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Options traders are getting active in Chinese technology companies like Baidu before two potentially important events. The first catalyst is at 8:30 a.m. ET tomorrow, when the U.S. Labor Department releases the consumer price index (CPI). It's the first reading of...
Most stocks have been under pressure lately, but there could be bulls in the China shop. E-commerce giant Alibaba (BABA) surged 15 percent to $119.62 despite the S&P 500 sinking more than 1 percent. The rally landed BABA at its highest closing price since February...
Ever heard of Pinduoduo? GSX Techedu, or Bilibili? They're among a handful of technology stocks breaking out to new highs as investors embrace China's flourishing digital economy. The KraneShares CSI China Internet ETF (KWEB) ripped 4 percent above its 52-week high...
Last year was a busy year for initial public offerings, and several of those new names are rallying in 2019. A list of 37 recent IPOs generated an average gain of more than 9 percent since the start of January. That's more than twice the gain of the broader S&P...
Tech IPOs may be showing signs of life. Stocks like Huya (HUYA), Pivotal Software (PVTL) and Iqiyi (IQ) rallied hard in May and early June after their initial public offerings (IPOs), only to pull back sharply. But now they're having positive weeks. Does than mean...
Google is joining the scramble for China. The Silicon Valley-based search giant bought a 1 percent stake in JD.com (JD), China's No. 2 e-commerce company. JD's products will soon appear in on Google Shopping results for users in U.S., Europe and non-Chinese parts of...
Chinese tech stocks warmed up this spring. Will they have an even hotter summer? Iqiyi (IQ), the "Netflix of China," is up more than 60 percent in the last month. Mobile-based social network Momo (MOMO) rose 38 percent and e-commerce service provider Baozun (BZUN) has...
For years, initial public offerings performed poorly. But that seems to be changing right before our eyes. Several companies have ripped higher since going public in the last few months. Technology has dominated the trend, including some prominent names from China....