Alex Yao

Chinese stocks are trading significantly lower Monday amid a COVID-19 outbreak in China's manufacturing hub, developments between China and Russia in relation to war and regulatory scrutiny of Tencent Holdings Ltd (Pink: TCEHY). Despite the muddy waters clouding the Chinese markets, O'...

JPMorgan initiated coverage on Altaba Inc (NASDAQ: AABA), the reincarnation of Yahoo’s assets following the sale of the Yahoo's operating business to Verizon Communications Inc. (NYSE: VZ). The firm issued an Overweight rating accompanied by a price target of $65. The price target represents...

As Alibaba Group Holding Ltd (NYSE: BABA) continues to see its core business expand rapidly, Barclays' Gregory Zhao and JPMorgan's Alex Yao feel very positive about the company’s future. Both analysts have Overweight ratings on the stock, with Zhao maintaining his previous rating and setting...

JPMorgan analysts Alex Yao and Binbin Ding believe the "demographic dividend" internet growth in China has come to an end. As a result, the firm's focus will shift toward quality from quantity, i.e., customer engagement from user numbers. The brokerage picked up Alibaba Group Holding Ltd (NYSE:...

JPMorgan expects gaming revenue from Sohu.com Inc (NASDAQ: SOHU) to fall 38 percent in 2016, while saying the online media company continues to face challenges across its major business lines. In gaming, the brokerage noted the company is struggling due to the games' aging and the lack of new...

JPMorgan expects margin pressures at SouFun Holdings Ltd (NYSE: SFUN) given its battle in top-tier cities, while it assumed coverage of the Chinese real estate portal with a Neutral rating and $4.50 target price. "Despite management's reaffirmation of turning breakeven in 4Q16, SouFun's margin...

Analysts at JPMorgan, led by Hong Kong-based internet analyst Alex Yao, initiated coverage of China-based internet companies. While a lot of investor attention is focused on mega-cap names such as Alibaba Group Holding Ltd (NYSE: BABA), which is valued at nearly $250 billion, investors shouldn't...

JPMorgan’s Alex Yao maintained a positive stance on the gross margin expansion outlook for JD.Com Inc(ADR) (NASDAQ: JD), while expressing caution regarding operating expense ratio outlook. Yao initiated coverage of the company with a Neutral rating and price target of $29. Positivity Tempered...

JPMorgan has assumed coverage of Weibo Corp (ADR) (NASDAQ: WB) with an Overweight rating and a June '17 price target of $70, saying the company is a key beneficiary of Key Opinion Leader (KOL) economy, and its live broadcasting monetization potential remains overlooked. KOLs refer to people...

While Alibaba Group Holding Ltd’s (NYSE: BABA) core commerce should continue to deliver healthy GMV growth, the company’s non-commerce initiatives are expected to become earnings contributors in the medium to long term, JPMorgan’s Alex Yao said in a report. He maintained an...

JP Morgan analysts Doug Anmuth, Alex Yao, Yong Wang and Binbin Ding recently met with Alibaba Group Holding Ltd (NYSE: BABA)’s Vice President and Head of Investor Relations Jane Penner. Following the encounter, the firm reiterated an Overweight rating and $96 price target. According to...