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2023-05-21 18:00:00 ET Summary Alibaba beat estimates and the stock tanked anyway. Our Beijing Bubble deflation thesis is playing out as expected. The stock has worked into its valuation but cloud pricing looks cataclysmic. We look at the rich option implied volatility as ...
2023-05-20 10:00:00 ET U.S. videogame sales fell year-over-year for the second straight month in April, as a broad content decline more than offset more gains in console sales. Overall sales dipped 5% to $4.123B from last March's $4.32B, according to research group Circana. On a yea...
2023-05-19 10:14:18 ET Tencent (OTC: TCEHY) once seemed like a promising long-term play on China's booming tech sector. It's the world's largest video game publisher, and its top games dominate China's gaming market. It owns WeChat (also known as Weixin), the leading "super app" in ...
2023-05-18 10:00:17 ET Summary Alibaba Group Holding Limited's growth slowed to 2% in the March quarter, underperforming consensus revenue estimates. Alibaba full-year growth was the slowest in almost a decade, underscoring the weight of ongoing macroeconomic, regulatory, and geop...
2023-05-17 23:07:00 ET Summary Chinese equities have recently been driven by idiosyncratic risks: China’s self-inflicted tech regulations, U.S.-China trade tensions, overbuilding and problems with real estate developers, and COVID-19 lockdowns and questions over the pandemic...
2023-05-17 15:00:22 ET Image source: The Motley Fool. Tencent (OTC: TCEHY) Q1 2023 Earnings Call May 17, 2023 , 8:00 a.m. ET Wendy Huang Continue reading For further details see: Tencent (TCEHY) Q1 2023 Earnings Call Transcript
2023-05-17 12:28:10 ET Tencent Holdings Limited (TCEHY) Q1 2023 Earnings Conference Call May 17, 2023, 8:00 AM ET Company Participants Wendy Huang - Investor Relations Pony Ma - Chairman and Chief Executive Officer Martin Lau - President James Mitchell - Chie...
2023-05-17 06:00:51 ET Tencent ( OTCPK:TCEHY ): Q1 net profit of RMB25.8B Revenue of RMB150B (+11% Y/Y). For further details see: Tencent reports Q1 results
2023-05-17 02:07:40 ET Summary We believe PDD Holdings offers an attractive asymmetric risk-return proposition, with fair value closer to $107 per share in our view. Compared to other Chinese retail giants, it is expanding its operating margins while maintaining record top-line gr...
2023-05-16 08:36:57 ET Chinese tech stocks were largely in the red in pre-market trading on Tuesday despite stronger-than-expected results from industryl stalwarts Baidu ( NASDAQ: BIDU ) and iQiyi ( NASDAQ: IQ ). Shares of Alibaba ( BABA ) and JD.com ( JD ) eac...
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Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...
Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change PR Newswire SHENZHEN, China , May 23, 2024 /PRNewswire/ -- Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program , ...