ChinaCache (CCIH)

QUOTE AND NEWS
StreetInsider.com  Aug 20  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/ChinaCache+International+%28CCIH%29+Reports+Q2+EPS+of+RMB0.26%3B+Appoints+New+CFO/9769210.html for the full story.
SeekingAlpha  Aug 20  Comment 
By Stone Fox Capital: After a period of high spending in order to capture market share, ChinaCache (NASDAQ:CCIH) is back to reporting solid bottom line numbers. The leading provider of CDN and application delivery services in China reported that...
SeekingAlpha  Aug 20  Comment 
By SA Transcripts: Start Time: 20:07 End Time: 21:01 ChinaCache International Holdings Ltd. (NASDAQ:CCIH) Q2 2014 Earnings Conference Call August 19, 2014 08:00 PM ET Executives Song Wang - Founder, Chairman and CEO Ken Zhang -...
newratings.com  Aug 20  Comment 
BEIJING (dpa-AFX) - ChinaCache International Holdings Ltd. (CCIH), a solutions provider of Internet content and application delivery services, reported Tuesday that its second-quarter net income attributable to ordinary shareholders was RMB6.9...
StreetInsider.com  May 16  Comment 
WWE (NYSE: WWE) 42.2% LOWER; announced that it has reached a multi-year agreement in principle with NBCU for the renewed U.S. licensing of WWE’s flagship programs and ratings juggernauts Raw and SmackDown. Given the anticipated increase in...
SeekingAlpha  May 16  Comment 
ChinaCache International Holdings Ltd. (CCIH) Q1 2014 Results Earnings Conference Call May 15, 2014 8:00 p.m. ET Executives Edith Kwan – Director, IR Song Wang – Founder, Chairman and CEO Ken Zhang – President Jing An –...
newratings.com  Apr 9  Comment 
BEIJING (dpa-AFX) - ChinaCache International Holdings Ltd. (CCIH) announced Friday that it has signed a framework agreement with People.cn , a large-scale information interaction platform constructed by People's Daily, relating to ChinaCache...
StreetInsider.com  Mar 25  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/ChinaCache+%28CCIH%29+Gains+After+Announcing+Strategic+Partnership+With+China+Telecom+for+CDN+Deployment/9313606.html for the full story.




 
TOP CONTRIBUTORS

ChinaCache (NASDAQ:CCIH) is a Chinese company which provides internet content and application delivery services to governments and businesses in China. The company owns a series of networks, servers, and software which allow them to host and serve websites and web applications for organizations whose audiences are in China. Unlike most other internet delivery services, ChinaCache is internet carrier neutral and has networks which are interconnected to all carriers.[1]

The company hopes that the rise of China's middle class and the increased broadband internet connection in China will foster growth. According to the market research firm Frost & Sullivan, the internet content and application delivery market is expected to continue to grow by a compounded annual gross rate of 28.3% from $1.3B in 2009 to $2.3B in 2012.[2]

The company's initial public offering of stock on the NASDAQ and occurred on September 30, 2010. Its initial price range was $10-$12, and the stock priced far above the range at $13.90. The company sold 6M ADS shares and raised $84M. The lead underwriters were Bank of America (BAC) and Deutsche Bank AG (DB).[3]

The company's 2009 total revenue was 272M RMB, which represents a 6.5% drop from the 2008 figures of 291M RMB. However, the company was able to significantly cut its cost of revenue. This caused net loss to improve from -152M RMB to -39M RMB.[4]

References

  1. CCIH F-1 2010 "Our Business" pg. 1
  2. CCIH F-1 2010 "Our Industry" pg. 2
  3. Renaissance Capital - IPO "SciQuest prices IPO at $9.50, at low end of the range" 24 Sept 2010
  4. CCIH F-1 2010 "Summary Consolidated Financial Data and Operating Data" pg. 10
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