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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/22/2024 | Overweight → Neutral | Analyst | ||
| 11/22/2024 | Overweight → Equal Weight | Barclays | ||
| 11/22/2024 | $2.29 → $6.70 | Neutral → Buy | Nomura | |
| 11/22/2024 | $16.70 | Hold → Buy | China Renaissance | |
| 11/21/2024 | $12.50 | Buy → Neutral | Goldman | |
| 11/19/2024 | $79.00 → $95.00 | Buy → Neutral | Citigroup | |
| 11/18/2024 | $70.00 → $115.00 | Equal-Weight → Overweight | Morgan Stanley | |
| 11/8/2024 | Neutral → Buy | Daiwa Securities |
The People’s Bank of China (PBOC) has executed an unscheduled lending operation at significantly lower rates, indicating a potential increase in monetary stimulus to support the economy. What Happened: The PBOC conducted a medium-term lending facility (MLF) operation, issuing 200 billion yuan ($27.5 billion) in one-year loans at a rate of 2.30%, a 20 basis point decrease from the previous MLF loan, Reuters reported. This move follows the bank’s decision to cut several benchmark lending rates just days after a key leadership meeting that outlined major reforms. The central bank also injected 235.1 billion yuan into the market through seven-day reverse repos at 1.70%. This cash injection
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume BABA CALL TRADE BULLISH 08/02/24 $79.00 $27.0K 2.4K 1.7K SBUX CALL TRADE B
DUBLIN and SHANGHAI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total revenues in the quarter were RMB99,354.4 million (US$1 14,157.9 million), an increase of 44% from RMB68,840.4 million in the same quarter of 2023. Operating profit in the quarter was RMB24,292.5 million (US$3,461.6 million), an increase of 46% from RMB16,656.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB26,770.5 million (US$3,814.8 million), an increase of 48% from RMB18,125.8 million
BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2024. Business and Financial Highlights for the Third Quarter 2024 Gross transaction value (GTV)1 was RMB736.8 billion (US$105.0 billion), an increase of 12.5% year-over-year. GTV of existing home transactions was RMB477.8 billion (US$68.1 billion), an increase of 8.8% year-over-year. GTV of new home transactions was RMB227.6 billion (US$32.4 billion), an increase of 18.4% year-over-year. GTV of home renovation and
SHANGHAI, Nov. 21, 2024 /PRNewswire/ -- Baozun Inc. (NASDAQ:BZUN) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, commented, "I'm pleased that Baozun is advancing our strategic vision, with robust topline growth driven by transformative initiatives. In the third quarter of 2024, Baozun Group achieved a 12.8% year-over-year revenue increase, powered by solid performances from both Baozun E-Commerce (BEC) and Baozun Brand Management (BBM). For the first time
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
GUANGZHOU, China, Nov. 11, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced a long-term strategic partnership and technology development cooperation with Zhuhai Enpower Electric Co., Ltd. ("Enpower", SZ300681), a pioneer in new energy vehicle ("NEV") power systems, to co-develop high-performance electric motors and motor controllers for EHang's suite of electric vertical take-off and landing ("eVTOL") aircraft. (Photo: Signing Ceremony of Strategic Partnership and Technology Development Cooperation Agreements between EHang and Enpower) The collaborati
FREMONT, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Attovia Therapeutics announced the appointment of Steven Chan as Chief Financial Officer. Mr. Chan brings extensive financial strategy and operational experience and joins Attovia after serving as Chief Financial Officer at Connect Biopharma (NASDAQ:CNTB), a global clinical-stage biopharmaceutical company focused on T cell-driven therapeutics for inflammatory diseases. At Attovia, Mr. Chan will lead the company's finance and operations functions and serve on its Executive Committee, reporting to Tao Fu, Chief Executive Officer. "I am delighted to welcome Steve to Attovia at this critical growth period for the company. He brings over thirt
SYDNEY, Sept. 9, 2024 /PRNewswire/ -- MINISO, the renowned global lifestyle brand, is excited to announce the grand opening of its first Sanrio-themed store in Australia on September 7th. This store, located on George Street in Sydney, marks the brand's first-ever Sanrio-themed IP collection shop in Australia and its first flagship shop in the country. With over 2,500 SKUs and an area of approximately 300 square meters, this new store is set to offer a brand-new and joyful shopping experience to the Australian market. The new flagship store, with its impressive Sanrio-themed storefront and dedicated Sanrio zones, showcases MINISO's IP strategy. IP products make up over 70% of the store's of
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
GUANGZHOU, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced that the Company's Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to US$30 million of its American Depositary Shares ("ADSs") or ordinary shares over the next 12 months. Mr. Huazhi Hu, Founder, Chairman and CEO of EHang, commented, "This Share Repurchase Program underscores our confidence in EHang's long-term growth potential as well as our capability in continuously delivering value to our shareholders. Looking ahead, we r
GUANGZHOU, China, Nov. 22, 2024 /PRNewswire/ -- MINISO Group Holding Limited (NYSE:MNSO, HKEX: 9896)) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it will hold an extraordinary general meeting of the Company's shareholders (the "EGM") at 11:00 a.m. Beijing time on January 17, 2025 at Flats B-D, 35/F, Plaza 88, 88 Yeung Uk Road, Tsuen Wan, the New Territories, Hong Kong, for the purposes of considering and, if thought fit, approving the proposed acquisition of shares of Yonghui Superstores Co., Ltd ("Yonghui"). As previously announced, in September 2024, a wholly owned PRC subsidi
DUBLIN and SHANGHAI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total revenues in the quarter were RMB99,354.4 million (US$1 14,157.9 million), an increase of 44% from RMB68,840.4 million in the same quarter of 2023. Operating profit in the quarter was RMB24,292.5 million (US$3,461.6 million), an increase of 46% from RMB16,656.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB26,770.5 million (US$3,814.8 million), an increase of 48% from RMB18,125.8 million
Analyst downgraded Pinduoduo from Overweight to Neutral
Barclays downgraded Baidu from Overweight to Equal Weight
Nomura upgraded Kingsoft Cloud from Neutral to Buy and set a new price target of $6.70 from $2.30 previously
SC 13D - 17 Education & Technology Group Inc. (0001821468) (Subject)
SC 13G/A - HUYA Inc. (0001728190) (Subject)
SC 13G - HUYA Inc. (0001728190) (Subject)
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)
6-K - EHang Holdings Ltd (0001759783) (Filer)
6-K - PDD Holdings Inc. (0001737806) (Filer)