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Tech Stocks: Two Chinese Giants Gained 10% Today
Today, two Chinese tech stocks have gained significant market value. Baidu (BIDU) and iQIYI (IQ) are trading 10% and 15% higher, respectively.
What’s the Motive behind Alibaba’s Acquisition of 8% in Bilibili?
On February 14, Alibaba (BABA) bought a stake in China’s top online video sharing platform Bilibili (BILI), according to the Xinhua News Agency.
Netflix Stock: 2 Things Investors Need to Know in 2020
Investors have flocked to Netflix (NASDAQ:NFLX) stock during the coronavirus pandemic. The stock is one of investors’ top picks in the FAANG group.
Tencent Seeks a Big Stake in iQiyi: 3 Highlights for Investors
Tencent (OTCMKTS:TCEHY) wants to make a huge investment in iQiyi (NASDAQ:IQ) stock. The company wants to become iQiyi’s largest shareholder.
What Is Alibaba Getting in Bilibili Deal?
Alibaba (BABA) recently bought a stake of 8.0% in Bilibili (BILI).
What Can You Expect from iQiyi’s Q1 Earnings Report?
iQiyi (NASDAQ:IQ) plans to release its earnings results for the first quarter today after the market close. What can investors expect?
3 Chinese Tech Stocks You Can Buy for over 30% Discount
Some Chinese tech stocks are still available at a discount. At about $100 per share, Baidu stock trades at nearly 42% discount to its 52-week peak.
iQiyi Begins Diversification Early
Many companies wait until growth in their core industries slows down or runs out before they diversify their revenue sources by venturing into new markets.
Why iQiyi Is Turning to Artificial Intelligence
iQiyi (IQ) plans to use AI to improve its movie and video streaming sales and cut operating costs, said CEO Yu Gong during an interview with CNBC last month.
iQiyi Continues to Grow, but Its Losses Have Expanded
Chinese video-streaming company iQiyi (IQ) spun off from Baidu (BIDU) through a blockbuster $1.5 billion IPO in the United States last year.
Chinese Stocks are Getting Crushed
In the last month the CSI 300 is down 11.5%, much more than US indices.
Chinese Tech Stocks Getting Crushed Out of the Gate on Monday
Are we back to having a trade war?? Trump’s tweet indicates we may be.
Alibaba Pictures’ Boss Is Making Major Changes
Alibaba (BABA) last year bought more shares in Hong Kong-listed film studio firm Alibaba Pictures.
What Is iQiyi after with China Unicom Deal?
iQiyi (IQ) will collaborate with China Unicom (CHU) to develop virtual reality (or VR) products.
Spotify Isn’t Taking Chances in India
Spotify launched its music service in India late last month, and the company is going all out to make sure it succeeds in the market.
iQiyi Stock Rises 21.7% on Robust Subscriber Growth
Chinese video streaming company iQiyi (IQ), a Baidu (BIDU) spin-off, had a spectacular $1.5 billion IPO in the United States last year.
How Alibaba Is Keeping Alibaba Pictures Busy after Deal
Alibaba (BABA) increased its stake in Alibaba Pictures late last year.
Why Tencent Music Has Risen over 8% Today
Chinese streaming service provider Tencent Music Entertainment (TME) had a mixed stock performance in December, and as of January 14, it had fallen 7.7% year-to-date.
What Opportunity Does Alibaba See in Alibaba Pictures?
Alibaba (BABA) said that its decision to increase its stake in film company Alibaba Pictures was a vote of confidence in the business.
Baidu and iQiyi Go After $29.8 Billion Television Box Market
Baidu (BIDU) is expanding in the television box market, which is on pace to generate $29.8 billion in annual revenues by 2024.
iQiyi Enters In-Flight Partnership as Unit Raises Funds
iQiyi’s revenues rose 51.0% year-over-year to ~$900.0 million in the second quarter. iQiyi went public in March.
How the Valuations of China’s Major Tech Stocks Look
Optimistic revenue and earnings estimates continue to drive the valuations of Chinese tech stocks despite the loss in stock value.
What Led to 7% Decline in Tencent Holdings?
Tencent Holdings lost 7% on August 30 in response to China’s new restrictions on online gaming as a result of recurring instances of myopia.
