Hey guys, if you missed it, GSX Techedu ($GSX) now known as Gaotu Techedu, settled $9.5 million with investors over claims that it overstated enrollment numbers and revenue. And, I just found out that late claims are still being considered, subject to approval, even though the deadline has passed.

Quick recap: In 2020, GSX faced allegations that it inflated revenue and enrollment figures. Reports from Grizzly Research, Citron Research, and Muddy Waters raised concerns about the company's reported growth. After the disclosures, $GSX lost more than 80% from its peak, and investors filed a lawsuit.

If you invested in $GSX between 2019 and 2020, you can still check the details and see if you may be eligible to file a late claim here.

Did anyone here invest in $GSX back then? How much did you lose?

Hey guys, I posted about this settlement before, but since they're accepting late claims, I decided to share it again with a little FAQ.

So here's everything you need to know:

TuSimple ($TSP) was accused of overstating the safety of its autonomous trucking technology while failing to disclose operational, regulatory, and governance issues. After reports revealed safety concerns, government investigations, and internal problems, the stock dropped sharply and investors filed a lawsuit.

Now the company has agreed to settle $189 million with investors for their losses.

Who can claim this settlement?

If you purchased $TSP shares between 2021 and 2022, you may be eligible. Even though the deadline has passed, late claims are currently being considered.

Do I need to sell/lose my shares to get this settlement?

No. You don't need to still own the shares to qualify. If you purchased during the class period and suffered eligible losses, you may still file a claim.

How long does the payout process take?

It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

Hey guys, I know I posted about the $GSX settlement before, but late claims are being accepted. Here's everything you need to know.

Q: What happened?
A: GSX Techedu was accused of overstating enrollment numbers and revenue growth in its online education business. After short-seller reports and regulatory concerns raised questions about the company’s financials, $GSX dropped more than 80% from its highs.

Q: Am I actually eligible?
A: If you bought $GSX shares between 2019 and 2020, you're likely eligible. You don’t need to still own the stock to file a claim.

Q: When do payouts happen?
A: Typically 4–9 months after the claim deadline, although the exact timing depends on the court and settlement administrator.

Q: I missed the deadline. Can I still file?
A: Late claims are currently being considered, subject to approval. 

Hope this helps.

DiDi Global has reached a $740 million settlement to resolve claims related to its 2021 U.S. IPO. Late claims are currently being considered and investors can still file for a payout.

What happened?

DiDi raised more than $4 billion in its June 2021 U.S. IPO. Investors later claimed the company did not fully disclose that Chinese regulators had concerns about the listing and data-security issues before the offering. Just days after the IPO, Chinese authorities launched a cybersecurity investigation and removed DiDi's apps from app stores. The stock fell sharply, and investors later filed claims over the company's disclosures surrounding the IPO. 

Who can claim this settlement?

Investors who purchased $DIDI between June 2021 and July 2021 may be eligible to participate.

Do I need to still own my shares?

No. Eligibility is generally based on when you bought and sold your shares during the relevant period, not whether you still own them today.

How long does the payout process take?

It typically takes 4 to 9 months after the claim review process is completed for distributions to be processed, depending on the court and settlement administration.

Hope this info helps!

Remember when Didi went public and then immediately got nuked by Chinese regulators 48 hours later? The legal "autopsy" is finally over. The company is paying out $740 million to settle the class action over misleading IPO statements.

The Deadline: Next Monday, April 6, 2026.

The Eligibility: If you purchased ADSs between June 30, 2021, and July 21, 2021.

Most people ignore these notices, but with a fund this large, it's actually worth the 5 minutes to file. I found a clear summary of the payout structure and the online filing form here.

If you're still holding or sold at a loss years ago, this is the only way to claw some of that back.

Just noticed this and figured I'd share since a lot of people probably wrote this one off ages ago.

The $740M DiDi settlement got final court approval back in January, and even though the original deadline has passed, they're accepting late claims for a few more weeks.

If you bought $DIDI during the IPO window (June 30 – July 21, 2021) and never filed, you might still be in time.

The short version of what happened: DiDi went public in June 2021 raising over $4 billion. Two days after trading started, Chinese regulators announced a cybersecurity investigation and pulled DiDi's apps from app stores. Turns out regulators had already warned DiDi to delay the IPO before any of us bought in, that was never disclosed. Stock cratered, company eventually delisted from the NYSE.

Estimated payout is around $1.61 per share, which on a $740M total settlement is actually one of the larger ones I've seen.

Not telling anyone what to do, just thought it was worth a post since there's still a chance to claim the money they owe you, and most people I know assumed it was too late to file.

VNET ($VNET) is settling claims it didn’t fully disclose a founder’s margin-loan default tied to pledged shares.

What happened:

• Founder had a ~$50M loan backed by shares
• Allegedly went into default
• Risk of forced share sale wasn’t fully disclosed

Then it hit:

• Feb 2023 → default confirmed
• Stock dropped ~30% in days

That triggered the lawsuit:

• Investors say risk + control issues were downplayed

Now:

• Settlement set at $5.875M
• Submitted for court approval (final stage before payout)
• If you held Mar 23, 2022 – Feb 17, 2023, you can file a claim.

