49.60 +0.19 (0.38%)
After hours: 7:48PM EDT
|Bid||49.51 x 1400|
|Ask||49.62 x 1300|
|Day's Range||49.35 - 51.50|
|52 Week Range||34.26 - 79.20|
|Beta (3Y Monthly)||1.90|
|PE Ratio (TTM)||19.14|
|Earnings Date||Nov 26, 2019 - Dec 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.21|
A rising tide raises all boats, right? Not so much. It's starting to look like there may be a thaw in the U.S.-China trade war, but that doesn't mean everything goes back to normal.China may strike an interim deal with the U.S. for some things it wants -- like pork and soybeans -- but won't commit to a complete deal. If China agrees to an intermediate deal, that would mean President Donald Trump can claim victory, Chinese President Xi Jinping can declare victory and the markets can continue to rally.That still depends on if the two leaders can actually agree on intermediate terms. But for all the U.S. bluster, cutting a deal before the election next year and before a recession sets in at home is much more important than a wide-ranging deal set on U.S. terms.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe tech stocks below represent some important names on both sides of the Pacific. But given their ratings in my Portfolio Grader, they're falling short of other top performers in their markets and sectors. Even if the trade war cools down, don't expect it to have much of an effect on the trends of these stocks. * 10 Battered Tech Stocks to Buy Now The seven tech stocks you need to avoid here don't come close to making my list of Bulletproof Stocks. They just aren't worth the risk of buying the dip and hoping for the best. Tech Stocks to Avoid: Sina (SINA)Source: Piotr Swat / Shutterstock.com Sina (NASDAQ:SINA) is one of China's top tech firms. It owns Weibo (NASDAQ:WB), China's version of Twitter (NYSE:TWTR). It also owns a number of other complementary sites that drive traffic in and between each other.The trouble is, the Chinese economy is slowing and that doesn't help revenue. The stock is off 16% year-to-date and 30% in the past year. It may experience a bump with the trade deal, but turning the Chinese economy around will be a different deal entirely.Granted China's economy is still more than double that of most industrialized nations, but it has to maintain a higher level of growth to keep its workforce productive and expanding.There's no doubt that SINA will see brighter days, and I once had a great win with this stock a couple of years ago. But I'm all U.S. these days, and there's still a greater downside risk with SINA than there is upside opportunity. Baidu (BIDU)Source: StreetVJ / Shutterstock.com Baidu (NASDAQ:BIDU) is the Google of China. It's not the Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) of China because its doesn't have all the far-flung ventures that Alphabet has under its umbrella, and certainly doesn't have the most popular mobile operating system on the planet.However, it is China's leading search engine. And that means it is also one of the leading companies in search-engine revenue.But like many consumer-focused digital businesses right now, it is struggling in China during this economic slowdown. And an intermediate-term trade deal also comes with its own risks, like making the markets more volatile as it may not lift Chinese consumers as much as U.S. consumers.While BIDU stock is off 32% year-to-date and 50% in the past 12 months, this isn't the time to go bottom fishing. We still need signs that the Chinese consumer is back on track. NetApp (NTAP)Source: Sundry Photography / Shutterstock.com NetApp Inc (NASDAQ:NTAP) is a data storage business that focuses on U.S. companies. It has been around since the early 1990s, so it has a solid book of business and has survived the dot-com boom and bust as well as the 2008 financial crisis. It also offers a 3.4% dividend, so it's certainly a mature company that is shareholder friendly.However, the trade war has hurt business spending since many enterprise companies are affected by the global economy. A stronger dollar means lower-valued revenue from abroad, and weak economies also mean slower and fewer sales.NTAP gets its share of this. And in its recent earnings report, management warned about slowing revenue and earnings through the rest of the year. The market pounced. While the stock is only down 5% year-to-date, it's off 34% in the past year, and that means its dividend isn't helping much. I only want the highest quality from my dividend investments -- not just a high yield. Teradata (TDC)Source: IgorGolovniov / Shutterstock.com Teradata (NYSE:TDC) is an enterprise database analytics and consulting company that has offices and clients around the globe. It was formed in 1979 as a joint venture between the California Institute of Technology and Citigroup's (NYSE:C) Citibank.Again, the problem here is the "global" part of its business. With Brexit making businesses in Europe sit on their hands while waiting for a resolution, China -- and the broader Asian market -- slowing due to the trade war and money from around the world running for safety into U.S. bonds (rising the value of the dollar), this makes it very hard to keep earnings chugging along.And all this growth also slows U.S.