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China's macroeconomic indicators provided equity markets with a solid backdrop as the week began. Unfortunately, disappointing earnings reports from Chinese internet companies subsequently rained on investors' parade. The reversal in media narrative to positive failed to sustain the s...
A slew of positive macro and company-specific news saw investors clamoring for Chinese stocks and sending their share prices higher. With Xi Jinping's third-term re-election largely assured, investors could also be relieved by a likely continuation of an administration they are famili...
The exchange-traded fund that concentrates on companies in emerging markets from the Technology and Financial sectors. The ETF has underperformed the broader market as a result of China's regulatory crackdown sending Chinese stocks lower. The biggest risk of the ETF remains its la...
China announced a plethora of macro data last week where all but retail sales missed expectations. News on the populous country continued to spell doom and gloom. Investors are sitting up and realizing 'the bark is worse than the bite' on China matters. The correction in the narra...
Amid concerns over his safety and well-being, Jack Ma, the founder of Alibaba Group, was spotted in Hong Kong. The Chinese President clarified the goal of his "common prosperity" drive is not "uniform egalitarianism" and explained how China will get there. Beijing has plenty ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I fully understand why it’s very tempting to buy Alibaba (NASDAQ: BABA ) stock at this point. The company’s shares have tumbled a great deal in the last six months, yet the company remains one of the b...
Chinese tech stocks such as Alibaba (NYSE:BABA) and Baidu (NASDAQ:BIDU) gained ground Monday on the heels of a Beijing business regulator placing a fine on one of China's online food-delivery giants that wasn't as large as had been anticipated. Late Friday, China's State Administration for Ma...
U.S. lawmakers' deal on a short-term debt ceiling extension spurred a bullish run on stocks last week but the depressed Chinese equities rallied even more. Cheery macro data and developments are supporting the bullish narrative for Chinese stocks. Despite the headwinds from a more...
The representative ETFs of Chinese companies outperformed their U.S. counterparts in the past week despite the lingering Evergrande debt crisis and power shortage that affected a large swathe of China. Judging by the share price action of TCOM, shareholders could have been bracing for...
The risks to the economy from a potential collapse in Evergrande are overstated. The purported impact on Chinese Internet stocks is specious. Chinese e-commerce platforms could benefit from the mitigation efforts by the government in the 'rescue' of Evergrande and the boosting of reta...
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Meituan Dianping ADR Repstg 2 Cl B Shs Company Name:
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Meituan Announces Financial Results for the Year Ended December 31, 2023 PR Newswire HONG KONG , March 22, 2024 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China , today announced the audited consolidated...