set to launch IPOs on the Shanghai and Hong Kong exchanges back in November 2020. But right before the launch, Chinese regulators shut it down, causing Alibaba’s stock to take one of its largest one-day drops of 13%.

The good news is that Alibaba just decided to settle $433.5M with investors over this situation. So, if you were an investor back then, you can check the information and file for the payment here.

Anyways, what are your expectations for the next quarter? And has anyone here been affected by this scandal back then? How much were your losses if so? 

Hey guys, I posted about the settlement already, but in case you missed it, and since we have updates on it, I decided to post it again. It's about the investigation they had a few years ago over concerns about gaming addiction.

For the newbies: back in 2021, DouYu was investigated by the Chinese Government over concerns about gaming addiction and content. They cooperated with the inspection and conducted an internal review of their content monitoring system. But, just after the news came out, $DOYU fell almost 10%, and investors sued them for the losses.

The good news is that DouYu decided to pay a $2.25M settlement to shareholders and is taking claims for the damages. So if you were affected by this, you can check it out and file for the payment.

Now, the company is having some troubles after the issues with its CEO last year (btw, he got arrested on suspicion of setting up illegal casinos), and its revenue fell 26% in the second quarter — its third consecutive quarterly loss. We’ll see if they can improve these results in the Q3 report. 

Anyways, did anyone have $DOYU back then? If so, how much were your losses?

Hey there, I guess there are some BABA investors here, and this info might be helpful for you. It’s about the 2020 IPO scandal they had a few years ago.

For those who may not know, in 2020, Alibaba was called out for hiding key info about Alipay, its big payment platform, all while hyping up a $34.5 billion IPO. 

But just a few days later, the Financial Times reported that Chinese regulators suspended the IPO because the company didn’t meet the requirements (due to antitrust and anti-unfair competition issues). When this news came out, stocks dropped and investors filed a lawsuit against them.

The good news is that Alibaba just decided to settle $433.5M with investors over this situation. So, if you were an investor back then, you can check the information and file for the payment here.

Anyways, has anyone here been affected by this scandal back then? How much were your losses if so? 

Hey guys, there are probably some investors in Dada Nexus here. I posted about this settlement already, but since we got an update, I decided to post it again. It’s about the financial scandal they had a few years ago.

For newbies, earlier this year, DADA announced that an internal audit had identified “certain suspicious practices” that “may cast doubt on certain revenues from the Company’s online advertising and marketing services in 2023.” And on top of that, its CEO and CFO resigned.

When this news came out, it became clear to investors that they could no longer trust the previously stated revenue guidance for the Q4 and full year of 2023. DADA was accused of illegal business practices and reporting false revenue numbers, and investors filed a lawsuit against the company.

The good news is that DADA decided to settle and is paying $40M to investors for the whole situation. So if you bought DADA back then, you can check the details and file for the payment.

Anyways, has anyone here been affected by this? How much were your losses if so?

Hey guys, I posted about the settlement already, but in case you missed it, and since we have updates on it, I decided to post it again. It's about the investigation they had a few years ago over concerns about gaming addiction.

For the newbies: back in 2021, DouYu was investigated by the Chinese Government over concerns about gaming addiction and content. They cooperated with the inspection and conducted an internal review of their content monitoring system. But, just after the news came out, $DOYU fell almost 10%, and investors sued them for the losses.

The good news is that DouYu recently decided to pay a $2.25M settlement to shareholders and is taking claims for the damages. So if you were affected by this, you can check it out and file for the payment.

Now, the company is having some troubles after the issues with its CEO last year (btw, he got arrested on suspicion of setting up illegal casinos), and its revenue fell 26% in the second quarter — its third consecutive quarterly loss. 

Anyways, did anyone have $DOYU back then? If so, how much were your losses?

What is everyone's opinion on investing in XYF & JFIN stock? Is it a good investment? What is the bull and bear case? I notice they stocks have low valuation ratios.

Hey guys, there are probably some investors in Dada Nexus here, so I guess this might be useful info for you. It’s about the financial scandal they had a few years ago.

