|Bid||49.40 x 900|
|Ask||49.42 x 800|
|Day's range||48.89 - 49.68|
|52-week range||40.13 - 60.65|
|PE ratio (TTM)||57.44|
|Earnings date||28 Aug 2018 - 3 Sep 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||52.41|
Xiaomi, the Chinese smartphone maker that has reportedly been trying to sell IPO shares at a company valuation of $100 billion, is getting some help from the big run-up in the share price of iQiyi. Nasdaq-traded iQiyi, dubbed “the Netflix of China,” closed at $40.16 on Friday, more than double its listing price of $18 in March. Xiaomi owns roughly 7% of iQiyi, a stake whose value has increased by more than $1 billion during that period to $2 billion on Friday. iQiyi's stock market capitalization was $28 billion at the end of trade yesterday.
Two of China's biggest household brands Alibaba Group and SAIC Motor have risen up the charts on the Forbes Global 2000 list of the world's largest companies. China is big--at everything. Its tech companies like HNA Technology are getting bigger. China has some of the biggest airlines in the world.
BEIJING/SHANGHAI (Reuters) - Ms Li has a day job in the marketing department of one of China's biggest tech firms. Li, 28, says she is one of at least five women in her office who moonlight to bolster their incomes. The late nights livestreaming on the YY.com social media platform are worth it, Li says, even though she has been reprimanded twice by her firm for moonlighting.
The Shanghai-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 55 cents per share. The results beat Wall Street expectations. ...
For businesspeople that follow China, barely a day goes by without new data underscoring the clout of consumers born after 1990. This week, Alipay said individuals born in the 1990s had become the largest-spending group among overseas travelers during the recent May Day holiday. Against that backdrop, I recently spoke with China online travel leader Ctrip International CEO Jane Sun about the growing influence of younger travelers and the celebrities they follow, a group frequently dubbed "key opinion leaders" or KOLs in China.
April 20 (Reuters) - Accorhotels CEO Sebastien Bazin tells the annual shareholdrs Meeting:: * will keep investing in bold on deals, having spent over 6 billion euros on M&A since 2014 * AccorHotels could ...
Stephen Engle interviews Ctrip.com Int'l CFO Cindy Wang at the Boao Forum on Hainan Island, China. We talk about how Ctrip will leverage its license to enter the crowded ride hailing market in China, effects ...
Blockchain technology has the potential to shake up the travel industry by giving airlines and hotels a way to bypass controlling intermediaries like Expedia (EXPE.O) or Amadeus (AMA.MC) and gain better access to customer data. Major players including Lufthansa (LHAG.DE) and citizenM hotels are partnering with startups and talking to large corporate clients about whether they can do group bookings via blockchain instead of using middlemen, who charge up to 25 percent of ticket or room prices in fees. Blockchain, which functions as an online record-keeping system maintained by a group of peers rather than a central agency or authority, also offers new business opportunities in tracking bags and flight delays.
China's biggest smartphone makers are collaborating to promote download-free "fast apps", in a move backed by the government and likely to threaten Tencent Holdings' grip on mobile traffic with its wildly popular WeChat app. The messenger-to-payment app WeChat, which has more than 1 billion users, last year launched "mini-programmes" within the app that look and operate much like apps on Apple Inc's iOS and Google's Android operating systems, but are far less data-intensive. Tencent has said WeChat is not a challenge to the dominant mobile platforms, but some analysts and developers say the new business could eat into that of iOS and Android app ecosystem, as they take a cut from app purchases.
Global travel has been powered by years of expansions: destinations, technologies, consolidations and desires by travelers to get away. Three leading advisors and MoneyShow.com contributors share ideas on stocks in the digital travel market. “Travel with us to the land of big gains in this stock!”
Ctrip.com International Ltd. forecast revenue well below expectations, blaming the shortfall on new rules that constrained its business as well as a childcare scandal that drove customers away.
On a per-share basis, the Shanghai-based company said it had net income of 14 cents. Earnings, adjusted for stock option expense, were 24 cents per share. The results beat Wall Street expectations. The ...
March 8 (Reuters) - * TENCENT, CTRIP-BACKED TRAVEL COMPANY PLANS HONG KONG IPO - WSJ CITING SOURCES * TONGCHENG-ELONG HOLDINGS COULD RAISE BETWEEN $1 BILLION AND $1.5 BILLION IN ITS SHARE SALE - WSJ CITING ...
Chinese retailers are cashing in on International Women's Day, offering coupons and discounts on sportswear, cosmetics and healthcare to get women to spend more, dubbing the day "Queens' Day" and "Goddesses' Day". Across the globe, women are hosting workshops, protests and dinner parties to celebrate the women's rights movement and press for progress on gender equality. One gym pushed memberships by saying "it only takes three months to become a queen", while Alibaba encouraged shoppers to "give life to your women-power".
Priceline is changing its name to Booking Holdings to reflect is growing focus on hotels, home rentals and other travel reservations.
May.23 -- Tujia.com CFO Warren Wang discusses the company's online lodging business. He speaks with Stephen Engle from Goldman Sachs Technet 2018 on "Bloomberg Daybreak: Asia."
Apr.12 -- Stephen Engle interviews Ctrip.com Int'l CFO Cindy Wang at the Boao Forum on Hainan Island, China. We talk about how Ctrip will leverage its license to enter the crowded ride hailing market in China, effects on international travel from the Trump trade friction and how international expansion will be a key priority for 2018.