38.07 +0.08 (0.21%)
After hours: 7:59PM EDT
|Bid||38.06 x 1400|
|Ask||38.07 x 1100|
|Day's Range||37.60 - 38.17|
|52 Week Range||34.76 - 50.68|
|PE Ratio (TTM)||313.97|
|Earnings Date||Aug 13, 2018 - Aug 17, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.89|
President Trump is readying tariffs on an additional $200 billion worth of Chinese goods. Yahoo Finance’s Seana Smith, Andy Serwer and Dan Roberts discuss.
Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year. Pinduoduo plans to sell about 85.6 million American Depositary Shares in an initial public offering (IPO) at a price range of $16 to $19 each, its filing late on Monday showed. Its free float will be 6.8 percent of enlarged share capital before a 15 percent "greenshoe" or over-allotment option which can be sold if there is demand, showed a term sheet seen by Reuters.
Are Chinese stocks the friend or foe of investors in today’s increasingly hostile macroeconomic climate? Politics aside, when it comes to buying or shorting China-based tech stocks JD.com (NASDAQ:JD) and Weibo Corporation (NASDAQ:WB), it may be one or the other. In order to build a more robust risk-adjusted investment, this strategist believes the price chart and options market are the tools of choice for investors.
The tense climate between the US and China, which has seen the two largest world economies target each other with trade restrictions, is worrying Chinese e-commerce giant JD.com (JD). The trade tensions have forced JD to pause its US expansion plans, the company’s founder and chief executive officer, Richard Liu, told CNBC last month.
Online retailers are increasingly using self-made shopping holidays to fuel sales, and JD.com (JD) is keeping up with the trend. While Amazon (AMZN) has its Prime Day and Alibaba (BABA) has Single’s Day, JD has its 618 Shopping Festival, which commemorates its founding on June 18.
July 13 (Reuters) - Csg Smart Science & Technology Co Ltd : * SAYS IT SIGNS STRATEGIC AGREEMENT WITH BEIJING JINGDONG CENTURY TRADING ON COOPERATIONS IN AREAS SUCH AS BIG DATA AND SMART LOGISTICS * SAYS ...
The stock market’s nemesis recently has been escalating trade war tensions between the U.S. and China. Every time the market has a good day, some wild card emerges in the U.S.-China trade war saga, and that wild card weighs on stocks. Most recently, the wild card was U.S. President Donald Trump threatening to slap a 10% tariff on an additional $200 billion worth of Chinese imports.
JD.com Inc's finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion. JD Finance will reach a valuation of 133 billion yuan ($19.8 billion) after the closing of the fundraising, it said in a statement.
JD.com Inc's finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion. The fundraising underscores investor enthusiasm for big, privately-held Chinese technology companies even as public valuations falter.
MARKET PULSE Gabelli & Co. analyst Brett Harriss downgraded shares of Altaba Inc. (aaba) to hold from buy on Wednesday, in reaction to the company's recent announcement that it would sell about a third of its stake in Yahoo Japan to Softbank Group Corp.
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / U.S. markets closed higher Tuesday as the kickoff of the latest corporate earnings season outweighed ongoing trade war concerns. The Dow Jones Industrial Average ...
Based in Beijing, Nasdaq-listed Secoo operates an online and offline shopping platform that offers men’s and women’s clothing, bags, shoes, watches, and accessories including sunglasses, belts, scarfs ...
With the stock market near record highs, it can be hard for investors to know where to turn. On the other hand, the big and popular tech stocks, such as the FAANG names, are already widely-known and highly-priced. Taking that into account, here are four potential multibagger stocks that are more off the beaten path.
After a quarterly Chinese trip, KeyBanc Capital Markets came away with mixed views on internet and e-commerce companies based out of the world's second-largest economy. The Analyst Analyst Hans Chung upgraded ...
Shares of Baidu Corp. (bidu) are up 2.6% in premarket trading after KeyBanc Capital Markets analyst Hans Chung upgraded the stock to overweight from sector weight. Chung is optimistic about artificial intelligence, which he said serves as a "call option for long-term growth given the early stage of business and market development." He also weighed on iQiyi Inc. (iq) which spun out from Baidu earlier this year. Credit Suisse analyst Thomas Chong also turned bullish on Baidu shares on Monday, upgrading the stock to outperform from neutral and citing the continued strength of the company's news feed.
Secoo Holding Limited (“Secoo” or the “Company”) (SECO), Asia's largest online integrated upscale products and services platform, today announced a US$175 million investment in the form of a three-year convertible note from L Catterton Asia (“L Catterton”), the Asian unit of the largest and most global consumer-focused private equity firm in the world, and JD.com (“JD”) (JD), China’s largest retailer.
The innovation is an example of novel ways China’s ecommerce retailers, once stereotyped as selling cheap and shoddy goods, are evolving to meet more discerning and upscale preferences of Chinese consumers. China’s consumer base is vast but online retailers are locked in furious competition: Alibaba’s Taobao, Taobao spin-off Tmall, Tencent’s WeChat stores and JD.com are all vying for more eyeballs and sales volume. Trust in products and reliable delivery have become key advantages as they face-off with each other for a greater stake in an online retail market worth Rmb7.18tn in sales ($1.12tn) last year alone, according to China’s commerce ministry.
Vipshop Holdings Ltd (NYSE:VIPS) is one of China’s more heated battleground companies. VIPS stock started US trading back in 2012 around a (split-adjusted) 50 cents per share. It then launched a mercurial run, with VIPS stock reaching as high as $30.
MARKET PULSE Morgan Stanley analyst Grace Chen raised her price target on Alibaba Group Holding Ltd. (baba) shares to $240 from $230 on Tuesday, writing that the company's investments could help it widen the gap between it and rivals.
The " Fast Money " traders shared their first moves for the market open. Carter Worth was a buyer of Johnson & Johnson JNJ Dan Nathan was a buyer of JD.com JD Steve Grasso was a buyer of Avis Budget Group CAR Tim Seymour was a seller of JD.
The day after Chinese e-commerce giant JD.com Inc.’s mid-year sale, a company drone took off from a playground in the city of Xi’an to deliver one of the orders in a football-sized box to a village in the mountains to the south. The six-rotor craft is one of about 40 JD.com designed to cut delivery times for items such as smartphones and food to remote areas where land transport is too expensive or slow. JD.com is racing companies from across the world to develop unmanned aerial vehicles with the strength, range and reliability to deliver goods on a large scale and solve the expensive “last-mile” problem for couriers.
Moody's Investors Service has upgraded JD.com, Inc.'s issuer and senior unsecured ratings to Baa2 from Baa3. "The rating upgrade reflects the reduced risk of a capital call on JD.com as it completes the disposal of its equity stake in JD Finance, and the company's demonstrated ability to grow its core retail business in a profitable way," says Lina Choi, a Moody's Vice President and Senior Credit Officer. "The positive outlook reflects our expectation that JD.com will continue to grow its cash flow and expand its business profile," adds Choi who is Moody's Lead Analyst for JD.com.