Ronald Keung

Shares of PDD Holdings Inc (NASDAQ:PDD) tanked in early trading on Friday, after the company reported downbeat fourth-quarter revenues. The company, which owns Temu, reported its results amid an exciting earnings season. Here are some key analyst takeaways. Benchmark analyst Fawne Jiang reiterated...

Goldman Sachs analyst Ronald Keung maintained a Buy rating on Tencent Holdings ADR (OTC:TCEHY) and a price target of 542 Hong Kong dollars ($69.70 U.S. dollars). Keung attended the Tencent Video All-Star Night alongside investor meetings held in Macau on Jan. 4, 2025, hosted by Tencent’s...

Alibaba Group Holding Ltd.’s (NYSE:BABA) decision on Friday to change its listing status in Hong Kong could mean that the tech giant could be included in the Southbound Bond Connect by early next month, according to a Goldman Sachs analyst. “Based on Southbound Connect half-yearly...

Uxin Ltd (NASDAQ: UXIN) stock has been on quite a run in the past month, but one Wall Street analyst said Friday the red-hot stock has run too far too fast. The Analyst Goldman Sachs analyst Ronald Keung downgraded Uxin from Buy to Neutral and raised his price target for the stock from $9.10 to $9....

Uxin Ltd (ADR) (NASDAQ: UXIN), a Chinese e-commerce platform for used cars, won over a sell-side bull Thursday, with Goldman Sachs identifying three key strengths in the company. The Analyst Analyst Ronald Keung initiated coverage of Uxin shares with a Buy rating and 12-month price target...

Chinese online discount retailer Vipshop Holdings Ltd – ADR (NYSE: VIPS) is likely to suffer margin erosion in the coming quarters as it invests heavily in marketing in a bid to attract new users, according to Goldman Sachs.  The Analyst Analyst Ronald Keung downgraded Vipshop from...

This past weekend, China announced that it will be ramping its 2016 defense budget by 7.6 percent. In a new report, Goldman Sachs analyst Ronald Keung discusses what, if any, trades investors should make to play China’s new defense budget. First of all, while a 7.6 percent increase may...