Tencent: Eating Weibo's Lunch
WestEnd511 - at Seeking Alpha - Mon May 18, 6:31PM CDT
WB: 15.66 (-0.94)
Noah Holdings Sales Up On New High-Net-Worth Clients
at Investor's Business Daily - Mon May 18, 4:27PM CDT
Noah Holdings' (NOAH) first-quarter earnings grew 18.8% to 38 cents a share, as revenue jumped 42.9% to $71.8 million, year over year. The China-based firm's wealth management unit saw revenue climb 41.3% to $54.8 million. The total number of...
NOAH: 36.71 (+0.49), CMCM: 30.04 (-0.49)
Priceline, Expedia, TripAdvisor: 'Big 3' Get Bigger
at Investor's Business Daily - Mon May 18, 2:36PM CDT
Priceline Group (PCLN), Expedia and TripAdvisor posted hotel demand gains and share growth in Q1, according to an analyst's report on Monday. "Hotel industry demand remained strong on Q1 and the 'Big 3' in online travel -- Priceline, Expedia (EXPE)...
TRIP: 81.49 (-0.34), EXPE: 103.45 (+0.04), LONG: 16.83 (-0.14), PCLN: 1,216.84 (+18.04)
Bloomberg: Baidu, Uber, P-E firm plan joint bid for Nokia's HERE unit
Seeking Alpha - at Seeking Alpha - Mon May 18, 2:10PM CDT
BIDU: 191.32 (-1.66), NOK: 6.96 (+0.06)
Noah Holdings, Cheetah Mobile, Avago Set To Report
at Investor's Business Daily - Fri May 15, 5:13PM CDT
Two China-based leaders are set to report in the coming week. Noah Holdings (NOAH) is first out of the gate, set to report Monday, after the U.S. markets close. The asset manager caters to high-net-worth and institutional clients in China. Its market...
NOAH: 36.71 (+0.49), CMCM: 30.04 (-0.49), AVGO: 130.18 (+2.31)
Netflix Jumps To New High On China Entry Reports
at Investor's Business Daily - Fri May 15, 2:13PM CDT
On Thursday, Pacific Crest Securities said that Netflix's (NFLX) ambitions are becoming clearer and "more frightening" to traditional programmers. And if they weren't frightened then, they may have more reason to be now. Netflix is reportedly in...
NFLX: 617.87 (+4.62), BABA: 87.11 (-1.35), TWX: 85.30 (+0.01)
Can China Produce More Alibabas and Become the World's Next Silicon Valley?
at The Street - Fri May 15, 7:00AM CDT
The world's most populous country wants to rival Silicon Valley when it comes to producing world-class start-ups. Can it succeed?
BIDU: 191.32 (-1.66), BABA: 87.11 (-1.35)
Why Tencent May Be China's Best Internet Company
at Investor's Business Daily - Thu May 14, 1:21PM CDT
Tencent Holdings (TCEHY) received a price target increase by Pacific Crest Securities, which called it the best positioned Chinese Internet company. Tencent reported better-than-expected first-quarter earnings Wednesday morning, with online...
WUBA: 80.71 (+0.39), JD: 33.91 (+0.51), BITA: 62.12 (+0.06), BABA: 87.11 (-1.35)
NetEase Rides Mobile Games Surge To Q1 Earnings Beat
at Investor's Business Daily - Thu May 14, 12:17PM CDT
China-based online gaming company NetEase (NTES) beat on revenue and earnings in Q1, super-charged by sales of mobile video games as the company expands its global reach. NetEase stock was up 7.1% to 139.20 in afternoon trading in the stock market...
ATVI: 25.42 (unch), NTES: 141.32 (+0.20)
From tycoons to state bosses: key people in Chinese business
AP - Thu May 14, 10:48AM CDT
BEIJING (AP) — The most successful of China's entrepreneurs have created some of the world's biggest companies and amassed stunning fortunes. Often they are little known outside of China, but that is changing as they expand abroad and sell shares on Wall Street. Some of their counterparts in China's massive government-owned companies are making a mark as they try to instil innovation and efficiency in lumbering state giants. A look at key figures in Chinese business.
