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home / news releases / VIPS - A Tale Of Two Stocks: Luckin Coffee And IQIYI


VIPS - A Tale Of Two Stocks: Luckin Coffee And IQIYI

By ALT Perspective

Stocks of Chinese companies (CQQQ)(FXI)(MCHI) generally did well amid a buoyant sentiment among market players. The Chinese Internet sector representative ETF, the KraneShares CSI China Internet ETF (KWEB), performed decently, closing up 2.4 percent for the week. Among the key holdings of the KWEB ETF, the share prices of e-commerce players Pinduoduo (PDD), JD.com (JD), Alibaba Group (BABA), and Vipshop (VIPS) appreciated more than the ETF itself.

Chinese video streaming site Bilibili Inc. (BILI)

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Stock Information

Company Name: Vipshop Holdings Limited American Depositary Shares each representing two
Stock Symbol: VIPS
Market: NYSE
Website: vip.com

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