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2023-05-23 14:12:19 ET Summary Tencent outperformed expectations in Q1. With the company levered to all the right parts of the Chinese economy, the re-acceleration looks poised to continue. Relative to the 2023/2024 earnings growth potential and the basket of growth options wi...
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...
2023-05-18 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 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...
2023-05-04 05:21:00 ET Summary Baron Emerging Markets Fund gained 2.68% (Institutional Shares) during the first quarter of 2023, while its principal benchmark Index, the MSCI EM Index, returned 3.96%. The Fund may invest in companies of any market capitalization, and we have gener...
2023-05-02 12:24:33 ET Summary Microsoft Corporation reported its fiscal Q3 results on April 25 and blew away the consensus as both revenue and EPS came in much better than anticipated. Driving the outperformance were higher cloud revenues, better performance in More Personal Comp...
2023-04-27 12:30:18 ET Summary Tencent eyes AI investment, and Baidu expects an online ad rebound with AI-powered chatbots and cloud services. Tencent sees AI as a growth multiplier, with recent industry breakthroughs enhancing product innovation and expanding into new opportuniti...
2023-04-22 00:15:00 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. A crisis-driven rotati...
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Cutting-edge technologies at Hong Kong tech fairs attract over 66,000 buyers worldwide HONG KONG, Apr 16, 2023 - (ACN Newswire) - Hong Kong showcased its strengths in innovation and technology (I&T) at a series of innovation and tech fairs, including the first-ever InnoEX co-org...
Inaugural InnoEX kicks off today HONG KONG, Apr 12, 2023 - (ACN Newswire) - The first-ever InnoEX, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which is running in conjunction with the...
Inaugural InnoEX promoting Hong Kong's Innovation and Technology Development HONG KONG, Mar 28, 2023 - (ACN Newswire) - Innovation and technology (I&T) play an important role in Hong Kong's development blueprint, especially in the growing demand for smart city technologies and a...