• Dump These 5 Toxic Stocks From Your Portfolio to Avoid Losses
    Zacks

    Dump These 5 Toxic Stocks From Your Portfolio to Avoid Losses

    Figuring out bloated toxic stocks on a consistent basis and discarding them at the right time is important for safeguarding your portfolio.

  • 3 Stocks Striving to Fight Coronavirus Using Power of AI
    Zacks

    3 Stocks Striving to Fight Coronavirus Using Power of AI

    AI companies have immense potential to aid in surveillance and antidote search amid the coronavirus outbreak. Here are three stocks to keep a close watch on

  • Thomson Reuters StreetEvents

    Edited Transcript of BITA earnings conference call or presentation 26-Mar-20 12:15pm GMT

    Q4 2019 Bitauto Holdings Ltd Earnings Call

  • GoDaddy (GDDY) Catches Eye: Stock Jumps 6.4%
    Zacks

    GoDaddy (GDDY) Catches Eye: Stock Jumps 6.4%

    GoDaddy (GDDY) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • Momo Inc. (NASDAQ:MOMO) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
    Simply Wall St.

    Momo Inc. (NASDAQ:MOMO) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

    Momo Inc. (NASDAQ:MOMO) stock is about to trade ex-dividend in 3 days time. Investors can purchase shares before the...

  • Is There Now An Opportunity In SINA Corporation (NASDAQ:SINA)?
    Simply Wall St.

    Is There Now An Opportunity In SINA Corporation (NASDAQ:SINA)?

    SINA Corporation (NASDAQ:SINA), which is in the interactive media and services business, and is based in China, saw a...

  • Is NetEase (NTES) Outperforming Other Computer and Technology Stocks This Year?
    Zacks

    Is NetEase (NTES) Outperforming Other Computer and Technology Stocks This Year?

    Is (NTES) Outperforming Other Computer and Technology Stocks This Year?

  • Broadcom's (AVGO) Ethernet Adapters Adopted by Baidu Cloud
    Zacks

    Broadcom's (AVGO) Ethernet Adapters Adopted by Baidu Cloud

    Broadcom's (AVGO) SmartNIC Ethernet adapters implemented in Baidu Cloud.

  • 5 DuPont-Tested Winning Stocks
    Zacks

    5 DuPont-Tested Winning Stocks

    Use the DuPont technique to pick solid profit-generating stocks.

  • Thomson Reuters StreetEvents

    Edited Transcript of CYOU earnings conference call or presentation 9-Mar-20 10:30am GMT

    Q4 2019 Changyou.Com Ltd Earnings Call

  • JD.com, Inc. (JD) Gains As Market Dips: What You Should Know
    Zacks

    JD.com, Inc. (JD) Gains As Market Dips: What You Should Know

    In the latest trading session, JD.com, Inc. (JD) closed at $40.50, marking a +0.27% move from the previous day.

