Stock Alert: Boqii Touches New 52-week High

By RTTNews Staff Writer   ✉   | Published:

Shares of Boqii Holding Limited (BQ), a pet-focused platform in China, are rising more than 11 percent or $1.10 in Friday's morning trade at $10.63, after hitting a new 52-week high of $10.87 and following strong gains in recent sessions.

Frida, Boqii said it has appointed Kai Fang as the company's Chief Strategy Officer, effective immediately. Fang has over 15 years of capital market experience in top financial institutions.

Prior to joining Boqii, Fang served as a Managing Director and the Head of Financial Sponsors Group in CITIC CLSA. Before that, he also held senior roles in equity capital markets division at BofA Merrill Lynch and China Renaissance.

Boqii has traded in a range of $4.06 to $10.87 in the past 52 weeks.

For comments and feedback contact: editorial@rttnews.com

Business News

Previous Story
Next Story
Editors Pick
Intel To Investigate Hack Of Earnings Results
Intel Corp. said it is probing into the hack of its fourth-quarter earnings report that prompted the chipmaker to release its earnings statement ahead of schedule. The company, which was scheduled to release the results after the market closed, released it before the market closing on Thursday.
Alphabet To Ground Internet Balloon Project Loon
Google parent Alphabet decided to drop its Internet balloon project Loon that was launched with the idea of providing Internet access to rural areas and providing last mile connectivity. In a blog post, Loon CEO Alastair Westgarth said they have not found a way to get the costs low enough to build a long-term, sustainable business, despite gaining a number of interested partners along the way.
American Airlines Begins Home Delivery Service For Onboard Wines
American Airlines announced the launch of Flagship Cellars, its home delivery service for premium wines usually available onboard. The airline's move is said to be due to the excess wine it has amid the weakness in air travel demand following the coronavirus pandemic crisis. The company expects the new at-home wine program to generate about $40,000 to $50,000 in sales during the first quarter.