-based firms that rely on global growth for a piece of their business.Most of TDC's losses have come in 2019, with the stock off 12% year-to-date and almost 17% in the past year. It's not a terrible value here, but while the global economy sits on the fence between recession and expansion, it's hard to get TDC's motor started.And as with all these stocks, if things get worse before they get better, there's more downside risk here. Angi Homeservices (ANGI)Source: Jonathan Weiss / Shutterstock.com Angi Homeservices (NASDAQ:ANGI) is creating the world's largest digital marketplace for home services. And given sinking interest rates in the U.S. and relatively comfortable U.S. consumers, this stock was doing well since it primarily focuses its business in the U.S.As I've made clear in Growth Investor, housing related stocks are the place to be. And with leading online brands Angie's List and HomeAdvisor, ANGI has a big lead on its competition in this sector. But there are competitors that are nipping at its heels, like hyper-local social media service Nextdoor.Economic mixed signals have hurt this high-flier in the past year. The stock is off 65% for the year and 51% year-to-date. Yet the stock is still sitting on a trailing price-to-earnings ratio around 53.Even after that significant haircut, it's still pricey. Any more bad -- or merely uninspiring -- news could easily clip this stock more. Alliance Data Systems (ADS)Source: IgorGolovniov / Shutterstock.com Alliance Data Systems (NYSE:ADS) is technically a tech company -- but it slots in the fintech space. It is one of the leading providers of loyalty and marketing services, like private-label credit and debit cards. But its business isn't really in the cards as much as it is in the data that the cards provide to the company's customers.You can learn who uses them, how they use them and how you need to market to reach your target audiences. Whether its pharmaceuticals, diapers, financial services or travel, ADS is in the space gathering data.This the newest iteration of direct mail, but it is wildly more nuanced and yields massive amounts of data.It's a great business to be sure. But it isn't so great when you're in a slow economy. And Alliance Data Systems' global exposure means that some of its business isn't doing well right now. And even in the U.S., the consumer is spending, but not with great enthusiasm.The stock is off 10% year-to-date, but almost 45% in the past year. That's not a good trend. Until things turn around, it's best to stand clear and focus on Bulletproof Stocks. DXC Technology (DXC)Source: zakiahza / Shutterstock.com DXC Technology (NYSE:DXC) is a recent spinoff of Hewlett Packard's (NYSE:HPE) 2017 merger with Computer Sciences Corporation.The new company is a global player in the technology consulting and outsource servicing sectors. But the problem here is, not only does it have to manage the integration of the CSC merger, but it also has to figure out how to organize the company during a global economic slowdown.For example, in India, DXC is having to cut about half its offices (from 50 to 26) and cut nearly 7% of its workforce. Indian operations make up more than 33% of its workforce, and thus a large segment of its revenue.This restructuring is not helping in the current environment. And as artificial intelligence makes its way into the jobs that the U.S. previously outsourced, DXC is fighting both a tough economic environment and technological shifts in its business model.It's no surprise then that the stock is off 38% year-to-date and 64% in the past year. There's no point in rushing into this one. It's not even clear if its current plan will help it emerge from its ongoing challenges. Here's Another Reason to Demand Only the Best StocksWall Street money managers have a trick up their sleeves. It's called "window dressing." When we approach the end of a quarter, big money will often buy top-performing stocks to spruce up their returns when they report the performance of their current portfolio.The influx of cash gives those stocks even BETTER returns. That's what we're about to see as the third quarter closes at month-end.And we can go along for the ride - as long as we get positioned by, say, Monday, September 16.You won't want to let the clock run out on this. After September 16, the next buying window won't really open until next earnings season.To play this with today's top dividend growth stocks, you've really got to own my Bulletproof Stocks.Click here for all 3 steps you should take right now and learn more about this phenomenon.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.The post 7 Tech Stocks You Should Avoid Now appeared first on InvestorPlace.