  • Chinese Shoppers Can Go Out Again. Online Buys Show They Won’t
    Bloomberg

    Chinese Shoppers Can Go Out Again. Online Buys Show They Won’t

    (Bloomberg) -- China’s consumers are shopping online again. But their purchases signal they plan to stay indoors for the foreseeable future, dashing hopes for a spending recovery as the nation contemplates its post-virus world.Lunch boxes saw 120 times more searches in the last 30 days as the virus pushes people to prepare their own food even after returning to the office, according to March 26 data from Index.1688, which collects information from Alibaba Group Holding Ltd.’s shopping sites.Portable tableware, foldable spoons and work clothing also surged in popularity, while items typically given as gifts or used for travel and outdoor activities haven’t shown signs of recovery.Yoga mats and hula hoops for home exercise also climbed in demand, a bad sign for gyms waiting for the return of patrons.The data undermines predictions of a V-shaped recovery in the world’s biggest consumer market that has seen more than 80,000 infections and 3,000 deaths from Covid-19. While big operators like Starbucks Corp. and Yum China Holding Inc. have been reopening outlets, they face a public that’s preferring to stay home after work and continue to social distance, even though official data indicates China’s number of new infections fallen to zero.China’s experience may prove an important indicator for how the rest of the world recovers. Even after outbreaks are contained, lingering fear is likely to change consumer behavior for longer than expected.“Consumers are still cautious about going out and many of those venues are not yet back to full working mode,” said Jason Yu, Shanghai-based general manager of Kantar Worldpanel. Items for a return to work, such as instant coffee, hair and skin-care products, are recovering ahead of the market, he said.Other products to post a spike in searches include contact-less thermometers, suits and stationery, according to Index.1688.A report by JD.com Inc.’s research center also shows work-related consumption speeding ahead of other categories. China’s second-largest e-commerce company sold five times more lunch boxes in late February than a month earlier, while powerbanks, office equipment and stationery are also high up the list.“Consumption of staples is clearly outshining discretionary or luxury goods in what is still very much a lukewarm and uneven recovery,” Ned Salter, head of global research at Fidelity International, said in a statement. “We need to see more consumer confidence to sustain the improvement and that will depend on how well China deals now with imported cases to contain the virus fully.”A Coronavirus Vaccine in 18 Months? Experts Urge Reality CheckRetailers in China have been cautious in their forecasts since the virus emerged.Yum China Holding Inc., which operates KFC and Pizza Hut in the country, has said the second quarter will be “challenging” and patience is needed. Anta Sports Products Ltd., the country’s biggest sportswear maker, forecasts the first six months of 2020 will be “tough throughout”.About 60% of listed restaurant operators in China are at risk of running out of cash within six months, according to data compiled by Bloomberg and company reports.With the food and beverage industry reeling, local governments are trying to boost consumption by urging officials to dine out in restaurants and shop in malls. Vouchers are being given out by cities including Hangzhou and Nanjing as well as shopping platforms Meituan Dianping and Suning.com Co. to spur spending.While China’s new infection numbers have plunged, the pandemic is widening globally with cases worldwide now topping 786,000 and more than 37,800 dead. Chinese factories are experiencing a second shockwave as western clients cancel orders en masse.Luiz Chen, a 31-year-old auditor in Guangzhou, recently bought moisturizing masks and a new dress before returning to the office but said she won’t be treating herself to anything expensive after her employer froze bonuses for the past two months.“I’m scared to get a salary cut or even lose the job,” said Chen. “Economic crisis seems not far away. How can I have the good mood to buy buy buy?”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Momo Inc. (NASDAQ:MOMO) Analysts Are Way More Bearish Than They Used To Be
    Simply Wall St.

    Momo Inc. (NASDAQ:MOMO) Analysts Are Way More Bearish Than They Used To Be

    One thing we could say about the analysts on Momo Inc. (NASDAQ:MOMO) - they aren't optimistic, having just made a...

  • Are Investors Undervaluing JOYY (YY) Right Now?
    Zacks

    Are Investors Undervaluing JOYY (YY) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • YY vs. HSTM: Which Stock Is the Better Value Option?
    Zacks

    YY vs. HSTM: Which Stock Is the Better Value Option?

    YY vs. HSTM: Which Stock Is the Better Value Option?

  • Should You Be Concerned About Fang Holdings Limited's (NYSE:SFUN) Historical Volatility?
    Simply Wall St.

    Should You Be Concerned About Fang Holdings Limited's (NYSE:SFUN) Historical Volatility?

    If you own shares in Fang Holdings Limited (NYSE:SFUN) then it's worth thinking about how it contributes to the...

  • The Attractive Combination That Could Earn Autohome Inc. (NYSE:ATHM) A Place In Your Dividend Portfolio
    Simply Wall St.

    The Attractive Combination That Could Earn Autohome Inc. (NYSE:ATHM) A Place In Your Dividend Portfolio

    Is Autohome Inc. (NYSE:ATHM) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...

