Qihoo 360 Technology Co Ltd
Why George Soros Warns of a Credit Crisis in China
George Soros has been criticized by the Chinese government. He commented that the Chinese economy is headed for a “hard landing.”
Negative Investor Sentiment Caused NCEAX to Fall
NCEAX fell by 1.3%. Weak PMI data, lower commodity prices, and uncertainty regarding the Fed’s interest rate hike contributed to negative investor sentiment.
Cheetah Mobile Reported Mixed Results for Fiscal 3Q15
Cheetah Mobile (CMCM) has a market cap of $2.6 billion. After the earnings report for 3Q15, it rose by 5.7% as of November 17, 2015.
The Yuan’s Devaluation and China’s Asian Trading Partners
The yuan’s devaluation may not have finished yet. Although China’s central bank may not devalue the yuan further immediately, a further fall in exports may leave it with limited policy responses.
China’s Balance of Trade: Can’t Push Exports? Cut Imports
In a sluggish global economy, China has been trying hard to maintain a positive balance of trade, in which its total exports are greater than its total imports.
Company & Industry Overviews
Major Online Players: Comparative Analysis and Market Highlights
Baidu is the most popular search engine in China, followed by Qihoo 360. Google holds around 60% of the market share in ad revenue.
Is the Worst Over in the Chinese Stock Market?
The Chinese stock market rose by 150% 15 months before June 2015. Approximately 12 million Chinese citizens opened trading accounts in May 2015 alone.
Were Chinese Tech Stocks a Bubble in the Making?
Similar to the rise of US Internet stocks 15 years ago, shares in China’s tech sector have seen a massive rise in share prices affected by macro factors.
Stock Markets in China See the Largest Fall since 1992
Since June 2015, stock markets in China have seen a downward spiral. This was due to concerns over the longevity of the stimulus.
How Has the Global X NASDAQ China Technology ETF (QQQC) Performed?
The Global X NASDAQ China Technology ETF (QQQC) tracks a cap-weighted index of Chinese technology firms.
Maverick Capital reduces position in TransDigm Group
Maverick Capital lowered its position in TransDigm Group in 3Q14. The position accounts for 4.19% of the fund’s total portfolio in the third quarter.
Maverick Capital lowers position in Baidu, Inc.
Maverick Capital lowered its position in Baidu, Inc. in 3Q14. The position accounts for 0.36% of the fund’s total portfolio in the third quarter.
Maverick Capital sells its position in Ralph Lauren
Maverick Capital sold its position in Ralph Lauren in 3Q14. The position accounted for 1.67% of the fund’s total portfolio in 2Q14.
JAT Capital sells its position in Vipshop Holdings
According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.
JAT Capital ups its position in Yahoo
Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.
JAT Capital raises its position in Apple
Activist investor Carl Icahn said that Apple’s stock is dramatically undervalued and is actually trading at half its intrinsic value. He believes that Apple’s stock should be trading at around $203.
JAT Capital adds to its position in Twitter
Despite continued growth, Twitter is still a small player in the online advertising market. Twitter needs the support of as many advertisers as possible to become a major player in the digital advertising world.
JAT Capital’s activist stake in Madison Square Garden
In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.
JAT Capital starts a new position in Zillow
Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.
JAT Capital opens new position in Ctrip.com
Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.