Xunlei to acquire Hupu for RMB 500M
Acquisition Announcement: Xunlei has agreed to acquire Shanghai Kuanghui Internet Technology, which runs Hupu, for RMB500M, pending certain adjustments and conditions.
Market Position and Timeline: Hupu is recognized as China's leading sports media and data platform, with the transaction expected to close in the first half of 2025.
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Daily Upgrade Report for Validea Motley Fool Strategy - August 22, 2025
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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.
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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.
