Alibaba, which has a 99% stake in Intime, had bought the company in 2017 for $2.6 billion in a bid to grow its physical stores segment
For the three months ending Sept. 30, its revenue came in at $644.5 million, increasing 19.3% year-over-year.
Wall Street analysts expect the company to post earnings per share (EPS) of $0.31 on revenues of $631.04 million.
NIO CFO Stanley Qu said the company is looking to double its delivery volumes in 2025.
Mizuho’s optimism regarding Trip.com is premised on strong outbound travel trends in China despite the domestic economy’s structural challenges and the looming tariff threat.
Fueled by a series of government stimulus measures aimed at reviving the country’s economy, Chinese stocks have surged to levels not seen in nearly two years. The rally, which has pushed Hong Kong’s...
Concerns over China’s economic challenges remain rife as the year 2024 reaches its final three months. In recent years, investing in Chinese stocks has proven extremely challenging for bullish investors....
Concerns over China’s economic challenges remain rife as the year 2024 reaches its final three months. In recent years, investing in Chinese stocks has proven extremely challenging for bullish investors....
Baidu is currently trading at the same levels where it spent much of 2011. Even with its macro challenges, its growth potential has perhaps never been stronger.
The ongoing artificial intelligence (AI) frenzy has sparked a recovery in Chinese technology stocks. The Golden Dragon Invesco ETF (PGJ ) is up +15% month-to-date, beating most global stock indexes and...