Alibaba to Provide Legal Support to its Detained Employee - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 10, 4:00PM CDT
Alibaba Group Holding Ltd. (BABA) has decided to provide legal support to Patrick Liu, president of its digital entertainment unit, after he was detained by the police.
ABTL: 16.07 (+0.20), NILE: 31.01 (+0.18), BABA: 80.30 (+1.26)
Alibaba’s Head of Entertainment Taken Into Custody
at The Street - Fri Jul 10, 7:29AM CDT
Patrick Liu Chunning, the president of Alibaba's digital entertainment business, was taken into custody for issues related to his time at Tencent.
NFLX: 680.60 (+10.51), TWX: 88.63 (+1.54), BABA: 80.30 (+1.26)
Baidu-Owned IQiyi Adds Videos, Boosts Subscriber Growth
at Investor's Business Daily - Thu Jul 09, 3:44PM CDT
Chinese search leader Baidu says that its iQiyi subsidiary -- already one of China's largest online video streaming services -- is looking to become a bigger force in the country's video-streaming and moviemaking fields. IQiyi launched a film...
NFLX: 680.60 (+10.51), BIDU: 187.75 (+0.18), SOHU: 47.12 (-0.96), YOKU: 19.76 (-1.27), GOOGL: 556.11 (+11.46), BABA: 80.30 (+1.26)
Volatile Cheetah Mobile Leads China Stock Rebound
at Investor's Business Daily - Thu Jul 09, 11:25AM CDT
Cheetah Mobile (CMCM) led the China stock rebound Thursday, as it got a bullish report from an analyst who sees significant growth potential as the company monetizes its vast Internet user base. Cheetah Mobile stock was up 15% in midday trading in...
BIDU: 187.75 (+0.18), FB: 87.95 (+2.07), CMCM: 25.02 (-0.76), BABA: 80.30 (+1.26)
Is Uber Seeking $1 Billion Funding for Chinese Business? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 08, 12:40PM CDT
Recently, Bloomberg reported that Uber Technologies Inc., the car-sharing service, is seeking to raise almost $1 billion to fund its Chinese business.
BIDU: 187.75 (+0.18), PETS: 18.00 (+0.45), BABA: 80.30 (+1.26)
NetEase Pipeline Strong, But China's Woes Hit Stock
at Investor's Business Daily - Tue Jul 07, 12:45PM CDT
China's NetEase (NTES) has a strong games pipeline, said an analyst in a bullish report that didn't help the stock amid China's economic woes. Those games continue to include Chinese rights to U.S.-based Activision Blizzard's (ATVI) popular "World of...
QIHU: 62.54 (+2.02), ATVI: 25.36 (+0.23), SINA: 45.79 (-2.03), WB: 15.46 (+0.16), BIDU: 187.75 (+0.18), NTES: 139.95 (-1.01), BABA: 80.30 (+1.26)
Chinese Electric Car Maker Kandi Seals 4,000-Car Deal
at Investor's Business Daily - Mon Jul 06, 7:41PM CDT
Are China's electric car sales getting a little charged up? Kandi Technologies Group (KNDI), a Chinese maker of budget and car-sharing electric vehicles, has inked a new sales contract worth $89 million that significantly steps up its pace and plumbs...
TSLA: 259.15 (+1.23), KNDI: 7.61 (-0.03), F: 14.48 (+0.15), BIDU: 187.75 (+0.18), GM: 31.40 (+0.39), FCAU: 14.47 (+0.53), TM: 131.52 (+2.49), JD: 32.40 (-0.38), BABA: 80.30 (+1.26)
58.com
at Investor's Business Daily - Mon Jul 06, 5:44PM CDT
58.com (WUBA) will see its mobile services and user base grow, thanks to a new partnership with Chinese Internet giant Tencent Holdings (TCEHY), said an analyst report out Mon. The so-called "Craigslist of China" has 700,000 paying merchant members....
WUBA: 61.02 (+0.33)
'Craigslist Of China' 58.com Poised For Mobile Growth
at Investor's Business Daily - Mon Jul 06, 11:57AM CDT
Chinese classified ad site 58.com (WUBA) -- nicknamed the "Craigslist of China" -- will see its mobile services and user base grow thanks to a new partnership with China Internet giant Tencent Holdings (TCEHY), says an analyst report out Monday....
QIHU: 62.54 (+2.02), SINA: 45.79 (-2.03), WUBA: 61.02 (+0.33), WB: 15.46 (+0.16), BIDU: 187.75 (+0.18), BABA: 80.30 (+1.26)
Sun Is Shining Bright on L.A. Tech Town Silicon Beach
at Investor's Business Daily - Mon Jul 06, 7:02AM CDT
Many cities have tried to build themselves into major technology hubs where entrepreneurs build startups that reach the big time. Northern California's Silicon Valley remains the tech leader, but other areas aspire for second place as a tech center....
