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Express News | NYSE Order Imbalance 323212.0 Shares on Buy Side
Express News | U.S.-Listed Shares of Alibaba Down 3%, JD.com off 2.8%, PDD Holdings off 1.5%
Express News | Kraneshares CSI China Internet ETF Down 2.9%, Ishares China Large Cap ETF off 2.4%
Express News | China Adrs Fall Premarket After Survey Shows China's Factory Activity Unexpectedly Dips in May
[Broker Focus] Anxin International: For the Internet stock market, pay more attention to factors other than performance, such as shareholder returns, dividend rates, increases or decreases in holdings of major shareholders, etc.
Jinwu Financial News | Anxin International reports that recent stock prices and fundamental characteristics of Internet stocks: financial performance and management expectations are not too many surprises in the current macro context; profit improvements are generally superior to revenue improvements (from horse racing to intensive farming); the market pays more attention to factors other than performance: shareholder returns, dividend rates, increase or decrease in majority shareholders' holdings (typical: Ali (09988), Tencent (00700), Pinduoduo). The bank's overall performance outlook for the second quarter of the Internet company: Tencent, Pinduoduo, Xiaomi (01810), and Kuaishou (01024) are expected to continue to grow at high profits; high dividends are low
[Broker Focus] Dongxing Securities maintains Alibaba's (09988) “Highly Recommended” rating, indicating that the competitiveness of its e-commerce and cloud computing business will stabilize, moderate and improve
Jinwu Financial News | According to Dongxing Securities Research, Alibaba (09988) achieved revenue of 211.9 billion yuan in 2024Q1, an increase of 7% over the previous year. The company achieved a year-on-year double-digit increase in online GMV and order volume during the quarter. The core is that the company continues to focus on improving the overall e-commerce shopping experience of users to meet multi-level consumer demand. Adjusted net profit of 24.418 billion yuan, a year-on-year decrease of 11%. The net loss was mainly due to changes in the market value of the listed company's equity investment held by the company, while the same period last year was net income. According to the bank, the company's strong investment in strategic priority businesses is already beginning to be seen
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