Today’s Screen of the Day is Top Fundamentals. Big market winners can show a history of robust earnings and sales increases before big price moves. Let’s focus on two Chinese e-commerce stocks that made the list: Vipshop (VIPS) and Autohome (ATHM). Online flash sales site Vipshop recently reached a profit-taking zone and is trading near highs. In contrast, Chinese e-commerce giant Alibaba (BABA) is in an extended downtrend, trading 31% off of its
Tencent (TCEHY) and Alibaba (BABA) are Chinese Internet archrivals. But increasingly, they’re taking their strategy of forging key alliances to overseas. And they’re keeping it entertaining. Tencent, best known for its WeChat and QQ messaging services, Tencent will pay The Hollywood Reporter to license its entertainment news content in a multiyear deal, the Hollywood Reporter said Tuesday. The companies will also develop new editorial content.
Tencent (TCEHY) and Alibaba (BABA) are Chinese Internet archrivals. But increasingly, they’re taking their strategy of forging key alliances to overseas. And they’re keeping it entertaining. Tencent, best known for its WeChat and QQ messaging services, Tencent will pay The Hollywood Reporter an undisclosed fee to license its entertainment news content, the Hollywood Reporter said Tuesday. The companies will also develop new editorial content. One