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14/11/2025
CEO of SMIC: The upswing of the storage cycle is beneficial for the manufacturing sector, but harmful for downstream original equipment manufacturers.
Latest
3 m ago
National Bureau of Statistics: It is necessary to continue to expand domestic demand, optimize the market competition environment, and promote a reasonable increase in prices.
3 m ago
Nomura's report indicates that JD.com's third-quarter performance exceeded expectations, with revenue increasing by 15% year-on-year to 299 billion RMB, surpassing Bloomberg's expectations by 2%. Adjusted net profit significantly exceeded market expectations, benefiting from strong performance in JD Retail despite increased investments in the food delivery business. In addition, revenue from new business segments reached 15.6 billion RMB, a 214% year-on-year increase primarily driven by JD.com's food delivery service. The target price for JD.com's US stock remains at $43 with a "buy" rating.
4 m ago
National Bureau of Statistics: continue to optimize investment structure and continuously improve investment environment.
5 m ago
Morgan Stanley research report pointed out that although the third quarter profits of Bilibili (BILI.O) exceeded expectations, the advertising business showed some improvement, and the game "Escape from Tarkov" was successful, the management did not raise the fourth quarter guidance due to seasonal factors affecting "Three Kingdoms: Strategic Conquest." It is initially believed that the performance next year is likely to be better than the lower market expectations. The company is expected to see a mid-single-digit increase in revenue in the fourth quarter, with game revenue remaining flat or slightly up from the previous quarter, and advertising revenue increasing by 20% at the lower end of the range. In terms of profit margins, the company expects fourth quarter gross margin and adjusted operating profit margin to reach 37% and 10% respectively, in line with previous guidance and the expectations of the bank. The bank raised its profit forecast for 2025 by 14% and increased the earnings per share forecast for 2025-26 by 2%, with a target price for the stock rising from $23 to $25, maintaining a "market perform" rating as current valuation is considered reasonable.
5 m ago
Citigroup CEO stated that currently they have not noticed any concerns in terms of credit.
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