Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely
Key takeaways:
• iClick said its enterprise solutions business more than doubled last year, and is expected to deliver more ‘strong growth’ for the next three years
86 Research Upgrades NetEase to Buy, Announces $113 Price Target
86 Research upgrades NetEase (NASDAQ:NTES) from Hold to Buy and announces $113 price target.
Tesla Rivals Xpeng, Li Auto Lead Gainers Chart As Hong Kong Tech Stocks Post Recovery
Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Friday even as the benchmark Hang Seng Index drifted lower after a positive start.
NetEase Clocks 23% Revenue Growth In Q4 Backed By Strength In Flagship Titles, New Games
NetEase Inc (NASDAQ:NTES) reported fourth-quarter FY21 revenue growth of 23.3% year-on-year to $3.82 billion, beating the consensus of $3.81 billion. Segments and…
Alibaba, Other Tech Stocks Lead Sell-Off In Hong Kong As Russia Launches Attack On Ukraine
Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, dragging the benchmark Hang Seng Index into negative territory amid news that Russia will launch an attack on Ukraine.
India Bans 54 Chinese Apps Including That From Sea, Alibaba, NetEase, Tencent
India’s Ministry of Electronics and Information Technology has banned 54 apps it says are of Chinese origin, including Sea…
10 Communication Services Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Alibaba Jumps On The Metaverse Bandwagon With Proposed Gaming Unit: Report
Metaverse has created quite a stir, with tech and cryptocurrency projects making a beeline into this virtual world. Not wanting to be left behind, Chinese Internet tech giant Alibaba Group Holding Ltd - ADR (NYSE: BABA) is drawing up the blueprint for its own metaverse.
UPDATE: ‘SEC issues final regs that allow it to delist foreign companies that don’t comply with audit rules’ -CNBC Tweet
https://twitter.com/CNBC/status/1466469839736913921