Sunil Garg of Lighthouse Canton shares his outlook for e-commerce company PDD and compares China's banks sector to that of India and Korea's. Source link
Read more There is ‘lack of confidence’ in market on Chinese banks’ balance sheets: StrategistChinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC’s Emily Tan in an…
Read more After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a…
Read more Alibaba was once a Wall Street darling. After plunging 75% over three years, what's next?Wall Street analysts are betting big on one Chinese e-commerce giant: PDD Holdings . Investment firms Morgan Stanley, JPMorgan and Morningstar have all raised their price target for…
Read more Wall Street’s new e-commerce darling just overtook Alibaba in market cap — one analyst says it's a 'standout growth stock'Chinese tech players like Baidu , Alibaba and Tencent have largely been viewed favorably by investors, even as the Asian powerhouse has been experiencing slower growth. One tech…
Read more Portfolio manager explains why he has the ‘most conviction’ in this China tech stockThe explosive growth of Temu, the U.S. arm of Chinese e-commerce giant Pinduoduo , could spell trouble for some major retailers, according to Bank of America. Temu offers…
Read more These big names in retail could get hit by Temu’s surging growth, Bank of America saysA package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images…
Read more Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea appsCourier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33%…
Read more Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debutSignage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images…
Read more Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AICheck out the companies making headlines in midday trading. Best Buy — Shares popped nearly 6% after the retailer’s fiscal second-quarter earnings beat on both the top and…
Read more Stocks making the biggest moves midday: Best Buy, Big Lots, Coinbase, Nio and moreImagine a consumer base roughly the size of the adult U.S. population. That’s approximately how large China’s “premium” consumer population is – and it’s a “huge” opportunity for…
Read more What China’s resilient big spenders are buying and the stocks that benefitTwo people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Images Chinese…
Read more China’s Shein denies U.S. IPO rumors
