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TH Capital: Sina's Portal Business In Transitional Phase
Tuesday, November 18, 2014 - 3:00pm | 325In a note to clients on Tuesday, Tian X. Hou of TH Capital reiterated a Hold rating (with no assigned price target) on Sina Corp (NASDAQ: SINA) following the company's in-line third quarter results. According to Hou, Sina's fourth-quarter guidance was below what analysts expected as the...
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UPDATE: T.H. Capital Downgrades SouFun
Monday, November 3, 2014 - 10:39am | 281Tian X. Hou of T.H. Capital downgraded SouFun Holdings Ltd (NYSE: SFUN) to Hold from Buy (with no assigned price target) ahead of the company's third quarter earnings report on Thursday. “We believe the company may have to revise down its 2014 full year guidance as its primary housing business was...
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TH Capital Outlines SINA's Headwinds
Monday, August 11, 2014 - 11:23am | 192SINA (NASDAQ: SINA) shares are trending higher despite a downgrade from T.H. Capital from Buy to Hold. Analyst Tian Hou highlights two primary headwinds. Video License SINA had its online video license revoked by the Chinese government, disrupting its ability to capitalize on advertising...
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T.H. Capital Raises PT on Qihoo Following Solid Q4 Results
Monday, March 10, 2014 - 4:44pm | 216In a report published Monday, T.H. Capital, LLC analyst Tian Hou maintained a Buy on Qihoo 360 Technology (NYSE: QIHU) and raised the price target from $123.00 to $139.00 following fourth quarter results. Hou noted that Qihoo's search monetization is likely to accelerate in 2H2014. The analyst...
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Analyst Highlights Decline in Baidu's Search Share, Strength in App Store
Friday, January 3, 2014 - 2:55pm | 243In a report published Friday, T.H. Capital analyst Tian Hou examined October through December 2013 operating data highlights of Baidu (NASDAQ: BIDU) noting strong activities in app store and mobile product adoption but decline in search share. Hou reported that there was a slight decrease in...