Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/16/2024 | $33.00 → $36.00 | Neutral → Overweight | JP Morgan | |
8/6/2024 | Underperform → Outperform | Macquarie | ||
7/15/2024 | $179.00 → $174.00 | Buy | Jefferies | |
7/15/2024 | $170.00 → $155.00 | Buy | Citigroup | |
6/25/2024 | $7.70 → $8.30 | Sell → Neutral | Citigroup | |
6/20/2024 | $21.00 | Neutral → Overweight | JP Morgan | |
5/31/2024 | $11.90 → $18.00 | Neutral → Buy | UBS | |
5/29/2024 | $110.00 | Buy | HSBC Securities |
SHANGHAI, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC) (the "Company" or "Yum China") today announced that Andy Yeung, who has served as the Company's Chief Financial Officer since October 2019, intends to resign as the Company's Chief Financial Officer for personal reasons. Andy will step down as the Company's Chief Financial Officer, effective September 30, 2024, and will serve as Senior Advisor to the Company's Chief Executive Officer from October 1, 2024 to February 28, 2025. Adrian Ding, who has been with the Company since March 2019 and currently serves as the Company's Chief Investment Officer and General Manager of the Company's Lavazza joint venture, has been ap
USA News Group News Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftl
SHENZHEN, China, April 17, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ:BIDU) ("Baidu" or the "Company"), a leading AI company with strong internet foundation, yesterday announced the launch of the second ERNIE Cup Innovation Challenge. Following the success of the inaugural competition, this year's challenge is open to entrepreneurial teams focused on AI-native applications from around the world, offering the chance to receive up to RMB 50 million in funds and resources. This year's ERNIE Cup, unveiled at the Create 2024 Baidu AI Developer Conference by Baidu Co-founder, Chairman, and CEO Robin Li, substantially enhances support for entrepreneurs, including more strategic investments, business
SC 13G/A - Yum China Holdings, Inc. (0001673358) (Subject)
SC 13G - New Oriental Education & Technology Group Inc. (0001372920) (Subject)
SC 13D - KE Holdings Inc. (0001809587) (Subject)
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
Deep-pocketed investors have adopted a bullish approach towards PDD Holdings (NASDAQ:PDD), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PDD usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for PDD Holdings. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 41% leaning bullish and 33% bearish. Among these notable options
JP Morgan upgraded JD.com from Neutral to Overweight and set a new price target of $36.00 from $33.00 previously
Macquarie upgraded Yum China from Underperform to Outperform
Jefferies reiterated coverage of Baidu with a rating of Buy and set a new price target of $174.00 from $179.00 previously
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
XPENG launches its first major synchronized global OTA upgrade for eligible users across Europe, the Middle East, Southeast Asia, and other marketsDuring the 28-day beta, global users engaged enthusiastically, and nearly a hundred feedback items were integrated into the final OTA update. Additionally, there's a plan to roll out at least four OTA updates in the forthcoming year.XPENG hosted its inaugural global user OTA salon in Denmark, focusing on customer feedback and advancing smart mobility on a worldwide scale GUANGZHOU, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company has rolled
DUBLIN and SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, before U.S. markets open on Monday, August 26, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on August 26, 2024 (12:30 PM IST 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 commerce group that o
BEIJING, Aug. 19, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE:EDU), a provider of private educational services in China, today announced that its board of directors has approved a special cash dividend of US$0.06 per common share, or US$0.6 per ADS, to holders of common shares and ADSs of record as of the close of business on September 9, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the cash dividend to be paid will be approximately US$100 million. For holders of common shares, in order to qualify for the dividend, all valid documents for the transfer of shares ac
DUBLIN and SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD) today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, before U.S. markets open on Monday, August 26, 2024. The Company's management will hold an earnings conference call at 7:30 AM ET on August 26, 2024 (12:30 PM IST 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 commerce group that o
BEIJING, Aug. 19, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE:EDU), a provider of private educational services in China, today announced that its board of directors has approved a special cash dividend of US$0.06 per common share, or US$0.6 per ADS, to holders of common shares and ADSs of record as of the close of business on September 9, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the cash dividend to be paid will be approximately US$100 million. For holders of common shares, in order to qualify for the dividend, all valid documents for the transfer of shares ac
BEIJING, Aug. 15, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the "Company"), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three and six months ended June 30, 2024. Second Quarter 2024 Highlights Net revenues were RMB291.4 billion (US$140.1 billion) for the second quarter of 2024, an increase of 1.2% from the second quarter of 2023.Income from operations was RMB10.5 billion (US$1.4 billion) for the second quarter of 2024, compared to RMB8.3 billion for the second quarter of 2023. Non-GAAP2 income from operations was RMB11.6 billion (US$1.6 billion)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
6-K - New Oriental Education & Technology Group Inc. (0001372920) (Filer)
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)