|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's range||98.33 - 103.62|
|52-week range||65.65 - 142.12|
|PE ratio (TTM)||55.14|
|Earnings date||7 Aug 2018 - 13 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||139.55|
China's Twitter-like microblogging service Weibo has blocked and deleted posts referring to British comedian John Oliver after he slammed the country's human rights record and mocked President Xi Jinping on his show, Last Week Tonight. In a 20-minute segment aired on HBO last Sunday, Oliver criticised China's moves to end presidential term limits and enshrine "Xi Jinping Thought" in its constitution, saying Xi's consolidation of power was driven by a "leadership cult". Oliver also mocked China's "Belt and Road" initiative, its ongoing crackdown on corruption, and moves to censor online images of the cartoon bear Winnie the Pooh, said to resemble Xi.
In this article I am going to calculate the intrinsic value of Weibo Corporation (NASDAQ:WB) using the discounted cash flows (DCF) model. Anyone interested in learning a bit more aboutRead More...
Baozun and Weibo can add profound upside to your portfolio. This is because the optimistic growth outlook for their profitability and returns make their high-growth potential appealing relative to theirRead More...
Bitmain has been criticized over one of its mining products, the AntMiner B3, with users making allegations about its marketing and quality control.
I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...
HONG KONG (Reuters/IFR) - Chinese web portal and social media firm Sina Corp is planning a secondary listing in Hong Kong, in what would be one of the first floats to take advantage of the city's new rules designed to attract tech equity offerings, two sources said. Nasdaq-listed Sina, which has a 46 percent stake in China's Twitter-like Weibo Corp, is working with advisers on the listing that will likely take place in the fourth quarter, said the sources with direct knowledge of the matter. Sina did not respond to a request for comment.
Not known for their patience, hedge funds are seeking to make a quick buck from an equally restless Generation Z. Bilibili Inc., the owner of China’s most popular website for streaming animation videos and mobile games, has attracted the likes of Tiger Global Management, Point72 Asset Management and Hillhouse Capital Management, Jeran Wittenstein of Bloomberg News reported. Shanghai-based Bilibili has around 72 million monthly active users, 82 percent of which are classified as Generation Z, or people aged nine to 28.
China’s economy has been on the minds of nearly every U.S. investor this year. It’s the fact that Chinese stocks continue to present tremendous profit potential — and with U.S. stock markets admittedly challenged since their early 2018 highs, it’s worth considering what this overseas growth engine has to offer. Of course, many investors may not see a lot of fireworks in China because they are only watching a few big-name ETFs that are seen as broad plays on the nation.
Weibo, described as China's Twitter, reported better-than-expected first-quarter earnings Wednesday. But shares of the short-message social network fell.
Sina reported better-than-expected first-quarter earnings Wednesday. The Chinese internet portal owns a majority of social network Weibo, which also topped views.
Weibo (WB) tops our list. The Chinese social network beat on earnings and revenue for its first quarter. AT&T (T) confirms it made payments to a consulting firm led by President Trump’s lawyer Michael Cohen.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.
Chip leader Nvidia will lead another week of tech-heavy earnings, with Chinese tech leaders like Sina, Weibo and JD.com following Alibaba's strong results.
A U.S. high school student accused of cultural appropriation for her Chinese-style prom dress is receiving support online from some of the very people her critics say she offended. Photos posted on Twitter by 18-year-old Utah resident Keziah Daum showing off her traditional cheongsam, or qipao, quickly went viral. Many accused Daum, who is not Chinese, of disrespecting Chinese culture and trivialising it with her wardrobe.
While Alibaba, Weibo and Baozun search for support, fellow Chinese internet stock 58.com is trying to complete a new base and establish a potential buy zone.