In this commentary, I will examine Weibo Corporation's (NASDAQ:WB) latest earnings update (30 June 2019) and compare...
Shares of Chinese social blogging platform Weibo (NASDAQ:WB) have been in a secular downtrend ever since the trade war officially started in late January 2018. At the time, Weibo stock was a $130 stock that could do no wrong. By August 2019, Weibo stock was a $35 stock that could do no right.Source: testing / Shutterstock.com In other words, in a 19 month stretch from January 2018 to August 2019, WB stock lost more than 70% of its value and went from big-time winner to big-time loser.But, signs are starting to emerge that this multi-month decline in WB stock may be over. Specifically, over the past month, WB stock is up nearly 25% - marking one of its biggest one-month rallies over the past two years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIs recent strength in WB stock just noise? Or is it the start of a big, multi-month rebound? I think the latter - for three big reasons.First, the fundamentals are turning a corner, and imply that the stock is undervalued here and now. Second, the optics are steadily improving, and project to keep improving for the foreseeable future. Third, the technicals support the idea that WB stock tested and held a multi-year support level at $40, and is now ready to roar higher from here. * 7 Deeply Discounted Energy Stocks to Buy The takeaway? The turnaround in WB stock is here to stay, and buying WB stock on this rebound bid seems like the smart move. 1\. Improving FundamentalsFirst, and foremost, this turnaround in WB stock seems like the real deal because the fundamentals underlying WB stock are turning a corner, and imply that the stock is undervalued here and now.Underneath the hood, Weibo's numbers last quarter showed signs of gradual improvement.Monthly active user growth quarter-over-quarter was 4.5% - the biggest sequential user growth rate in four quarters - amid multiple initiatives from management to make the platform more immersive, social, and engaging.Further, constant currency revenue growth is expected to be 7.5% next quarter, up from this quarter's 7% growth rate and ending a multi-quarter streak of decelerating revenue growth which dates back two years.Perhaps most importantly, trailing 12-month adjusted EBITDA margins dropped just 14 basis points quarter-over-quarter, the slowest compression there in three quarters. The reason? Management is effectively cutting back on sales and marketing spend.Net net, then, the quarter had all the makings of a "turnaround quarter." User growth acceleration? Check. Revenue growth trend reversal? Check. Margins starting to stabilize? Check.Given that these positive developments are the result of management's recent actions, I think that these positive developments have a runway. Broadly, I think Weibo can and will return to double-digit revenue growth over the next several years, while margins will inch higher with improved scale, paving the path for $5 in EPS by fiscal 2025.Based on a market-average 16-forward multiple and 10% discount rate, that equates to a 2019 price target for WB stock of $50. 2\. Improving OpticsSecond, the turnaround in WB stock appears to have legs because the optics surrounding the stock are improving, and will continue to improve for the foreseeable future.There are three things here. First, China's economy, which has been rattled by the trade war for 20 months, is finally starting to stabilize, led by a surprising rebound in China's consumer economy. This stabilization should persist, and potentially even lead to a rebound. As the China economic environment does improve, it will create a rising which will lift all boats, Weibo stock included.Second, the U.S.-China trade war, which has coincided with a 70% drop in WB stock, is cooling off. The U.S. and China have agreed to resume trade talks in October. Given that neither side wants to escalate this trade war much further, I think that the October trade talks will actually lead to a meaningful resolution, or won't result in any further escalation at the very least.With the trade war headwind easing both now and for the foreseeable future, WB stock can and should move higher with most other China tech stocks.Third, Weibo is launching its own Instagram-like platform, dubbed Oasis. This new product has the potential to be really, really big. It's an image-focused, social lifestyle app that appears to be catered towards visual experience sharing. Apps like this in the U.S. - see Instagram, Snap (NYSE:SNAP), Tik Tok, etc - have done very well. Oasis could do just as well in China. The hype surrounding this new app will inevitably provide a multi-quarter lift to Weibo investor sentiment. 