Tencent Holdings ADR (TCEHY) 16.0200 $TCEHY
Baidu, Other China Tech Stocks Sink As Alibaba Rises
at Investor's Business Daily - Fri Sep 19, 2:34PM CDT
China-based e-commerce leader Alibaba Group (BABA) surged in its first day of trading after a record-breaking U.S. IPO, but it didn't bring many other China Internet stocks -- friends or foes -- with it. Alibaba was up 35%, near 92, in afternoon...
Video: Alibaba Group Stock Soars In Blockbuster IPO Debut
at Investor's Business Daily - Fri Sep 19, 11:48AM CDT
Investors clamored for Alibaba Group (BABA) stock Friday, buying shares above 92 at the opening, up 35% from the IPO's starting price of 68. The China e-commerce giant initially sold 320.1 million shares to underwriters and institutional investors...
Demand For Alibaba Stock 'Absolutely Overwhelming'
at Investor's Business Daily - Thu Sep 18, 1:26PM CDT
Research firm IPO Boutique said that its channel checks reveal, according to underwriter guidance, that the Alibaba Group IPO has "absolutely overwhelming demand." The demand suggests that the stock will likely price near, or above, the high end of...
Weibo Seen Poised For 'Strong Growth,' Alibaba Boost
at Investor's Business Daily - Thu Sep 18, 1:21PM CDT
Weibo (WB) stock rose Thursday after the company got a positive report from an investment bank, which cited the China microblog's partnership with Alibaba Group, the China e-commerce leader that is poised to launch a U.S. IPO Thursday that could be...
Alibaba symbol of China's new tech giants
By JOE McDONALD - AP - Thu Sep 18, 10:30AM CDT
BEIJING (AP) — Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy.
China's Internet Market Has Lots Of Room For Growth
at Investor's Business Daily - Wed Sep 17, 2:08PM CDT
China had 617 million Internet users at the end of 2013, more than double the U.S. number. Still, less than half of China's population is accessing the Internet, leaving significant room for growth. In five years, China is expected to have 825...
'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...
Baidu, Other China Tech Stocks Sink As Alibaba Rises
at Investor's Business Daily - Fri Sep 19, 2:34PM CDT
China-based e-commerce leader Alibaba Group (BABA) surged in its first day of trading after a record-breaking U.S. IPO, but it didn't bring many other China Internet stocks -- friends or foes -- with it. Alibaba was up 35%, near 92, in afternoon...
Video: Alibaba Group Stock Soars In Blockbuster IPO Debut
at Investor's Business Daily - Fri Sep 19, 11:48AM CDT
Investors clamored for Alibaba Group (BABA) stock Friday, buying shares above 92 at the opening, up 35% from the IPO's starting price of 68. The China e-commerce giant initially sold 320.1 million shares to underwriters and institutional investors...
Demand For Alibaba Stock 'Absolutely Overwhelming'
at Investor's Business Daily - Thu Sep 18, 1:26PM CDT
Research firm IPO Boutique said that its channel checks reveal, according to underwriter guidance, that the Alibaba Group IPO has "absolutely overwhelming demand." The demand suggests that the stock will likely price near, or above, the high end of...
Weibo Seen Poised For 'Strong Growth,' Alibaba Boost
at Investor's Business Daily - Thu Sep 18, 1:21PM CDT
Weibo (WB) stock rose Thursday after the company got a positive report from an investment bank, which cited the China microblog's partnership with Alibaba Group, the China e-commerce leader that is poised to launch a U.S. IPO Thursday that could be...
Alibaba symbol of China's new tech giants
By JOE McDONALD - AP - Thu Sep 18, 10:30AM CDT
BEIJING (AP) — Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy.
China's Internet Market Has Lots Of Room For Growth
at Investor's Business Daily - Wed Sep 17, 2:08PM CDT
China had 617 million Internet users at the end of 2013, more than double the U.S. number. Still, less than half of China's population is accessing the Internet, leaving significant room for growth. In five years, China is expected to have 825...
'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...