AMZN: 425.24 (-0.76), BIDU: 191.32 (-1.66), EBAY: 59.46 (+0.05), ALU: 3.77 (+0.01), GM: 35.05 (+0.14), AAPL: 130.19 (+1.42)
Vipshop, Ctrip Lead 4 Top Chinese Stocks Rising Late On Earnings
at Investor's Business Daily - Wed May 13, 6:08PM CDT
Flash seller Vipshop (VIPS), online travel site Ctrip (CTRP), Web gaming player NetEase (NTES) and drug testing outsourcer WuXi Pharmatech (WX) rose as the Chinese stocks reported strong earnings late Wednesday. That followed strong results from...
VIPS: 26.59 (+0.37), NTES: 141.32 (+0.20), WX: 43.19 (-0.15), CTRP: 71.98 (+0.01), PCLN: 1,216.84 (+18.04)
Vipshop Q1 Tops Views On Strong Online Retail Growth
at Investor's Business Daily - Wed May 13, 4:37PM CDT
China e-commerce company Vipshop Holdings (VIPS) reported first-quarter earnings late Wednesday that beat analyst expectations, and the stock moved higher in after-hours trading. Vipshop said Q1 revenue doubled to $1.4 billion, beating the consensus...
VIPS: 26.59 (+0.37), BABA: 87.11 (-1.35)
Tencent's (TCEHY) CEO Pony Ma on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Wed May 13, 2:12PM CDT
Tencent beats Q1 estimates; online ad sales surge
Seeking Alpha - at Seeking Alpha - Wed May 13, 12:11PM CDT
Weibo: Expect A Turnaround?
WestEnd511 - at Seeking Alpha - Wed May 13, 9:34AM CDT
WB: 15.66 (-0.94), TWTR: 37.28 (+0.18)
JD.com Eyes China Lux Market As Alibaba Targets U.S.
at Investor's Business Daily - Mon May 11, 1:05PM CDT
JD.com (JD) and sunglasses giant Luxottica (LUX) are teaming up to bring Ray-Bans, Oakleys and other sunglasses to the Chinese e-commerce site in a bid for China's luxury consumers. "We're delighted to be partnering with Luxottica, the clear global...
AMZN: 425.24 (-0.76), JD: 33.91 (+0.51), LUX: 65.89 (-0.13), ZU: 13.48 (-0.03), BABA: 87.11 (-1.35)
Alibaba Mobilizing As Buying Shifts Amid Margin Pressure
at Investor's Business Daily - Mon May 11, 12:03PM CDT
Alibaba Group's (BABA) profit margins are slipping as it spends to adapt its e-commerce platform to mobile apps, but investments should pay off as Goldman Sachs forecasts mobile revenue to overtake nonmobile revenue in 2017. China's e-commerce leader...
JD: 33.91 (+0.51), ZU: 13.48 (-0.03), BABA: 87.11 (-1.35)
WeChat, WeBank and We More - Tencent Holdings Analyst Report Issued by BrokerBank Securities, Inc.
PR Newswire - Mon May 11, 6:00AM CDT
"Across the Great Wall, we can reach every corner in the world," was the content in the first E-Mail sent out from China, in 1987. Just 28 years later, this statement is becoming reality. With the boost of the internet in China, a complete new business segment developed and a lot of new companies took the opportunity to enter such a market that continues to grow. According to International Data Corporation (IDC), there are still as many as 400 million China's rural non-Internet users who will be the next wave of demographic dividend. Entertainment and social applications (such as music, chat, games, reading) will be most appealing to these consumers.
The New Silk Road: U.S. Video Game Firms Journey To China
at Investor's Business Daily - Fri May 08, 4:03PM CDT
It's a tricky challenge for U.S. video game makers aiming to break into China's gaming market. Take the case of Zynga, developer of the popular "FarmVille" games. San Francisco-based Zynga (ZNGA) had high hopes for expanding in China, a country...
ATVI: 25.42 (unch), NTES: 141.32 (+0.20), SNE: 32.45 (-0.29), CYOU: 31.79 (+0.58), GOOGL: 546.67 (+0.18), MSFT: 48.01 (-0.28), ZNGA: 2.97 (-0.08)
BitAuto Q1 Earnings, Q2 Outlook Beat Street Views
at Investor's Business Daily - Fri May 08, 1:59PM CDT
BitAuto Holdings (BITA) early Friday reported Q1 earnings, and gave guidance for the current quarter, that beat Wall Street expectations, but shares still slipped. The Beijing-based online auto website reported earnings per share excluding items of 4...
JD: 33.91 (+0.51), ATHM: 49.22 (-1.37), BITA: 62.12 (+0.06)