  • Bloomberg

    SoftBank-Backed Car Trading Platform Is Said to Explore Funding Options

    (Bloomberg) -- China’s car trading platform Chehaoduo Group, backed by SoftBank Vision Fund, is exploring options to raise several hundred million dollars after auto sales took a hit in the coronavirus outbreak, according to people familiar with the matter.The company is studying possibilities including equity fundraising and asset-backed securities issuance, said the people, who asked not to be identified as the discussions are private. The car platform is also considering seeking support from local government, one of the people said.Chehaodou, which means “a lot of cars” in Chinese, is arranging virtual meetings with potential investors, the people said. Deliberations are ongoing and the company hasn’t made any final decisions on the fundraising plans, they said.A funding round could come after auto sales in China slumped on the coronavirus pandemic, although potential buyers are gradually returning to showrooms as the country loosens travel restrictions and rolls out subsidies. Chehaoduo is looking for fresh capital to bankroll its expansion in the car services market, one of the people said.Chehaoduo has worked with local governments before. In 2018, it received 3 billion yuan ($423 million) in funding from the city government of Kunshan, where it set up the headquarters for one of its units, local media reported at the time.Backed by 58.com Inc., which operates China’s largest classified online marketplace, Chehaoduo is also weighing an initial public offering in late 2020, the people said. Hong Kong or the U.S. are among the potential listing venues, one of them said.Chehaoduo said in a statement that it’s in the process of fundraising, declining to comment further.Chehaoduo runs online automotive retail businesses including used car trading platform Guazi.com, which was launched in 2015, and Maodou.com, an online new car marketplace set up in 2017, 58.com’s 2018 annual report said. They also provide post-sales maintenance services, financing and insurance solutions in over 200 cities across China, said the report.The company announced in October 2018 on its official WeChat account that its valuation had reached $6.6 billion after completing a so-called C plus round of capital raising. Five months later, the firm said it had raised another $1.5 billion from SoftBank Vision Fund, valuing it at more than $9 billion.The platform counts an array of private equity firms as its investors including Capital Today China, Yunfeng Capital, FountainVest Partners and IDG Capital. 58.com, which has long been one of Chehaoduo’s key backers, said in its 2018 annual report that it was in a process to sell down its holding in the company to roughly 8% from 19.1%.58.com plans to acquire the business-to-business online second-hand car auction unit of Chehaoduo’s major market rival Uxin Ltd. for $105 million, according to an announcement by Uxin on March 24.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • NetEase (NTES) Gains But Lags Market: What You Should Know
    Zacks

    NetEase (NTES) Gains But Lags Market: What You Should Know

    In the latest trading session, NetEase (NTES) closed at $306.91, marking a +1.85% move from the previous day.

  • Baidu Inc. (BIDU) Gains But Lags Market: What You Should Know
    Zacks

    Baidu Inc. (BIDU) Gains But Lags Market: What You Should Know

    Baidu Inc. (BIDU) closed at $98.95 in the latest trading session, marking a +1.35% move from the prior day.

  • Alphabet's Google to Donate $800M to Combat Coronavirus
    Zacks

    Alphabet's Google to Donate $800M to Combat Coronavirus

    Alphabet's (GOOGL) Google announces that it will donate more than $800 million to produce medical supplies in an effort to fight COVID-19.

  • Is Vipshop Holdings (VIPS) a Great Stock for Value Investors?
    Zacks

    Is Vipshop Holdings (VIPS) a Great Stock for Value Investors?

    Let's see if Vipshop Holdings Limited (VIPS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Thomson Reuters StreetEvents

    Edited Transcript of VIPS earnings conference call or presentation 5-Mar-20 12:30pm GMT

    Q4 2019 Vipshop Holdings Ltd Earnings Call

  • Is NetEase (NTES) a Profitable Pick for Value Investors Now?
    Zacks

    Is NetEase (NTES) a Profitable Pick for Value Investors Now?

    Let's see if NetEase (NTES) stock is a good choice for value-oriented investors right now from multiple angles.

  • Are Investors Undervaluing Bitauto Holdngs (BITA) Right Now?
    Zacks

    Are Investors Undervaluing Bitauto Holdngs (BITA) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.