'Fast Money' Recap: How Alibaba Is Hitting Momentum Stocks
at The Street - Tue Sep 16, 4:00AM CDT
The trading panel discussed Chinese stocks, Apple's new phone and whether Darden shares are worth buying.
Alibaba Set For World's Top IPO As China Giant Preps
at Investor's Business Daily - Mon Sep 15, 4:36PM CDT
Alibaba Group is positioned to be the largest IPO ever, and to hear Joseph Tsai, executive vice chairman, talk about the Chinese Internet giant, it's just the beginning. "We are only at the start of our journey, with many growth opportunities ahead...
Why China Petroleum & Chemical (SNP) Stock Is Down Today
at The Street - Mon Sep 15, 7:36AM CDT
The company said it will sell a stake in its fuel retailing business for 107 billion yuan ($17.5 billion), a price lower than analysts estimated.
IPO Stock Watch: Alibaba Stock Demand Strong Pre-IPO
at Investor's Business Daily - Fri Sep 12, 1:06PM CDT
Alibaba Group (BABA) is set to be the largest U.S. IPO ever, potentially raising more than $21 billion and carrying a market value of more than $162 billion. For comparison, Amazon.com's market cap is near $152 billion. Demand for Alibaba stock among...
IPO Stock Watch: Weibo Gains From Microblogging Memo
at Investor's Business Daily - Thu Sep 11, 5:03PM CDT
Weibo (WB) stock surged to a new high Thursday amid reports that China's State Internet Information Office issued a memo requesting government offices use microblogging services to communicate with the public. Weibo runs a Chinese-language...
Can Facebook’s WhatsApp Really Reach 3 Billion Users?
Leo Sun, The Motley Fool - Motley Fool - Tue Sep 09, 2:15PM CDT
Facebook CEO Mark Zuckerberg recently claimed that WhatsApp, the mobile messaging app his company is acquiring for $19 billion, will eventually reach "two to three billion people." That would make the service bigger than Facebook, which has 1.3...
5 Things Qihoo 360's Management Wants You to Know
Adam Levy, The Motley Fool - Motley Fool - Thu Sep 04, 12:38PM CDT
Shares of Qihoo 360 declined more than 10% after the company reported its second-quarter earnings for 2014 late last month. Although both top- and bottom-line results beat analysts' estimates, concerns over the company's diminishing margins...
China Rallies As Economic Data Suggest Economic Shift
at Investor's Business Daily - Wed Sep 03, 5:12PM CDT
China's markets surged Wednesday, as a pair of service gauges suggested progress in the country's economic strategy. Hong Kong's benchmark Hang Seng Index jumped 2.3% to peg a six-year high. The Shanghai Composite climbed 1%. HSBC's China Services...
Should Baidu (BIDU) Stock Be In Your Portfolio? - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Tue Sep 02, 1:52PM CDT
Inside the stock prospects for Chinese language search engine giant, Baidu.com.
Baidu, Tencent Blaze Trail With Shopping Venture
at Investor's Business Daily - Fri Aug 29, 2:34PM CDT
China's Dalian Wanda Group, a commercial property, hotel and film conglomerate, announced Friday that it's teaming with China Internet giants Baidu and Tencent Holdings in a $184 million alliance that, indirectly, could challenge Alibaba Group in...
Chinese e-commerce rivals challenge Alibaba
By JOE McDONALD - AP - Fri Aug 29, 5:13AM CDT
BEIJING (AP) — China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.
Alibaba Group More Than Doubles Revenue From Mobile
at Investor's Business Daily - Thu Aug 28, 11:58AM CDT
China e-commerce leader Alibaba Group's accelerated revenue growth in the second quarter was driven by shoppers using their smartphones to buy goods online. Alibaba had 279 million active buyers on its e-commerce sites in the second quarter, up 24...
Baidu, Tencent, Wanda Poised To Join Forces On Web
at Investor's Business Daily - Wed Aug 27, 1:57PM CDT
Baidu (BIDU), China's No. 1 online search engine, could be about to enter a $813 million e-commerce deal with two other major China firms, Internet heavyweight Tencent Holdings and Dalian Wanda Group, a privately held department store operator,...
Alibaba Shows Strong Growth In Revenue, Earnings Post
at Investor's Business Daily - Wed Aug 27, 1:33PM CDT
China e-commerce giant Alibaba Group reported strong growth in revenue and earnings for its most recent quarter in a filing with the Securities and Exchange Commission on Wednesday. Alibaba said that revenue in local currency rose 46% to $2.54...
Qihoo Faces Tougher Competition In Web Security
at Investor's Business Daily - Tue Aug 26, 2:19PM CDT
Shares of Qihoo (QIHU), China's No. 1 Internet security provider, fell Tuesday after the company received a downgrade from Credit Suisse, which said that intensifying competition could "drag down" Qihoo's flagship mobile security business. The...
China's Autohome Drives Ad Sales From Web Car Content
at Investor's Business Daily - Fri Aug 22, 4:06PM CDT
Autohome, China's leading auto-content Web company, has had a bumpy stock ride since it went public in the U.S. in December -- not unlike a lot of other volatile China-based stocks that trade here. Sharp share gains have been followed by falls. Over...
Leju, E-House EPS Strong Amid China Housing Fears
at Investor's Business Daily - Wed Aug 20, 2:17PM CDT
Leju Holdings (LEJU) and parent E-House China Holdings, two China-based providers of real estate services with growing online operations, reported strong second-quarter earnings despite fears of a downturn in China's housing market. Leju earned 15...
'Craigslist of China' 58.com Expects Q2 Revenue Leap
at Investor's Business Daily - Tue Aug 19, 7:38AM CDT
Share prices of online marketplace 58.com have more than tripled since its IPO last fall, as the "Craigslist of China" nears its second-quarter report. 58.com (WUBA) discloses before the open on Thursday, with earnings expectations of 8 cents per...
China Mobile, BitAuto, Sony Lead Asian Market Rally
at Investor's Business Daily - Fri Aug 15, 5:10PM CDT
Asia's markets powered past a raft of mixed signals and generally outpaced the week's healthy gains seen by stocks in the U.S. Hong Kong's Hang Seng index had a back-and-forth week, hitting a new high for the year on Wednesday, easing off on Thursday...
JD.com Q2 Costs Rise As It Preps For Alibaba Fight
at Investor's Business Daily - Fri Aug 15, 12:11PM CDT
China Internet retailer JD.com (JD) reported second-quarter earnings above consensus estimates Friday, but it issued a Q3 outlook that fell short. In its first earnings report since its May 22 IPO, JD.com reported revenue of $4.6 billion, up 64% from...