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Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
10/24/2024 | $3.20 | Hold | Jefferies | |
10/4/2024 | $25.00 → $33.00 | Outperform → Neutral | Macquarie | |
9/4/2024 | Buy → Neutral | Citigroup | ||
6/26/2024 | Outperform → Neutral | Macquarie | ||
5/29/2024 | $16.00 | Buy | HSBC Securities | |
5/22/2024 | $25.00 | Buy → Outperform | CLSA | |
4/25/2024 | $25.00 | Overweight → Equal Weight | Barclays | |
4/15/2024 | $40.00 | Outperform | Macquarie |
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV ambitions could be undermined by production bottlenecks, quality issues and a weakening consumer demand By Xia Fei Despite its late arrival to the race, Xiaomi Corp.’s (OTC:XIACF)(OTC:XIACY) drive into China’s crowded electric vehicle (EV) market is showing no signs of slowing and may even be gaining momentum. That journey logged another milestone earlier this month when the company better known for its smartphones won a regulatory greenlight to manufacture cars independently instead of relyin
Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) fell sharply during Monday’s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world. Selective Insurance Group shares dipped 13.2% to $264.65 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2. CareMa
Robust Profitability amidst Consumption Mix-shiftAdjusted Net Income Grew 2.0% to RMB2.4 BillionParcel Volume Increased 15.9% to 8.7 Billion SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2024[1]. The Company grew parcel volume by 15.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 2.0%[2] to reach RMB2,387.3 million. Cash generated from operating activities was RMB3,112.0 million. Third Quarter 2024 Financial Highlight
Quarterly total revenues reached RMB42.9 billion (US$6.1 billion)1Quarterly deliveries reached 152,831 vehicles BEIJING, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015)), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Total deliveries for the third quarter of 2024 were 152,831 vehicles, representing a 45.4% year-over-year increase. 2024 Q3 2024 Q2 2024 Q1 2023 Q4 Deliveries 152,831 108,581 80,400 131,805 2023 Q3 2023 Q2 2023 Q1 2022 Q4 Deliveries 105,108 86,533 52,584 46
BEIJING, Oct. 24, 2024 /PRNewswire/ -- TAL Education Group (NYSE:TAL) ("TAL" or the "Company"), a smart learning solutions provider in China, today announced its unaudited financial results for the second quarter of fiscal year 2025 ended August 31, 2024 and issued notice of Annual General Meeting. Highlights for the Second Quarter of Fiscal Year 2025 Net revenues were US$619.4 million, compared to net revenues of US$411.9 million in the same period of the prior year.Income from operations was US$47.6 million, compared to income from operations of US$31.8 million in the same period of the prior year.Non-GAAP income from operations, which excluded share-based compensation expenses, was US$64
SC 13G/A - ZTO Express (Cayman) Inc. (0001677250) (Subject)
SC 13D/A - Lufax Holding Ltd (0001816007) (Subject)
SC 13D - Lufax Holding Ltd (0001816007) (Subject)
SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE:LU), a leading financial services enabler for small business owners in China, today announced that (i) Mr. Gregory Dean Gibb has retired from his roles as an executive director and the co-chief executive officer of the Company to dedicate more time to his personal matters, (ii) Mr. Yuqiang Huang has tendered his resignation as a non-executive director of the Company due to changes in his personal work arrangements, and (iii) Mr. Xudong Zhang has tendered his resignation as an independent non-executive director of the Company due to changes in his personal work arrangements. These changes took effect fr
Robust Profitability amidst Consumption Mix-shiftAdjusted Net Income Grew 2.0% to RMB2.4 BillionParcel Volume Increased 15.9% to 8.7 Billion SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2024[1]. The Company grew parcel volume by 15.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 2.0%[2] to reach RMB2,387.3 million. Cash generated from operating activities was RMB3,112.0 million. Third Quarter 2024 Financial Highlight
BEIJING, China, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015)), a leader in China's new energy vehicle market, today announced that it delivered 51,443 vehicles in October 2024, up 27.3% year over year. As of October 31, 2024, Li Auto had delivered a total of 393,255 vehicles in 2024, with cumulative deliveries reaching 1,026,619. Driven by robust sales across its model lineup, the Company remained the sales champion of Chinese automotive brands in the RMB200,000 and above NEV market for seven straight months. In October, the Company achieved a significant milestone with over one million cumulative deliveries, becoming the first Chines
Jefferies resumed coverage of Lufax with a rating of Hold and set a new price target of $3.20
Macquarie downgraded Li Auto from Outperform to Neutral and set a new price target of $33.00 from $25.00 previously
Citigroup downgraded Li Auto from Buy to Neutral
6-K - Lufax Holding Ltd (0001816007) (Filer)
6-K - ZTO Express (Cayman) Inc. (0001677250) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
SHANGHAI, Nov. 16, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced the appointment of a new female independent director to its board of directors (the "Board"): Ms. Fang Xie, effective immediately. After the change, the Board will consist of ten members, six of whom are independent directors. Ms. Xie will also serve on ZTO's Environmental, Social and Governance Committee ("ESG Committee"). Ms. Fang Xie, also known as Heather Xie, has been a director and portfolio investment manager at Seres Capital since May 2021. Ms. Xie provided management consulting and leadership coaching ser
SHANGHAI, March 16, 2021 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced the appointment of a new director to its board of directors (the "Board"): Mr. Zheng Liu, effective immediately. Mr. Lin Wan has concurrently resigned from his position as a director of the Board. After the change, the Board will continue to consist of nine members, five of whom are independent directors. Mr. Zheng Liu has been the Chief Financial Officer of Cainiao Network since February 2016. From June 2010 to February 2016, Mr. Liu served as Senior Finance Director with Alibaba Group and was r
SHANGHAI--(BUSINESS WIRE)--Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Total income increased by 5.9% to RMB13,286 million (US$2,036 million) in fourth quarter of 2020 from RMB12,549 million in the same period of 2019. Net profit increased by 17.4% to RMB2,847 million (US$436 million) in fourth quarter of 2020 from RMB2,425 million in the same period of 2019. (In millions except percentages, unaudited) Three Months Ended December 3