Cango

Yahoo Finance • 4 days ago

Cango Inc. (CANG) Hits 50 EH/s Mining Capacity, Solidifying Crypto Leadership

In this article, we will be taking a look at the 13 Best Manufacturing Stocks to Buy Right Now. Cango Inc. is one of them. Cango Inc. (NYSE:CANG), traditionally a platform for automotive transaction services, has rapidly transformed into... Full story

Yahoo Finance • 25 days ago

Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading

Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premiu... Full story

Yahoo Finance • 26 days ago

Trump to impose tariffs on semiconductor imports from companies not moving production to the US

U.S. President Donald Trump said on Thursday that his administration would impose tariffs on semiconductor imports from companies not shifting production to the U.S. “Yeah, I have discussed it with the people here. Chips and semiconductor... Full story

Yahoo Finance • 2 months ago

Cango buys 50 MW Bitcoin mining facility in Georgia

[Olsztyn, Poland 13 July 2021. Golden bitcoin coin over defocused stock chart] Nastco * Cango (NYSE:CANG [https://seekingalpha.com/symbol/CANG]) Monday announced [https://seekingalpha.com/pr/20195612-cango-inc-acquires-50-mw-bitcoin-min... Full story

Yahoo Finance • 3 months ago

Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Monday Trading

Asian equities traded in the US as American depositary receipts opened the week marginally lower Mon PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premiu... Full story

Yahoo Finance • 3 months ago

Cango’s bitcoin production slips in June

* Cango (NYSE:CANG [https://seekingalpha.com/symbol/CANG]) produced 450 bitcoins at an average operating hashrate of 29.92 EH/s in June 2025, compared to 484.5 bitcoins produced in the prior month. * As of June-end, the company held 3,... Full story

Yahoo Finance • 3 months ago

Cango reports fourth amendment to share-settled acquisition of crypto mining assets

* Cango (NYSE:CANG [https://seekingalpha.com/symbol/CANG]) announced [https://seekingalpha.com/pr/20143739-cango-inc-announces-fourth-amendment-to-share-settled-crypto-mining-assets-acquisitions] on Monday that it has entered into the fo... Full story

Yahoo Finance • 3 months ago

Cango announces fourth amendment to crypto mining assets deal

HONG KONG - Cango Inc. (NYSE:CANG), a $462 million market cap company currently trading at $4.45, has entered into a fourth amendment to its November 2024 agreement for the acquisition of crypto mining machines with a combined hashrate of... Full story

Yahoo Finance • 4 months ago

Cango Sheds Chinese Operations In Pivot To Global Bitcoin Mining

Cango Inc. (NYSE:CANG) has sharpened its focus on cryptocurrency mining through a sweeping overhaul of its operations, ownership, and leadership. The Hong Kong-based firm exited its legacy business in mainland China, added new shareholder... Full story

Yahoo Finance • 4 months ago

Cango co-founders to sell 10M class B shares

* Cango (NYSE:CANG [https://seekingalpha.com/symbol/CANG]) company's co-founders, Mr. Xiaojun Zhang and Mr. Jiayuan Lin and their holding companies to sell [https://seekingalpha.com/pr/20122223-cango-inc-announces-definitive-agreement-wi... Full story

Yahoo Finance • 5 months ago

Apollo Insights Initiates Coverage of Cango Inc.

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Apollo Insights, an independent equity research firm, has initiated coverage of Cango Inc. (NYSE: CANG) highlighting Cango's move into bitcoin mining, market analysis and prospects. Click Her... Full story

Yahoo Finance • 3 years ago

Cango Inc. Reports Third Quarter 2022 Unaudited Financial Results

SHANGHAI, Nov. 29, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the third quarter of 2022. Third Q... Full story

Yahoo Finance • 3 years ago

Why Cango Stock Was Soaring Earlier Today

Shares of Cango (NYSE: CANG) were up 10.6% as of 1:22 p.m. ET on Wednesday after the Chinese automotive transaction service platform operator declared a special dividend to shareholders on Tuesday. The dividend was set at $0.50 per ordinar... Full story

Yahoo Finance • 3 years ago

Cango Inc (CANG) Q2 2022 Earnings Call Transcript

Joining us today are Mr. Jiayuan Lin, chief executive officer; and Mr. Michael Zhang, chief financial officer of the company. With that said, I am now turning the call over to Mr. Jiayuan Lin, CEO of Cango.... Full story

Yahoo Finance • 3 years ago

Cango (NYSE:CANG) Will Want To Turn Around Its Return Trends

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capit... Full story