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Tencent Music Entertainment Preparing For IPO

Tencent Music Entertainment preparing for IPO. Tencent Music Entertainment, China’s most popular music streaming service, is preparing for an IPO. It is said that Tencent Holdings, who is in charge of Tencent Music Entertainment, will launch their IPO around the second half of this year. They will be holding interviews with potential underwriters the next couple of […]

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Baidu Self Driving Car Road Tests

Baidu self driving car road tests. In a momentous occasion, a Baidu self driving car could appear on the road sooner than you think. The Chinese tech company received a license to conduct open road tests for autonomous vehicles in Beijing. Baidu is the only company to receive such permits to date. Their driving platform is called the Apollo. […]

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Missing The Big Picture Of JD

Missing the big picture of JD. Sometimes, due to lack of information, investors will miss the big picture of JD.com. JD.com is an e-commerce company that rivals Alibaba in China. This stock was down over 5% after releasing their earnings today. What brought out panic in investors/traders was looking at the wrong numbers that follow […]

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BSTI Posted Better Than Expected Numbers

BSTI posted better than expected numbers. BSTI posted better than expected numbers earlier today, as the Chinese company reported revenue of $1 billion versus the consensus estimate of just above $843 million. Their net loss was below $18 million, which was an improvement of around 3 times. Gross profit was over $74 million. BEST Inc. stock was […]

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Vipshop Shares Rocking

Vipshop shares rocking. Vipshop shares are rocking today as the e-commerce company released their quarterly earnings. The Chinese online discount sales company is up over 7% at the time of this writing. They reported $0.22 EPS in their 4th Quarter, which was $0.02 better than the analyst estimate of $0.20. Their total net revenue rose […]

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JD Joins Blockchain Technology

JD joins Blockchain technology. The Stock Market Info stock pick of the year, JD.com, has aligned themselves with Blockchain in Transport Alliance (BiTA). The logistics side of JD will share their blockchain understanding with other international freight companies, which includes UPS, FedEx, and others. It is the first Chinese logistics company to join BiTA. JD […]

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Wanda Commercial Receives Tencent Finance

Wanda Commercial receives Tencent finance. Wanda Commercial, who is China’s largest mall developer, will receive some Tencent finance. Included in the $5.37 billion deal are online retailer JD.com and several other companies. They will receive 14% of Chinese billionaire Wang Jianlin’s Wanda Commercial. There will be a name change included in the deal: Wanda Commercial Management […]