Newsfeeds Archive - Spark Newswire

3 minute read

JPMorgan Analyst Turns Bullish On Chinese Tech Stocks Amid Improving Economic Signs, Sees Up To 25% Surge: ‘China Macro Stabilization’ The Key

June 20, 6:08 AM

A JPMorgan Chase & Co analyst, who was previously bearish on China's tech sector, is now predicting a significant increase in stock prices.

FXI

2 minute read

Chinese Central Bank Governor Dismisses Bond Trading As Monetary Easing Tool, Economists Note It Is A More Frequent Necessity

By Benzinga Neuro

June 19, 2:51 AM

China's central bank governor dismisses bond trading as monetary easing strategy as the Xi Jinping-led country battles economic concerns.

FXI

2 minute read

China’s Housing Funk Deepens As Manufacturing Falls Short

By Michael Juliano

June 17, 11:23 AM

China's housing market declined in May due to low investment and home prices, while industrial output improved. Retail sales exceeded expectations.

FXI

2 minute read

China Keeps Interest Rates Unchanged Amid Economic Uncertainty To Stabilize The Yuan And Manage Liquidity

By Benzinga Neuro

June 17, 12:09 AM

In a recent note, analysts at Bernstein have projected that the price of Bitcoin will surge to $500,000 by 2029, driven by the increasing demand for Bitcoin ETFs.

BTC

3 minute read

Uncategorized

Alibaba’s New E-Commerce Strategy Prioritizes Growth Over Profitability: ‘To Some Extent, We Shot Ourselves In The Foot,’ Analyst Warns

By Benzinga Neuro

June 11, 5:14 AM

Alibaba Group Holding is prioritizing long-term growth over near-term profits. However, analysts are warning that the e-commerce giant's efforts might be hampered by fierce competition.

BABA

2 minute read

EV Stock NIO Drops After Q1 Print, What’s Going On?

By Anusuya Lahiri

June 6, 7:24 AM

NIO Inc. reported Q1 2024 revenue of 9.91 billion yuan, down 7.2% YoY and 42.1% QoQ. Vehicle deliveries and revenue also decreased. Loss per share was $0.33. Q2 delivery guidance is 54,000-56,000 units with expected revenue growth. NIO stock down 33% in 12 months.

IEMG

2 minute read

Alibaba, Tencent Price Cuts Put Chill On China Tech: Profit Squeeze, Trade Tensions Push Stocks Near Correction Zone

By Benzinga Neuro

May 31, 5:25 AM

Chinese technology stocks are facing a significant downturn, nearing a technical correction due to profit-taking and geopolitical uncertainties.

AMD

2 minute read

China A Lost Market For Nvidia, AMD? The Asian Superpower Reportedly Sets Up Biggest Semiconductor Fund To Nurture Advanced Chipmaking

By Shanthi Rexaline

May 27, 11:49 AM

China plans to take the U.S. head-on with efforts to bolster domestic semiconductor industry, and this could bode ill for Nvidia and the likes.

AMAT

2 minute read

JPMorgan Bullish On China Stocks, Property Sector Despite Recent Struggles

By Benzinga Neuro

May 24, 6:00 AM

JPMorgan has expressed optimism about the future of China's stock market and real estate sector, despite recent challenges.

MCHI

2 minute read

Alibaba To Raise $4.5B Through Convertible Bonds For Share Buybacks Amid Fierce Competition, Slow Recovery

By Benzinga Neuro

May 24, 2:36 AM

In a bid to fund share repurchases, Alibaba Group Holding has announced a $4.5 billion convertible bond issue. This move comes amid increasing competition and a sluggish Chinese economic recovery.

BABA