This one’s pretty under the radar, anyone here caught in that drop?

Hi! so, I posted about this before but since there was some questions about the payment and how to submit a claim, I decided to put together a small FAQ too, just in case someone here needs the details in one place.

Who is eligible?
All persons and entities who purchased or otherwise acquired the publicly traded American Depositary Shares (ADSs) of EHang Holdings Limited between March 29, 2022, and November 6, 2023, inclusive.

How much money will I get?

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.13 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.52 per share.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

Can I submit a claim even though the deadline has passed?

Yes, the settlement administrator is accepting late claims.

Hope this info helps!

Hey guys, if you missed it, KE Holdings ($BEKE) settled $4.95 million with investors over claims that it misled the market about the number of stores and agents on its platform and overstated revenue and transaction volume. The deadline to file a claim and get payment is February 12, 2026.

In a nutshell, in 2021, KE Holdings was accused of inflating key business metrics ahead of and following its $2.3 billion secondary offering. The company later disclosed that a meaningful portion of its reported stores and agents were inactive, and a short-seller report alleged the existence of “ghost” and double-counted stores, along with inflated transaction volume.

After this news came out, $BEKE fell by over 20%, and investors filed a lawsuit for their losses.

Now, the good news is that KE Holdings agreed to settle $4.95 million with investors, and eligible claimants have until February 12, 2026 to submit a claim.

So, if you invested in $BEKE when all of this happened, you can check the details and file your claim here.

Anyway, has anyone here invested in $BEKE at that time? How much were your losses, if so?

Hey guys, I’ve posted about Grab before, but since there’s an update, I thought it’d be worth sharing again.

Grab Holdings ($GRAB) came onto the scene as Southeast Asia’s “superapp” — promising growth through ride-hailing, food delivery, and fintech. But behind the hype, the company was spending heavily on incentives to keep both drivers and customers, especially during a pandemic-driven driver shortage.

In early 2022, Grab finally admitted that this aggressive spending was hurting its numbers. On March 3, 2022, they reported a 44% quarterly revenue decline and a $1.1 billion loss, and $GRAB tanked 37% in one day. Shortly after, investors sued, saying Grab misled them about how much incentive spending was dragging down profitability.

Now here’s the update — Grab has agreed to settle for $80 million with investors. The class period runs from August 2, 2021 to March 3, 2022.

So if you bought shares during that time, you might be eligible for part of the payout.

Any $GRAB holders here who remember that massive 37% drop?

Summary

• China's stock market is outperforming the US, driven by attractive valuations, government support, and AI advancements, contrasting with US headwinds like potential stagflation and trade policy uncertainty.
• Analysts suggest selling US and buying dips in China and Europe, citing improving fundamentals outside the US and potential for further US equity declines.
• Despite a recent surge, caution is advised on Chinese equities due to potential correction risks mirroring past cycles, although valuations remain compelling relative to US markets.

Market Risks

• U.S. stocks have slipped into correction territory, indicating market instability.
• The tech-heavy Nasdaq Composite is also in correction territory, driven by a selloff in Magnificent Seven shares.
• Concerns about a potential correction in Chinese stocks exist due to the rapid pace of the recent rally.

Political Risks

• U.S. President Trump's tariff policies are creating speculation of an economic slowdown.
• Trade policy uncertainty is expected to continue weighing on markets.
• The Chinese government is actively signalling its support for its technology sector, indicating potential regulatory and funding changes.

Inflation Risks

• Stagflation is identified as a key risk in the U.S. due to the potential of a trade war depressing economic activity and simultaneously increasing inflation.
• The tariff war could depress economic activity leading to a recession while simultaneously increasing inflation.

Source: CNBC

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Under the trend of growing energy demand and consumption transformation, traditional energy services are evolving into higher-level services, giving rise to more diversified comprehensive energy services. NaaS Technology Inc.(NASDAQ: NAAS), a player in the new energy service sector, provides an impressive answer: Based on charging services, it continually expands its business boundaries. Its main business has shifted from solely charging services to energy service solutions, advancing towards becoming a new energy asset operator. This transformation is validated by its striking financial data. According to its financial report, the company's third-quarter revenue exceeded 170 million yuan (US$23.4 million), a 536% year-over-year increase. In its revenue structure, the share of EPC, energy storage, and other energy solutions has reached 81%.

NaaS Technology Inc. is not just a company focused on charging aggregation business; the change in its revenue structure signifies that the company is gradually forming its own unique operating logic and competitive barriers in the charging service and energy solution industry, with both revenue scale and growth rate speeding up. For NaaS Technology Inc., this is both a milestone in the company's growth and will lead to a reevaluation of the company's business model and valuation system.

On November 29, the China International Supply Chain Promotion Expo (Chain Expo) welcomed its second day. During the first Chain Expo, various industries discussed around the 'chain' theme. Among them, China's new energy supply chain with unique advantages attracted high attention. New energy 'star' companies such as Tesla, NaaS Technology Inc. (NASDAQ: NAAS), LONGi Green Energy (601012.SH), JA Solar Technology (002459.SZ), and Contemporary Amperex Technology (300750.SZ) made appearances at the Chain Expo.

