Yahoo Finance Live anchors discuss reports that Chinese financial regulators had plans to revive Ant Group’s IPO.
Despite already having rallied in the early part of the week, Chinese tech companies Didi Global (NYSE: DIDI), Baozun (NASDAQ: BZUN), and GDS Holdings Limited (NASDAQ: GDS) skyrocketed again today, up 14.3%, 12.5%, and 8.8%, respectively, as of 1:31 p.m. ET. Didi is a ride-sharing platform, Baozun is a software and logistics company that helps brands go direct to consumers with e-commerce, and GDS runs data centers for large internet, financial, and cloud companies.
Good morning, ladies and gentlemen, and thank you for standing by for Baozun's first quarter 2022 earnings conference call. Mr. Qiu will review the business operations and company highlights, followed by Mr. Yu, who will discuss financials and guidance.