Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/27/2024 | Buy → Neutral | Goldman | ||
8/27/2024 | $194.00 → $120.00 | Buy → Neutral | Citigroup | |
8/26/2024 | Outperform → Neutral | Macquarie | ||
8/26/2024 | $193.00 → $151.00 | Buy | Jefferies | |
8/23/2024 | $130.00 → $97.00 | Outperform → Mkt Perform | Bernstein | |
8/23/2024 | Buy → Hold | The Benchmark Company | ||
8/23/2024 | $14.00 → $19.00 | Equal Weight → Overweight | Barclays | |
8/22/2024 | Neutral → Outperform | Daiwa Securities |
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)
6-K - Bilibili Inc. (0001723690) (Filer)
6-K - Alibaba Group Holding Ltd (0001577552) (Filer)
SC 13G/A - Yum China Holdings, Inc. (0001673358) (Subject)
SC 13D/A - iQIYI, Inc. (0001722608) (Subject)
SC 13G/A - JD.com, Inc. (0001549802) (Subject)
BEIJING, Sept. 13, 2024 /PRNewswire/ -- iQIYI, China's leading online entertainment platform, has sparked a fresh surge of enthusiasm for stand-up comedy with the launch of its original show, The King of Stand-up Comedy. The show has quickly gained acclaim and generated widespread social buzz since its debut, highlighting iQIYI's commitment to producing high-quality comedy content. In addition to discovering new creative talent, the show has seamlessly integrated online and offline markets, fostering sustainable growth in the domestic comedy industry. Initiated by the legendary Hong Kong film star and director Stephen Chow, the show features 44 groups of comedians vying for the coveted title
The card offers benefits such as 3% cashback and a 90-day order protection, aiming to enhance value for small businesses in global sourcing LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of Alibaba International Digital Commerce Group, announced a partnership with Mastercard and Cardless to offer a co-branded credit card designed to reward businesses for cross-border and domestic sourcing purchases through Alibaba.com. Created to meet the needs of small business owners, the Alibaba.com Business Edge Credit Card will be the company's first co-branded U.S. credit card.
The platform's premier B2B e-commerce event marks the launch of its first co-branded credit card, upgraded financial and logistics solutions for U.S. businesses LAS VEGAS, Sept. 5, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of Alibaba International Digital Commerce Group, today announced its new artificial intelligence (AI)-powered sourcing agent, along with new financial and logistics solutions, at its second annual CoCreate conference, which kicks off in Las Vegas today. These solutions will help small and medium-sized enterprises (SMEs) increase sourcing efficiency and more easily navigate cross-border trade.
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
SINGAPORE, Aug. 26, 2024 /PRNewswire/ -- Trip.com Group Limited (NASDAQ:TCOM, HKEX: 9961))) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the second quarter and first half of 2024. Key Highlights for the Second Quarter of 2024 Domestic and international businesses sustained growth across all segments in the second quarter of 2024- Accommodation bookings on the Company's Chinese sites grew by approximately 20% year over year, primarily driven by robust growth in both outbound and domestic travel. - Out
DUBLIN and SHANGHAI, Aug. 26, 2024 (GLOBE NEWSWIRE) -- PDD Holdings Inc. ("PDD Holdings" or the "Company") (NASDAQ:PDD), today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total revenues in the quarter were RMB97,059.5 million (US$113,355.8 million), an increase of 86% from RMB52,280.7 million in the same quarter of 2023.Operating profit in the quarter was RMB32,564.5 million (US$4,481.0 million), an increase of 156% from RMB12,718.8 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB34,987.3 million (US$4,814.4 million), an increase of 139% from RMB14,609.4 mill
SHANGHAI, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ:BILI), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Total net revenues were RMB6.13 billion (US$843.1 million), representing an increase of 16% year over year. Advertising revenues were RMB2.04 billion (US$280.4 million), representing an increase of 30% year over year.Mobile games revenues were RMB1.01 billion (US$138.6 million), representing an increase of 13% year over year. Gross profit was RMB1.83 billion (US$252.3 milli
Goldman downgraded iQIYI from Buy to Neutral
Citigroup downgraded Pinduoduo from Buy to Neutral and set a new price target of $120.00 from $194.00 previously
Macquarie downgraded Pinduoduo from Outperform to Neutral
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
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
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