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2023-07-12 07:30:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Japan drove internatio...
2023-07-10 16:39:24 ET Summary Alibaba's stock has struggled to break out of its trading range between $80 and $90, but recent developments in China's economy and the resolution of Ant Group's fine could provide a boost. Alibaba is ramping up its buybacks, with the company reveali...
2023-07-10 06:52:42 ET Summary Shares of Alibaba and Tencent rose amid optimism that China's tech crackdown is nearing its end; Alibaba's shares rose 3.2% in Hong Kong, while Tencent's rose 0.7%. New US guidelines for reviewing mergers and acquisitions could add months to the revi...
2023-07-10 05:44:57 ET The Hong Kong-listed shares of Alibaba and Tencent rose on Monday, amid optimism that China's crackdown on the technology sector is nearing the end after the central bank imposed fines on Ant Group and Tencent ( OTCPK:TCEHY ) last week. Sha...
2023-07-07 14:56:41 ET Chinese tech giant Tencent ( OTCPK:TCEHY ) said that it, along with is payment unit, Tenpay, were fined roughly $410M for what the company described as "past regulatory breaches." In a filing signed by Tencent ( OTCPK:TCEHY ) Chairman Ma Huateng, the...
2023-07-07 11:07:45 ET Summary Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may b...
2023-07-06 13:24:07 ET PDD Holdings ( NASDAQ: PDD ) shares fell more than 5% on Thursday even as the company's popular shopping app, Temu, confirmed its expansion plans. Temu is now available in Japan, its first Asian country, according to a review by Seeking Alpha. The popu...
2023-07-04 05:13:42 ET Alibaba ( NYSE: BABA ) is carrying out a strategic review of its video streaming platforms Youku and Tudou, Bloomberg News reported citing people with knowledge of the matter. One of the options under discussion is to fuse the assets into Alibaba Pict...
2023-07-03 20:00:41 ET Summary NIO Inc. reported a rebound in June vehicle delivery sales after a couple of weak months. The Chinese EV automaker forecasts a big rebound in 2H vehicle deliveries, leading to much higher gross margins. The company just obtained a $740 million ca...
2023-07-01 10:03:00 ET U.S. videogame sales rebounded with a strong year-over-year gain in May, with no small thanks due to a new game from a venerable Nintendo ( OTCPK:NTDOY ) franchise. Overall sales rose 12% to $4.118B from last May's $3.665B, according to research group Circana....
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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 , ...