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Rise Of China's Secondary Consumption: Key Stocks To Watch
Friday, March 21, 2025 - 2:51pm | 892The era of China's investment-led growth seems to have ended. The country's economic growth is expected to be driven by household consumption. Data released Monday showed China's retail sales growing 4.0% year-on-year in the first two months of 2025, accelerating from December's 3.7% growth. Given...
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A Look At What Asia's Largest Internet Company Owns
Monday, August 29, 2016 - 9:33am | 445Alibaba Group Holding Ltd (NYSE: BABA) was recently dethroned as being labeled China's most valued e-commerce company, despite its stock gaining more than 35 percent over the past year. The company that pushed its way to the number one spot is Tencent, an investment holding company with a focus on...
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UPDATE: Credit Suisse Upgrades Qihoo 360 Technology
Tuesday, November 25, 2014 - 2:11pm | 201Credit Suisse upgraded Qihoo 360 Technology Co Ltd (NYSE: QIHU) Tuesday from Neutral to Outperform and maintained an $84 price target after the company beat Q3 estimates. Analyst Jialong Shi noted that “despite the strong revenue growth, we remain concerned about the intensifying...
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Credit Suisse Upgrades China Distance Education
Wednesday, November 19, 2014 - 3:55pm | 188China Distance Education Hldgs Ltd (NYSE: DL) fast growth should generate a strong free cash flow, most of which will be returned to shareholders as dividends, an analyst said Wednesday. China Distance gained nearly 20 percent recently, changing hands at $17.95 per share. The Beijing-based...
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UPDATE: Credit Suisse Initiates Coverage on YY on Positive Outlook
Thursday, March 13, 2014 - 9:59am | 132In a report published Thursday, Credit Suisse analyst Jialong Shi initiated coverage on YY (NASDAQ: YY) with an Outperform rating and $113.00 price target. In the report, Credit Suisse noted, “We initiate coverage on YY with an OUTPERFORM rating and a target price of US$113. We expect solid 62%...