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Why One Analyst Says Baidu is On Track For Recovery
Wednesday, August 1, 2018 - 12:59pm | 369Baidu Inc (NASDAQ: BIDU) reported a better-than-expected second-quarter print, and the report signals the company is on track for a recovery this year, according to Joseph Berger, CEO of Pacific Epoch, a provider of research on China's digital consumers. The Analyst Berger discussed...
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Chinese Amazon Cloud Operator Bans Filter-Routing Software
Tuesday, August 1, 2017 - 9:05am | 494Champions of China’s free internet campaign took another hit Monday with a pullback of functionalities on Amazon.com, Inc. (NASDAQ: AMZN)’s cloud computing services. Beijing Sinnet Technology, the Chinese company locally operating Amazon Web Services, ordered domestic site hosts to stop...
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Alibaba Earnings Could Keep This ETF Rolling
Tuesday, January 24, 2017 - 10:08am | 498Internet earnings season continues in a big way this week, and that includes an update from Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) prior to the open of U.S. markets Tuesday. As Benzinga reported Monday, Cantor Fitzgerald analyst Youssef Squali expected third-quarter results...
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Leveraging An Already Hot ETF Trade
Wednesday, November 16, 2016 - 9:22am | 624Chinese internet stocks, including behemoth Alibaba Group Holding Ltd (NYSE: BABA), received plenty of attention in the run-up to Singles' Day, but there are other reasons for investors to consider Chinese internet stocks. For example, the world's second-largest economy is known for being home...
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Here's How Alibaba Trades The Month Following Singles' Day
Tuesday, November 15, 2016 - 1:48pm | 352Alibaba Group Holding Ltd (NYSE: BABA) delivered some impressive numbers during its annual Singles’ Day sales event on November 11. Unfortunately for investors, those numbers haven’t translated to the stock market. Alibaba reported $18 billion in gross merchandise volume on Singles...
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An Epic Stretch For The China Internet ETF
Friday, November 11, 2016 - 9:30am | 598Oft-cited as a proverb, “May you live in interesting times” is actually an old Chinese curse. The hex probably is not in effect, nor should it be, but these are indeed interesting times for the KraneShares CSI China Internet ETF (KraneShares Trust (NASDAQ: KWEB)). Celebrating Singledom...
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JPMorgan Releases A Barrage Of Coverage On Chinese Internet Stocks
Wednesday, August 31, 2016 - 2:48pm | 602JPMorgan analysts Alex Yao and Binbin Ding believe the "demographic dividend" internet growth in China has come to an end. As a result, the firm's focus will shift toward quality from quantity, i.e., customer engagement from user numbers. The brokerage picked up Alibaba Group Holding Ltd (NYSE:...
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Tech's Rise Good For EM ETFs; Here's A Better Idea
Wednesday, August 31, 2016 - 9:02am | 650Some of the most often cited criticisms of traditional emerging markets equity indexes include heavy exposure to financial services stocks and to state-owned enterprises (SOEs) hailing from the energy and materials sectors. Criticism A derivative criticism is that these indexes are not or have not...
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Alibaba, Tencent Among JPMorgan's Top Chinese Internet Picks
Monday, February 29, 2016 - 3:53pm | 550JPMorgan said its top picks in Chinese Internet sector are Alibaba Group Holding Ltd (NYSE: wBABA), Tencent Holdings Ltd (OTC: TCTZF) (OTC: TCEHY), JD.Com Inc(ADR) (NASDAQ: JD), Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) and Weibo Corp (ADR) (NASDAQ: WB). Analyst Vivian Hao, who has an...
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Gobbling up on Chinese Internet Companies
Wednesday, May 18, 2011 - 11:17am | 536Overwhelmed by earnings stories on Hewlett Packard (NYSE: HPQ), Dell (NASDAQ: DELL), IMF Chief getting arrested, and the debt ceiling crisis (if there's one; the bond market certainly does not believe in one, as it keeps rallying in preparation for the arrival of QE3), an acquisition news was...