For newbies, earlier this year, DADA announced that an internal audit had identified “certain suspicious practices” that “may cast doubt on certain revenues from the Company’s online advertising and marketing services in 2023.” Not only that, but its CEO and CFO resigned.

With this new info, it became clear to investors that they could no longer trust the previously stated revenue guidance for the Q4 and full year of 2023. DADA was accused of illegal business practices and reporting false revenue numbers, and investors filed a lawsuit against the company.

The good news is that DADA agreed to pay investors for the whole situation. So if you bought DADA back then, you can check the details and file for the payment.

Anyways, has anyone here been affected by this? How much were your losses if so?

Hey guys, I posted about this settlement already, but since the deadline is in two weeks, I decided to post it again. It’s about the issues with the Registration Statement they had a few years ago.

For newbies, back in 2022, Missfresh was accused of including inaccurate financial data in its Registration Statement. Basically, they delayed the Annual Report Presentation and a few months later revealed potential inaccuracies in revenue for 2021. When all of this came out, $MF dropped and investors filed a claim against them.

The good news is that now Missfresh decided to settle $4.9M with investors to resolve this situation. Deadline is in two weeks, so if you were one of those damaged investors, you should definitely check it out.

Anyways, did you know about the data issues they had? And has anyone here been affected by this? How much were your losses if so?

If you see the friday chart a Discord group pumped the stock up after short sellers bought 4 million shares.

10000 shares is only $600 WTO acquired Bowen Therapeutics Check out the stocktwits link for all information on the acquisition

There is 2 people with 1 million dollars invested Reverse split will not happen at this price

Buy the stock do not sell

China Ping An is taking advantage of its major shareholder position and its capital advantage, engaging in deceptive tactics by saying one thing and doing another, thereby greatly misleading minority shareholders. Now, they are delaying the announcement of the privatization plan for the second time, using various insider tactics to create a sense of panic, with the intention of driving down Lufax’s stock price to a level they are satisfied with, essentially placing minority shareholders on the chopping block!

Minority shareholders are about to be cornered, but no matter how faint our voice may be, we must speak out:

“Everyone, let‘s fight back!”

All investors must unite!

We oppose the major shareholder taking advantage of the situation to drive down the stock price, buy more shares at a low price, and acquire the company cheaply, harming the interests of other shareholders!

The stock price has dropped by 98%, and we won’t sell a single share! We strongly oppose the major shareholder’s attempt to privatize Lufax at a low price!

Hey guys, here are probably some investors in TSP, so I guess you already know about the safety scandal TuSimple had a few years ago. Well, I have an update on this.

For newbies, back in 2022, TuSimple was accused of rushing the testing of its autonomous driving technology in order to deliver driverless trucks to the market ahead of its more safety-conscious competitors. This move to achieve schedules brought a lot of safety concerns. And when this news came out, TSP fell and investors filed a lawsuit against them.

The good news is that now TuSimple has decided to pay a $189M settlement to investors to resolve this situation. So, if you got hit back then, you can check here if you are eligible and file for the payment.

Anyways, has anyone here been affected by this? How much were your losses if so?

Does anyone own the stock LU? Let’s keep in touch!

Guys, Chinese stocks listed in the U.S. are so undervalued. Aren't you tempted? What do you think?

Hey guys, here are probably some investors in MF, so I guess this might be useful info for you. It’s about the issues with the Registration Statement they had a few years ago.

For newbies, back in 2022, Missfresh was accused of including inaccurate financial data in its Registration Statement. Basically, they delayed the Annual Report Presentation and had an independent Audit Committee checking the data (btw, a few months later revealed potential inaccuracies in revenue for 2021). When all of this came out, $MF dropped and investors filed a claim against them.

The good news is that now, Missfresh decided to settle $4.9M with investors to resolve this situation. So if you were an investor back then, you can check it out and file for the payment.

Anyways, did you know about the data issues they had? And has anyone here been affected by this? How much were your losses if so?

Hey guys, here are probably some investors in Full Truck, so I guess this might be useful info for you. It’s about the cybersecurity setbacks they had a few years ago.