RUBI: 14.99 (+0.07), FB: 87.95 (+2.07), DIS: 116.44 (+0.84), CSOD: 35.52 (+0.16), INTC: 29.17 (+0.24), HPQ: 30.65 (+0.26), YHOO: 37.92 (+0.31), ATVI: 25.36 (+0.23), DMD: 5.94 (+0.13), DTV: 92.40 (+0.15), GOOGL: 556.11 (+11.46), TRUE: 10.66 (+0.61), MSFT: 44.61 (+0.09), AAPL: 123.28 (+3.21), CSCO: 27.28 (+0.37)
China Stock Roundup: Baidu to Invest $3.2B in Nuomi, CNOOC's Bozhong 28/34 Oilfield Starts Production - Analyst Blog
Swarup Gupta - Zacks Investment Research - Thu Jul 02, 4:26PM CDT
Markets had a disappointing week, experiencing severe losses on all but one day.
YGE: 0.99 (+0.08), CHU: 14.56 (+0.68), BIDU: 187.75 (+0.18), CEO: 131.29 (+1.99), TEF: 14.62 (+0.87), CMCM: 25.02 (-0.76), PTR: 104.54 (+0.76), BABA: 80.30 (+1.26)
Will Uber Clash With Its Top China Rival In The U.S.?
at Investor's Business Daily - Thu Jul 02, 11:34AM CDT
Uber Technologies -- the San Francisco-based ride-hailing company that has embarked on a global expansion effort -- could run into a formidable rival from China right at home. China's largest taxi-hailing app, Didi Kuaidi, has quietly begun hiring in...
BIDU: 187.75 (+0.18), BABA: 80.30 (+1.26)
Baidu's $3.2 Billion Push Into the Online-to-Offline Era - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 01, 12:40PM CDT
Baidu, Inc. (BIDU) plans to invest about 40% of the cash on its books to boost its online-to-offline services which is deemed to be the next big thing in China's e-Commerce sector.
BIDU: 187.75 (+0.18), PETS: 18.00 (+0.45), BABA: 80.30 (+1.26)
Yingli Crowd Funds, Tencent Tries Polysilicon
Doug Young - Seeking Alpha - Wed Jul 01, 10:03AM CDT
Bottom line: Yingli’s use of crowd-funding to finance a small project and the bargain sale price of a small polysilicon maker reflect continuing struggles at second-tier solar companies and the need for more consolidation. Two solar energy...
YGE: 0.99 (+0.08)
Emerging Markets Have a Rebound in Them, Says TIAA-CREF Fund Manager
at The Street - Tue Jun 30, 3:43PM CDT
Developing market stocks were rolling until May, when fears of a Fed rate hike pummeled them. But Alex Muromcew, portfolio manager of the TIAA-CREF Emerging Markets Equity Fund, remains optimistic.
BIDU: 187.75 (+0.18), BABA: 80.30 (+1.26)
Cheetah Mobile expands Tencent alliance; shares +5.4%
Seeking Alpha - at Seeking Alpha - Tue Jun 30, 8:04AM CDT
CMCM: 25.02 (-0.76)
Will China Be Netflix Inc.'s Toughest Expansion Market?
Anders Bylund, The Motley Fool - Motley Fool - Tue Jun 30, 8:00AM CDT
Image source: Netflix. It's no secret that Netflix plans to launch video streaming in China. It kind of goes with the territory when your CEO says the entire world should have access to Netflix services no later than 2016. The company is already...
NFLX: 680.60 (+10.51), DIS: 116.44 (+0.84), YOKU: 19.76 (-1.27), TWX: 88.63 (+1.54), BABA: 80.30 (+1.26)
Baidu: Bearish Thoughts Post Management Meeting
WestEnd511 - at Seeking Alpha - Tue Jun 30, 12:14AM CDT
BIDU: 187.75 (+0.18), BABA: 80.30 (+1.26)
LeTV Challenges Qihoo With Coolpad Stake Buy
Doug Young - Seeking Alpha - Mon Jun 29, 2:45PM CDT
Bottom line: LeTV's purchase of a major stake in Coolpad is likely to upset Coolpad's existing alliance with Qihoo (NYSE: QIHU ), and could lead to a turbulent period that could ultimately see one of the alliances terminated. The battle for...
QIHU: 62.54 (+2.02)
China Sinks $100 Billion Into 'Champion' Chipmakers
at Investor's Business Daily - Mon Jun 29, 12:57PM CDT
China will invest $100 billion over five years to strengthen its chip industry, Morgan Stanley analysts say, with a focus on creating "national champions" such as Semiconductor Manufacturing International and Spreadtrum Communications. Bill Lu and...
CAVM: 63.36 (+0.41), SWKS: 100.20 (+5.69), TSM: 22.57 (+0.35), INTC: 29.17 (+0.24), NVDA: 19.75 (+0.34), QRVO: 76.16 (+1.53), BIDU: 187.75 (+0.18), MRVL: 12.51 (+0.11), AMD: 1.96 (-0.02), XLNX: 41.94 (+0.09), QCOM: 62.73 (+0.87), ARMH: 47.42 (+0.06), AVGO: 129.84 (+5.16), BABA: 80.30 (+1.26)