Chao Wang

Youku Tudou Inc (ADR) (NYSE: YOKU) is scheduled to report its first quarter results on Wednesday after market close. The Estimize consensus earnings per share estimate (based on four estimates) stands at a loss of $0.21 on revenue of $179.33 million. This compares to the Wall Street consensus...

Nomura initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with a Buy rating and price target of $120 on Wednesday. Analyst Chao Wang liked the company because "Alibaba’s main underlying industry, the China eCommerce market (32 percent CAGR over FY14-17F), is positioned...

JD.com (NASDAQ: JD) is uniquely positioned, but not ready to be the Chinese Amazon, according to Nomura. Analyst Chao Wang writes, “While we appreciate JD’s value in integrating the supply chain and building an extensive logistic network, we believe its current valuation has already...

In a report published Monday, Nomura analyst Chao Wang commented on China's Internet Sector. Nomura is optimistic on mobile games, search and eCommerce, but remains wary on brand ad and travel. Wang wrote, “Overall brand ad outlook is weak thus far in 2014. Luxury goods and liquor have been...

In a report published Monday, Nomura analyst Chao Wang reiterated a Buy rating on Qihoo 360 Technology (NYSE: QIHU), and raised the price target from $130.00 to $146.00. In the report, Nomura noted, “4Q13 results surprised us by their impressive operating leverage, leading to a 12ppt y-y and 1ppt...

In a report published on Tuesday, Bank of America analyst Chao Wang raised the price objective on Qihoo (NYSE: QIHU) from $41 to $50, and reiterated a Buy rating. In the report, Bank of America stated, "Management also indicates that they have stepped up monetization on the PC front. Armed...