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Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
11/22/2024 | Overweight → Neutral | Analyst | ||
11/19/2024 | $79.00 → $95.00 | Buy → Neutral | Citigroup | |
11/18/2024 | $70.00 → $115.00 | Equal-Weight → Overweight | Morgan Stanley | |
11/18/2024 | $18.00 | Outperform | CLSA | |
11/8/2024 | Neutral → Buy | Daiwa Securities | ||
11/6/2024 | $16.00 | Overweight | Barclays | |
11/4/2024 | $14.00 | Outperform | Bernstein | |
10/30/2024 | $24.00 → $28.00 | Neutral → Buy | BofA Securities |
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
BEIJING, Nov. 20, 2024 /PRNewswire/ -- VNET Group, Inc. (NASDAQ:VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. "We achieved strong third quarter results mainly driven by our wholesale IDC business," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "Our wholesale IDC business maintained its strong growth momentum as we capitalized on rising AI-driven demand. We also continued attracting high-quality customers during the third quarter, with six new order wins totaling 84MW. Notab
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)
6-K - Lufax Holding Ltd (0001816007) (Filer)
6-K - Kanzhun Ltd (0001842827) (Filer)
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
Analyst downgraded Pinduoduo from Overweight to Neutral
Citigroup downgraded Futu Holdings from Buy to Neutral and set a new price target of $95.00 from $79.00 previously
Morgan Stanley upgraded Futu Holdings from Equal-Weight to Overweight and set a new price target of $115.00 from $70.00 previously
SC 13G/A - Alibaba Group Holding Ltd (0001577552) (Filed by)
SC 13G/A - Futu Holdings Ltd (0001754581) (Subject)
SC 13G/A - Alibaba Group Holding Ltd (0001577552) (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
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
SINGAPORE and SHANGHAI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ:HTHT) ("H World" or the "Company"), a key player in the global hotel industry, today announced that Mr. Jun Zou will resign as the chief financial officer of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024. Ms. Chen has deep financial management expertise in the travel and hotel industries in China. She initially joined H World in 2014. From 2014 to early 2016, Ms. Chen served as H World's executive vice president of finance respo
Revenue Growth, Enhanced Profitability, and Milestone Reached in Hotel Network HONG KONG, Aug. 20, 2024 /PRNewswire/ -- H World Group Limited ((", H World", or ", the Group", , NASDAQ:HTHT) announced its unaudited financial results for the second quarter ("Q2 2024") and interim period ended June 30, 2024. In the first half of the year, revenue increased by 14.1% year-over-year, with second quarter revenue growth slightly exceeding the upper limit of guidance. H World continues to prioritize customer-centricity, continuously improving the quality of its products and services, leading the industry toward high-quality development. In the first half of 2024, the Group achieved revenue of RMB 11
BEIJING, July 30, 2024 /PRNewswire/ -- VNET Group, Inc. (NASDAQ:VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the resignation of Mr. Erhfei Liu as an independent director of the Company's board of directors (the "Board"), effective July 24, 2024. Mr. Liu resigned for personal reasons and not due to any disagreement with the Board, the Company or any of its affiliates on any matter relating to the Company's operations, policies or practices. The Board has approved the appointment of Mr. David Lifeng Chen as a new independent director of the Board, effective immediately. The Board has reviewed the indepen