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How Alibaba Shares Make It Over The $200 Level
Tuesday, October 10, 2017 - 8:53am | 391Alibaba Group Holding Ltd (NYSE: BABA)'s stock now has a clear path to trade north of $200 per share, at least according to analysts at HSBC Global Research. The firm's Chi Tsang maintains a Buy rating on Alibaba's stock with a price target boosted from $184 to $204 based on a new financial...
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HSBC Starts JD.com At Buy, Sees Buying Opportunity For Investors Right Now
Tuesday, November 10, 2015 - 10:11am | 251The share price of JD.Com Inc (ADR) (NASDAQ: JD) has appreciated 20.57 percent year-to-date, from a low of $23.14 on December 31, 2014. Chi Tsang of HSBC Global Research has initiated coverage of the company with a Buy rating and price target of $37. While mentioning that the current...
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Why HSBC Hiked SINA's Price Target Today
Thursday, July 2, 2015 - 3:15pm | 348In a report issued Thursday, HSBC analysts Chi Tsang and Alice Cai boosted their price target on shares of SINA Corp (NASDAQ: SINA) from $47 to $67, while reiterating their Buy rating. According to the note, the stock is a “hidden treasure.” The analysts feel particularly...
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Alibaba's Bold Move Could Bolster Chinese Web Power
Friday, June 19, 2015 - 11:18am | 892Alibaba Group Holding Ltd (NYSE: BABA)’s bid to become an HBO/Netflix, Inc. (NASDAQ: NFLX) hybrid was seen by some analysts as a much-needed catalyst for the sideways-moving stock, but another opinion holds that all large-cap Chinese internet stocks haven’t been getting the embrace...
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UPDATE: HSBC Global Research Reiterates on Baidu on Upside Surprise to Growth Momentum
Wednesday, October 30, 2013 - 9:24am | 104In a report published Wednesday, HSBC Global Research analyst Chi Tsang reiterated an Overweight rating on Baidu (NASDAQ: BIDU), and raised the price target from $166.00 to $200.00. In the report, HSBC Global Research noted, “3Q results beat expectations slightly, with non-GAAP EPS of USD1.48, 2...