For newbies, back in 2021, Full Truck Alliance was accused of hiding upcoming cybersecurity reviews in China for their apps. The problem with this review was that it required stopping new users' registrations until they improved the security system. So, when this news came out, $YMM dropped, and investors filed a sue against them.

The good news is that, after all this time, $YMM decided to pay a $10.25M settlement to investors to solve this situation. And they´re accepting claims even after the deadline. So, if someone's late on this, you still can file for it. 

Hey guys, maybe there are some DOYU investors here — I found some good news for you. It's about the investigation they had a few years ago over concerns about gaming addiction.

For the newbies: back in 2021, DouYu was investigated by the Chinese Government over concerns about gaming addiction and content. They cooperated with the inspection, and conducted an internal review of their content monitoring system. But the news hit them hard, $DOYU fell almost 10%, and investors sued them for the losses.

The good news is that DouYu recently decided to pay a $2.25M settlement to shareholders for the damages. So if you were affected by this, you can check it out and file for the payment.

Anyways, did anyone have $DOYU back then? If so, how much were your losses?

• SunCar has built an innovative cloud service and mobile app that digitalize the automotive aftermarket and eInsurance sectors in China.
• SunCar’s cloud platform is critical to China’s EV manufacturers as it delivers leading technology, a user-friendly mobile App, and China-wide scope.
• In FY 2023 SunCar registered almost 30% overall revenue growth and 80% growth in its auto eInsurance business.
• China's EV manufacturers primarily use Direct-to-Consumer models and rely on SunCar's digital platform and mobile app to deliver over 300 aftermarket services and eInsurance.
• SunCar recently reported positive Adjusted EBITDA showing a commitment to profitability while still investing in growth.

Yiren Digital Ltd., a leading fintech platform in China, released their Q1 2024 earnings report showcasing impressive year-over-year revenue growth and robust cash flow. The company's strategic focus on AI integration continues to yield positive results, particularly in their loan facilitation and customer acquisition efforts.

Key Highlights:

* Solid Revenue Growth: Revenue climbed by 14% year-over-year, reaching RMB 486 million, driven by strong performance across various business segments.

* Robust Cash Flow: Net cash from operating activities surged by 62% compared to the previous year, reaching approximately RMB 632 million.

* Healthy Balance Sheet: Yiren Digital boasts a strong cash position with RMB 5.9 billion in cash and cash equivalents, providing ample financial flexibility.

* Share Repurchase Program: The company remains committed to returning value to shareholders, deploying $2.1 million for share repurchases in Q1, bringing the total to $9.5 million by March 31, 2024.

* Positive Q2 Guidance: Revenue is projected to be between RMB 1.4 billion to RMB 1.6 billion with a healthy net profit margin, reflecting continued momentum.

AI Integration Drives Growth:

* Loan Facilitation Gains: AI integration within the loan facilitation business led to a significant 60% increase in total loan volume in international markets.

* Customer Acquisition & Telemarketing: AI-driven improvements in customer acquisition and telemarketing efforts yielded impressive results, with over 400,000 daily phone calls being handled by intelligent robots.

Strategic Outlook:

* Yiren Digital is actively exploring strategic investments and partnerships to further accelerate growth and expand its market presence.

* The company remains cautiously optimistic about the life insurance sector, closely monitoring the evolving regulatory landscape.

Source: https://earnings-summary.streamlit.app/?c=r&t=YRD

While Yiren Digital's AI initiatives demonstrate significant potential, how sustainable is their reliance on AI-driven growth in the long term, considering potential regulatory changes and technological advancements in the Chinese market?

Hi all, I am writing my thesis and dissertation in the university and I do a research with a survey about traders my main goal is to prove that emotions are the main reason for losses when trading and investing. It takes 2 minutes to fill it out and it would help me a lot! https://docs.google.com/forms/d/e/1FAIpQLSfmaa8KZXqDUYwwnP7VSyGVBdOHpXzEgRHah686zL3Z3LYxpw/viewform?usp=sharing

Thanks in advance for everyone who fills it out!