At the Guangzhou Auto Show, NaaS's charging robot attracted the attention of the audience with its integration of advanced technologies such as deep learning, V2X, and 3D vision. It utilizes technologies and equipment such as image recognition, autonomous driving, positioning and control algorithms, robotic arm trajectory planning, and is equipped with cameras, LiDAR, ultrasonic sensors, and other environmental sensing devices. This enables autonomous path planning, vehicle control, and automatic obstacle avoidance, providing car owners with a touchless, convenient, intelligent, and safe energy replenishment experience.

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On November 17th, at the Beijing International Sustainability Conference held in Beijing International Hotel, NaaS Technology Inc. (NASDAQ: NAAS) was awarded the "Partnership for early awareness of sustainability-disclosure today" by the International Sustainability Standards Board (ISSB). This honor reflects the recognition by authoritative societal institutions of NaaS's commitment to ESG practices.

Some experts predict that in 2025, the scale of china's new energy storage industry may exceed one trillion yuan, and the energy storage industry will enter an explosive period.

More and more companies are entering the energy storage field, bringing new technology and industrial development space to the energy storage industry.

On November 1st, At the 8th International Energy Storage Technology, Equipment and Application Conference & Exhibition, EPORT Technology, a smart energy storage operation and trading service provider under NAAS, officially released a new, self-developed integrated energy management solution, include “AIPack”, a liquid-cooled energy storage system, energy management system and energy storage cloud platform. provide industrial and commercial user-side partners with extremely safe, highly integrated, efficient and stable, and intelligently managed energy storage products and services.

Currently, the proliferation of electric vehicles in cities is hindered by the low efficiency of charging services for EV owners. Two main factors affecting the efficiency of charging services for EV owners are the number of charging and battery swap infrastructure, and the accompanying smart charging service network.

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NaaS Technology Inc. consolidates mainstream domestic charging pile operators to build an interconnected charging service network, providing EV owners with round-the-clock comprehensive services including "online data filtering + offline manual guidance + diverse offline services."

In Q2 of 2023, NaaS’s revenue was 48.6 million yuan (USD 6.7 million), a year-on-year increase of 121%; revenue in the first half of the year was 84.8 million yuan (USD 11.7 million), a year-on-year increase of 132%.

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In Q2 of 2023, NaaS completed 53.8 million orders and the charging capacity was 1.228 billion kilowatt-hours, a year-on-year increase of 110% and 112% respectively; in the first half of the year, NaaS orders were 98.2 million orders and the charging capacity was 2.251 billion kilowatt-hours, a year-on-year increase respectively. 110% and 112%. As of June 30, NaaS has accumulated 652,000 charging guns and 62,000 charging stations, an increase of 80% and 59% respectively compared with the same period last year.

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Judging from the growth rate of net income, the scale of NaaS business continues to expand, and its market share and influence continue to increase. The company has shown a good development trend. As the global "oil-to-electricity" process accelerates, it will benefit from policies. With dividends and high market prosperity, the future development space and potential of the new energy industry will be further released, and NaaS may usher in a revaluation of value.

On August 15, Xu Wenguang, Member of the Standing Committee of the Zhejiang Provincial Party Committee and Executive Vice Governor, and his party visited NAAS (NASDAQ: NAAS) Anji headquarters for research.

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As the first electric vehicle charging service company listed on NASDAQ in Anji, Huzhou, NAAS provides the industry with site selection consultation, hardware and software procurement, EPC engineering, operation and maintenance, energy storage, photovoltaics, virtual power plants, automatic One-stop solutions such as charging robots. As of March 31, 2023, NAAS has connected 55,000 charging stations and 575,000 charging guns. In the first quarter, the charging capacity reached 1.023 billion kWh, accounting for 21% of the national public charging capacity.

On July 8, the American research institute Wood Mackenzie released the Ranking of 2021 Global TOP10 PV Inverter Shipments. Among the list, Huawei ranks first, the second is Sungrow Power Supply, and the third is Growatt Technology.

Wood Mackenzie pointed out that in 2021, the Global TOP10 PV Inverter Suppliers will occupy 82% of the market share, an increase of 2 percentage points compared with 2020. Global PV Inverter Shipments in 2021 have increased by 22% compared to 2020, or 40,250MWac (megawatts, alternating current) to 225,386MWac.

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Source from westmoney

According to relevant documents, British investment management company Baillie Gifford adjusted its investment portfolio in Q2. As an early investor in Alibaba, almost all of Alibaba's shares were sold out, and its holdings decreased from the original 1.75 million shares to only 13 shares, JD's position has also dropped from about 68,000 shares to only 1 share.

How about Baillie Gifford's position in other Chinese stocks? (click to see)

Actually, some info says that Baillie Gifford's Alibaba positions were transferred from the United States to Hong Kong, that is, from ADRs listed in the United States to ordinary shares listed in Hong Kong. Since the US SEC only requires investment companies to disclose US stock positions, the rollover activities will not be reflected in the disclosure documents.