Eddie Leung

JD.com Inc (NASDAQ: JD) indicated that it has seen some improvement in its logistics and supply chain capacity in the recent week, while experiencing some sequential recovery and pent-up demand, according to BofA Securities. The JD.com Analyst: Eddie Leung maintained a Buy rating for JD.com, while...

Alibaba Group Holding Ltd – ADR (NYSE: BABA) indicated its gross merchandise value in the domestic marketplace had begun to decline on a year-over-year in March and had contracted by “teen %” in April. May continues to be challenging, although there are signs of fulfillment...

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws. The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on...

Alibaba Group Holding Ltd (NYSE: BABA) gained 5% on Wednesday after the company reported some impressive December-quarter earnings numbers on Tuesday. Alibaba reported adjusted EPS of RMB22.03 ($3.41) on revenue of RMB221.06 billion ($34.22 billion). Both numbers exceeded analyst estimates of...

Baidu Inc’s (NASDAQ: BIDU) ad business appears to be in a gradual recovery mode, driven by a higher proportion of in-app sales, according to BofA Securities. The Baidu Analyst: Eddie Leung maintained a Buy rating on Baidu and raised the price target from $175 to $195. The Baidu...

During the first day of its investor conference Monday, Alibaba Group Holding Ltd (NYSE: BABA) is highlighting an expanded portfolio of marketing tools for merchants. The company continues to benefit from the shift to online by overseas merchants and users during the coronavirus pandemic, according...

On Thursday, Alibaba Group Holding Ltd - ADR (NYSE: BABA) reported fiscal first-quarter earnings and revenue beats as the Chinese economy continues to recover from the COVID-19 outbreak. Alibaba reported adjusted EPS of 14.82 yuan ($2.14) on revenue of 153.75 billion yuan ($21.76 billion). Both...

JD.com Inc (NASDAQ: JD) is poised to benefit from positive industry trends, with recent data on e-commerce and express couriers suggesting a recovery, according to BofA Securities. The JD.com Analyst: Eddie Leung maintained a Buy rating for JD.com, while raising the price target from $60 to $...

Shares of Chinese e-commerce company JD.Com Inc (NASDAQ: JD) are trading in record territory for the second straight session, thanks to strong first-quarter results. The JD.com Analysts Stifel analyst Scott Devitt maintained a Neutral rating on JD.com and raised the price target from $43 to $50....

Almost two years to the day that U.S. President Donald Trump first imposed tariffs on imported washing machines and solar panels, the U.S. and China have officially completed a "phase one" trade deal. Since the deal was announced in mid-December, the S&P 500 has rallied 3.4% on hopes...

Alibaba Group Holding Ltd (NYSE: BABA) shares were on the rise Monday following the Chinese internet company's report of solid second-quarter results, and sell-side analysts were continuing to recommend the stock amid an expanding digital marketplace. The Analysts Bank of America Merrill Lynch...

Tencent Music Entertainment Group (NYSE: TME) could achieve strong growth in music subscription sales in the 2019-2021 timeframe, its margin expansion is likely to decelerate as the company continues to invest in content, R&D and marketing, according to Bank of America. The Analyst BofA’s...

Baidu Inc (NASDAQ: BIDU) is shifting its focus noticeably from vision to execution in some of its most future-focused opportunities like its moves into Internet of Things, cloud computing and autonomous driving, Bank of America said following the Chinese company’s developer conference. The...

Chinese e-commerce giant JD.com Inc. (NASDAQ: JD) released its first-quarter earnings on Friday in the middle of a ramp in international trade tensions between the U.S. and China. Despite the unfortunate timing, JD's numbers were fairly impressive. JD reported first-quarter revenue of 121.1...

Chinese e-commerce platform Alibaba Group Holding Ltd (NYSE: BABA) reported an earnings beat in its fiscal third quarter Jan. 30, just one day after its home country saw a "day of disaster" for earnings, according to Bloomberg. Here's how the Street reacted. The...