|Bid||4.1000 x 3000|
|Ask||4.1100 x 3000|
|Day's range||3.8405 - 4.1300|
|52-week range||1.6000 - 43.7300|
|Beta (5Y monthly)||0.10|
|PE ratio (TTM)||N/A|
|Earnings date||20 Apr 2022 - 25 Apr 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 May 2017|
|1y target est||43.04|
Chinese tech companies continue to report solid Q1 earnings results, despite COVID lockdowns that have significantly affected the country.
Despite difficult market conditions this week, several Chinese stocks continued to trade higher after some positive earnings results and bullish sentiment from Wall Street. Shares of JD.com (NASDAQ: JD) traded nearly 6.5% higher as of 1:08 p.m. ET today, shares of TAL Education Group (NYSE: TAL) traded more than 12% higher, and shares of Pinduoduo (NASDAQ: PDD) traded nearly 9% higher. Chinese stocks have not fared well over the last year, as a harsh regulatory backdrop has created lots of uncertainty and dogged the sector.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.