Shares of Chinese companies are trading lower following soft China export data.
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Shares of Chinese companies are trading lower following soft China export data.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 3/12/2025 | $36.00 | Neutral → Overweight | Analyst | |
| 3/10/2025 | $13.70 → $29.00 | Neutral → Buy | Citigroup | |
| 3/3/2025 | Buy → Neutral | Nomura | ||
| 2/28/2025 | $22.00 → $40.00 | Neutral → Overweight | Analyst | |
| 2/26/2025 | Mkt Perform → Outperform | Bernstein | ||
| 2/25/2025 | Mkt Perform → Outperform | Bernstein | ||
| 2/25/2025 | $26.00 → $37.00 | Outperform → Sector Perform | RBC Capital Mkts | |
| 2/24/2025 | $8.80 → $18.00 | Sell → Neutral | UBS |
SC 13D/A - Lufax Holding Ltd (0001816007) (Subject)
SC 13D/A - iQIYI, Inc. (0001722608) (Subject)
SC 13G/A - Alibaba Group Holding Ltd (0001577552) (Filed by)
DUBLIN and SHANGHAI, March 13, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, before U.S. markets open on Thursday, March 20, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on March 20, 2025 (11:30 AM GMT and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational
BEIJING, March 13, 2025 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ:WB), a leading social media in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024 and annual dividend. "We capped off the year with solid performance in the fourth quarter of 2024," said Gaofei Wang, CEO of Weibo. "In 2024, we have proactively adjusted our user strategy to focus on the acquisition and engagement of high quality users. On the content front, we further optimized our content ecosystem through reinforcement of our core areas of strength, investment into vertical content and construction of AI-empowered content ecosystem.
HONG KONG, March 13, 2025 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter and Full Year 2024 Operational Highlights Total number of paying clients1 increased 41.0% year-over-year to 2,411,324 as of December 31, 2024.Total number of registered clients2 increased 28.7% year-over-year to 4,583,453 as of December 31, 2024.Total number of users3 increased 16.2% year-over-year to 25.1 million as of December 31, 2024.Total client assets increased 53.1% year-over-year
SHENZHEN, China, Feb. 28, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE:TME), the leading online music and audio entertainment platform in China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a director on the Board of Directors (the "Board"), effective February 28, 2025. Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025. "Matthew has been a valuable member of TME's Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prospe
BEIJING, Feb. 20, 2025 /PRNewswire/ -- Autohome Inc. (NYSE:ATHM, HKEX: 2518)) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that the Company has been informed by Yun Chen Capital Cayman ("Yun Chen", a subsidiary of Ping An), its controlling shareholder, that on February 20, 2025, Yun Chen entered into a share sale and purchase agreement (the "Share Sale and Purchase Agreement") with CARTECH HOLDING COMPANY, a subsidiary of Haier Group Corporation (the "Purchaser"). Pursuant to the Share Sale and Purchase Agreement, Yun Chen has agreed to sell, and the Purchaser has agreed to acquire, 200,884,012 ordinary shares of the Company
SHANGHAI, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that the independent special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 25, 2025 (the "Proposal"), has retained Kroll, LLC as its financial advisor and Gibson, Dunn & Crutcher LLP as its U.S. legal counsel. The Special Committee is continuing its review and evaluation of the Proposal. The Board cautions the Company's shareholders and others conside
DUBLIN and SHANGHAI, March 13, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, before U.S. markets open on Thursday, March 20, 2025. The Company's management will hold an earnings conference call at 7:30 AM ET on March 20, 2025 (11:30 AM GMT and 7:30 PM HKT on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD Holdings: PDD Holdings is a multinational
JERSEY CITY, N.J., March 13, 2025 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd. ("Futu" or "the Company") (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q4 2024 earnings with US$570.6 million in revenues, up 86.8% year-over-year ("YoY"), and US$251.3 million in non-GAAP adjusted net income, a 105.4% YoY increase. For the year ended December 31, 2024, the Company recorded US$1.75 billion in revenues and US$742.6 million in non-GAAP adjusted net income, representing a YoY increase of 35.8% and 26.2%, respectively. A Deepened Globalization Strategy Boosts Client Acquisition and Trading Activities The Company reported
BEIJING, March 13, 2025 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ:WB), a leading social media in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024 and annual dividend. "We capped off the year with solid performance in the fourth quarter of 2024," said Gaofei Wang, CEO of Weibo. "In 2024, we have proactively adjusted our user strategy to focus on the acquisition and engagement of high quality users. On the content front, we further optimized our content ecosystem through reinforcement of our core areas of strength, investment into vertical content and construction of AI-empowered content ecosystem.
6-K - WEIBO Corp (0001595761) (Filer)
6-K - Futu Holdings Ltd (0001754581) (Filer)
6-K - Baidu, Inc. (0001329099) (Filer)
Analyst upgraded Autohome from Neutral to Overweight and set a new price target of $36.00
Citigroup upgraded XPeng from Neutral to Buy and set a new price target of $29.00 from $13.70 previously
Nomura downgraded Kingsoft Cloud from Buy to Neutral