3\. The Technicals Support a ReversalThe third big reason to believe in the WB stock turnaround is that the technicals imply that this stock could be in the process of a huge reversal.See the attached chart. We've all seen charts like this before. They look like pyramids. The stock goes up super big in the first half of the chart, and then proceeds to give back all those gains in the second half of the chart. Click to EnlargeBut, every time you get this pyramid formation, you come to a point where the stock has retraced all of its gains in the given time frame. WB stock is at that point right now. By eclipsing $40 in August 2019, Weibo stock has given up all of its gains over the past few years and has completed this pyramid formation.What's next? If the stock doesn't hold the support level, more downside. If it does, a potential reversal.Weibo stock did hold this support level around $40. It has since shown significant signs of strength in rebounding to the mid-$40's. Thus, the technicals here seem to imply that the worst of the Weibo stock decline is over. Bottom Line on Weibo StockWeibo stock has been in a secular downtrend since early 2018. But, all major signs (improving fundamentals, favorable optics, and bullish technicals) imply that this downtrend is over.As such, over the next several months to quarters, I think WB stock can and will stage a meaningful recovery rally.As of this writing, Luke Lango did not a hold a position in any of the aforementioned securities, but may initiate a long position in WB within the next 72 hours. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 3 Big Reasons to Believe in the Weibo Stock Turnaround appeared first on InvestorPlace.
Chinese microblogging website Weibo Corp has taken down an Instagram-like app just three days after its launch and apologised following accusations of plagiarism about the app's logo, in a stumble for efforts to find new sources of growth. Weibo, launched by Sina Corp in 2009, is one of China's most established social networking companies alongside the likes of Tencent Holdings Ltd. But it has been seeking new ways to grow in the face of competition from startups including short video apps Douyin and Kuaishou. The company, backed by Alibaba Group Holding Ltd, launched image-sharing app Oasis on Monday.
For American viewers, the Netflix documentary American Factory reveals the life of US workers on Chinese-owned production lines.But for Chinese viewers, the film serves as a reminder of the human costs behind China's rise as a manufacturing superpower " and it has generated strong interest in the country as the US-China trade war intensifies.The film, backed by Barack and Michelle Obama's new production company, documents how Chinese auto-glass company Fuyao built a factory near Dayton, Ohio, where thousands of workers were laid off when General Motors closed its plant in the rust belt a decade ago.Fuyao brought not only new jobs to Ohio, but also the high expectations and harsh management style that are customary in factories across China. It most notably spent more than US$1 million to put down a unionising campaign.Although Netflix is not available in mainland China, pirated and Chinese-subtitled copies of the film have been circulated online, and it has been widely discussed on social media.On popular social network WeChat, a post offering a summary of the documentary along with discussion of whether Fuyao could be considered representative of a Chinese-run factory has been viewed more than 100,000 times.Meanwhile, an entry under the hashtag AmericanFactory on Weibo was read more than 10 million times, with many commenters saying they had mixed feelings about the documentary.Workers in the furnace tempering area of the Fuyao factory in Dayton, Ohio, in a still from "American Factory". Photo: Netflix via AP alt=Workers in the furnace tempering area of the Fuyao factory in Dayton, Ohio, in a still from "American Factory". Photo: Netflix via APFuyao's investment in Ohio was welcomed at first, but the cultural gap soon emerged.The American workers complained about long hours and insufficient safety measures. The Chinese management staff on the production lines were unhappy about the pace of the American workers and the quality of the products they were making.Fuyao's billionaire chairman, Cao Dewang " a household name, dubbed "the king of glass" in China " visited the factory, replacing the top American manager with a Chinese who had years of experience in the US.Some Chinese viewers noted that it was especially interesting to watch against the backdrop of the escalating dispute between Beijing and Washington."It's a good documentary and it stirred mixed feelings as we watched it at this time, during the US-China trade war," one person wrote on Weibo.Another commenter said he had a better understanding of why US President Donald Trump was so eager to start the trade war after seeing the plight of the rust-belt city in the documentary.At the Fuqing factory, migrant workers live in dormitories and work 12-hour