Newsfeeds Archive - Page 16 of 17

1 minute read

US Selects JD.com, Baidu, NetEase, Yum China After Alibaba For Audit Inspection

August 31, 7:49 AM

U.S. regulators have chosen e-commerce major JD.com, Inc (NASDAQ:J) and KFC operator Yum China Holdings, Inc (NYSE:YUMC), among other U.S.-listed Chinese companies,…

BABA

1 minute read

NetEase Acquires ‘Star Wars Eclipse’ Game Developer Quantic Dream, Marking First Studio In Europe

By Shivani Kumaresan

August 31, 6:28 AM

China-based internet and online game services provider NetEase Inc (NASDAQ: NTES) said its games division, NetEase Games, has acquired Quantic Dream S.A. The financial terms were not disclosed.

NTES

1 minute read

Citigroup Maintains Buy on NetEase, Raises Price Target to $140

By Benzinga Newsdesk

August 19, 7:39 AM

Citigroup analyst Alicia Yap maintains NetEase (NASDAQ:NTES) with a Buy and raises the price target from $132 to $140.

NTES

2 minute read

Alibaba, Other Hong Kong Stocks Show Optimism In Early Trade Even As Analysts Downgrade China Growth Projections

By Bhavik Nair

August 18, 10:18 PM

Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June.

BABA

1 minute read

NetEase Registers 13% Revenue Growth In Q2 Backed By Gaming Strength

By Anusuya Lahiri

August 18, 6:08 AM

NetEase, Inc (NASDAQ:NTES) reported second-quarter FY22 revenue growth of 12.8% year-on-year to $3.5 billion. Segments and margins: Games and related value-added services…

DAO

3 minute read

Earnings

Earnings Scheduled For August 18, 2022

By Benzinga Insights

August 18, 5:00 AM

Companies Reporting Before The Bell • Calliditas Therapeutics (NASDAQ:CALT) is expected to report quarterly loss at $1.00 per share on revenue of $7.50 million.

ADXN

1 minute read

Ray Dalio’s Bridgewater Drops Alibaba, JD.com But Bulks Up On This Chinese Tech Stock

By Shanthi Rexaline

August 12, 11:46 AM

Bridgewater Associates, billionaire investor Ray Dalio's hedge fund, has wiped its portfolio clean of almost all Chinese stocks.

BABA

1 minute read

Here’s How Much $1000 Invested In NetEase 20 Years Ago Would Be Worth Today

By Benzinga Insights

August 3, 10:53 AM

NetEase (NASDAQ:NTES) has outperformed the market over the past 20 years by 31.89% on an annualized basis producing an average annual return of 39.74%. Currently, NetEase has a market capitalization of $58.15 billion.

NTES

4 minute read

Options

10 Communication Services Stocks With Whale Alerts In Today’s Session

By Benzinga Insights

July 25, 1:37 PM

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

AMC

1 minute read

TikTok, The Chinese Social Media Giant That Spent Record Sum On US Lobbying

By Anusuya Lahiri

July 22, 1:33 PM

TikTok parent ByteDance has doled over $2.1 million in the second quarter to lobby the U.S.. government. The spend represents a 130% increase…

AMZN