|Bid||163.800 x 0|
|Ask||163.900 x 0|
|Day's Range||160.900 - 169.400|
|52 Week Range||103.500 - 338.000|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||242.74|
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Another US tech group is biting the dust in China. The room rental giant has said it is throwing in its complimentary towel because China’s “zero-Covid” policy has stifled tourism. The withdrawal will help local rivals in this fiercely competitive market.
The analysts had said in March that they considered the sector “uninvestable” for the next six to 12 months.
(Bloomberg) -- China’s top political advisory body plans to host a forum next week with some of the nation’s largest private-sector firms including Baidu Inc., an event that will be closely scrutinized by investors debating whether Beijing will dial back its clampdown on the technology industry.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionElon Musk Says Twitter Must Prove Bot Claims for