shifts. Photo: Handout alt=At the Fuqing factory, migrant workers live in dormitories and work 12-hour shifts. Photo: HandoutOther viewers expressed their fascination with the sharp contrast between Fuyao's factories in America and China.The Ohio employees worked eight hours a day, five days a week. Some made enough to rent their own apartments. They complained about the low wages and safety hazards despite the difficulty of finding other factory jobs.In the southeastern Chinese city of Fuqing, however, migrant workers lived in dormitories, worked 12-hour shifts and went home once or twice a year. They chanted slogans every morning pledging to work hard. They picked up shattered glass with minimal protection.The contrast has led to a wave of reflections on the life of blue-collar workers in China as well as a heated debate over whether the country's economic success has justified their ordeal or not.Some regard the film as a poignant criticism of China's labour abuse, which includes harsh working conditions, a workplace culture that encourages self-sacrifice, and state crackdowns on independent unions."Who doesn't know China's efficiency comes from stripping low-class workers of their health, safety and dignity?" read the top-voted comment on review site Douban."Chinese people have given Americans a lesson on what capitalism is like," a Weibo comment said.But others said the film demonstrated the superiority of China's culture and political system " without the harsh factory work, the country would not have achieved rapid development as a whole. They also defended entrepreneurs like Cao for creating jobs and lifting people out of poverty.American Factory is the first release of the Obamas' production company, Higher Ground, which partnered with Netflix. In an interview with The Los Angeles Times, directors Steven Bognar and Julia Reichert said they wanted to spark a conversation about how the working class, both in China and America, were being affected by the forces of globalisation and automation.The film was also made at a time when the governments in both countries are trying to revamp their manufacturing industries. While Beijing wants to reduce China's reliance on cheap labour by developing hi-tech sectors, the Trump administration has vowed to create more factory jobs in America. But as shown in Fuyao's story, the jobs that companies are now willing to offer may not be what the workers wanted.This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2019 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...
Moody's Investors Service says that Weibo Corporation's (Baa1 stable) 1H 2019 results were in line with Moody's expectations and do not affect the company's Baa1 issuer or senior unsecured ratings, or the stable outlook on the ratings. "We expect Weibo will continue to deliver steady revenue and earnings growth, driven by an increasing number of active users and growing online social advertising budgets," says Lina Choi, a Moody's Senior Vice President. Weibo's user base, as measured by monthly active users (MAU) and average daily active users (DAU), continued to grow to 486 million and 211 million, up 13% and 11% year-on-year respectively.
Shares of JD.com (NASDAQ:JD) soared on Tuesday. JD stock gained nearly 13% after its second-quarter earnings came in well ahead of analysts' average expectations.Source: Sundry Photography / Shutterstock.com And there's a simple reason why JD.com stock can keep climbing. Specifically, even after those gains, JD.com is up only 2% over the past month. That's because JD stock dropped 17% in five sessions a couple of weeks ago on fears of an escalating trade war, and Tuesday's gains only recaptured most of those losses.In other words, the good news from JD's earnings doesn't seem priced in. And that, in turn, suggests that JD could keep moving higher, as long as the company gets a little bit of outside help.InvestorPlace - Stock Market News, Stock Advice & Trading Tips JD.com Crushes EstimatesCompared with analysts' average expectations, JD.com had a truly impressive quarter. Its earnings per share of 33 cents, excluding certain items, was 25 cents above the average estimate. That was the company's biggest earnings beat since its 2014 IPO. JD's year-over-year revenue growth of almost 23% was more than five percentage points better than the Street's average expectation.On an absolute basis, too, the results looked strong. The 22.9% increase in its sales was a notable acceleration from the 13% growth that JD.com reported in Q1. And its net income, excluding certain items, increased more than 600% year-over-year. * 10 Stocks Under $5 to Buy for Fall And it's how JD grew its sales and profits, not just by how much they increased, that helps the bull case on JD stock. When JD.com sold off last year, worries about a potential trade war and its impact on the Chinese economy were