Xunlei closes acquisition of Hupu
Acquisition Details: Xunlei has completed the acquisition of Shanghai Kuanghui Network Technology, which operates Hupu, for a total cash consideration of RMB500 million.
Payment Structure: Xunlei has initially paid RMB400 million and will pay the remaining RMB100 million in two installments over the next two years.
Get Free Real-Time Notifications for Any Stock
Analyst Views on XNET
About XNET
About the author
Daily Upgrade Report for Validea Motley Fool Strategy - August 22, 2025
Validea's Small-Cap Growth Investor Model: The model, based on Motley Fool's strategy, identifies small-cap growth stocks with strong fundamentals and price performance.
StealthGas Inc. (GASS): This water transportation company saw its rating increase from 41% to 72%, indicating improved fundamentals and valuation; it operates a fleet of LPG carriers and other petroleum transport vessels.
Xunlei Ltd (ADR) (XNET): A software and programming small-cap stock that improved its rating from 67% to 87%, focusing on distributed cloud services and digital media content management.
About Motley Fool and Validea: Motley Fool, founded by David and Tom Gardner, provides investment insights, while Validea offers research based on legendary investors' strategies for long-term market outperformance.
Coty, Bilibili, Canadian Solar, and Other Major Stocks Decline in Thursday's Pre-Market Trading
U.S. Stock Futures: U.S. stock futures are down, with Dow futures dropping approximately 100 points on Thursday morning.
Coty Inc. Performance: Coty Inc. reported mixed fourth-quarter results, with revenue of $1.25 billion exceeding estimates but an adjusted loss of 5 cents per share falling short of expectations, causing shares to plummet 21.4% in pre-market trading.
Other Stocks Declining: Several other stocks also saw declines in pre-market trading, including Canadian Solar Inc. (-9.3%), Shineco, Inc. (-8.3%), and Rocket Pharmaceuticals, Inc. (-5.1%).
Market Trends: The overall market sentiment appears negative as multiple companies report disappointing earnings or guidance, leading to significant drops in their stock prices.