key drivers of the decline . But investors also fretted about the company's higher spending, which pushed profits to nearly zero in Q2 of 2018.In Q2 of this year, however, JD managed to drive strong growth while posting a modest increase in gross margin and, more importantly, controlling its operating expenses. Its fulfillment expenses only rose at half the rate of its revenue. Furthermore, its marketing spending increased less than 7%, and its general and administrative spending increased only 5%. JD.com's spending on technology jumped 34% year-over-year, but that line item amounted to less than 2.5% of its revenue.That focus on cost control is much-needed, and not just for JD.com. NetEase (NASDAQ:NTES) stock rallied after its Q2 results showed that its cost leverage had driven solid profit growth. Investors have wanted Chinese stocks to start showing some margin improvement, and NTES and JD.com both delivered.JD.com's Q2 results showed that the company is moving in the right direction. And so it's a little surprising that JD stock has not responded more favorably to the results. Why JD Stock Should Keep Moving HigherIt seems that JD.com stock can -- and maybe should -- move even higher. Again, the stock trades below where it did on July 30, before JD.com posted a blowout quarter and the U.S. decided to postpone additional tariffs. At this point, the outlook of JD stock seems to be stronger than it was two weeks ago, and yet JD stock is cheaper than it was then.And JD.com is getting close to cheap or at least, it's not quite that expensive. Heading into Q2, analysts' average 2019 EPS estimate for the full year was 68 cents. JD.com now has generated 66 cents in non-GAAP EPS in just the first two quarters of the year.JD can generate EPS of over $1 in 2019, which would put its price-earnings multiple below 30. In 2o20, that multiple could drop to the low- to mid-twenties.That multiple isn't necessarily that cheap in the context of Chinese stocks right now. Rival Alibaba (NYSE:BABA) trades at less than 20 times the average fiscal 2021 EPS estimate. Internet plays Baidu (NASDAQ:BIDU) and Weibo (NASDAQ:WB) are even cheaper.But JD.com's thin margins, still only 2%+ in Q2, still have much more room to increase. And thus there's more room for the company's profit to grow, making a higher multiple justified.JD does pose some risks. JD.com hasn't always been the most consistent performer. Sentiment toward Chinese stocks on the whole still looks shaky -- and that goes double for Chinese tech, as I wrote last month. As a result, in the near-term, JD stock might be choppy.Still, for Chinese bulls, JD stock looks awfully attractive. And there appears to be room and reason for its post-earnings gains to continue.As of this writing, Vince Martin did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks Under $5 to Buy for Fall * 5 Stocks to Avoid Amid the Ongoing Trade War * 7 5G Stocks to Buy Now for the Future The post JD.com Stock Can Keep Climbing appeared first on InvestorPlace.
Chinese social media company Weibo reported second-quarter earnings Monday that beat estimates, causing the stock to surge more than 14%. Monthly active users jumped 13% to 486 million.
Sina earnings and revenue for the second quarter soundly beat Wall Street estimates, sending the stock up for the China-based internet company. Ad revenue dropped 5% to $433.6 million.
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. DPW Holdings (NYSE: DPW ) shares were up 261% ...
Chinese internet company Sina Corp and its Twitter-like social media subsidiary Weibo both beat Wall Street expectations for second-quarter earnings.
China is sending a team of experts to Thailand - after the death of one of its panda diplomats sparked outrage on social media. Chuang Chuang died in a Thai zoo on Monday (September 16). Chinese social media lit up with outrage at the unexpected death, with a hashtag drawing in 250 million views on Weibo. One user said 'Thailand is so evil... we shouldn't be renting out pandas after this!' Beijing has been engaged in what's often dubbed panda diplomacy since the 1950s. Using their iconic bears as signs of goodwill across the world. President Xi recently presented Russia's president Putin with two furry ambassadors in Moscow. In France, President Macron's wife was named godmother of a feisty young cub back in 2017. Now Chinese Weibo users are saying 'no more pandas for Thailand'. Zoo staff held a moment of silence ahead of a news conference on Tuesday (September 17). One zookeeper said the staff loved and nurtured Chuang Chuang, and hopes everyone will miss him like they do. The cause of his death is still unknown. The zoo says they can't perform an autopsy on the 19-year-old until the Chinese authorities arrive on Thursday (September 19). Pandas generally live around 14 to 20 years in the wild, and up to 30 in captivity - according to the WWF.