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Close Nov 25 16:00 ET
236.092High232.106Low
235.718Open234.799Pre Close9.16MVolume3Rise11.32P/E (Static)150.62MTurnover--Flatline1.42%Turnover Ratio18.82BMarket Cap1Fall9.62BFloat Cap
Constituent Stocks: 4Top Rising: WB+3.25%
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Weibo reported Q3 revenue of $464.5 million (approximately 3.294 billion yuan), up 5% YoY. Net profit surged 68.5% YoY to $130.6 million, with diluted earnings per share of $0.50.
$Weibo (WB.US)$ $WB-SW (09898.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
$Weibo (WB.US)$ $WB-SW (09898.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
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The escalation of the Russia-Ukraine conflict briefly pushed up safe-haven assets such as the dollar, yen, Swiss franc, and gold. However, U.S. restrained responses cooled sentiment. $Nasdaq Composite Index (.IXIC.US)$ rebounded after a lower open, while $Dow Jones Industrial Average (.DJI.US)$ was the only major U.S. index to close lower. European stocks halved earlier losses. NVIDIA jumped 4.9% ahead of its highly anticipated earnings report, while AMD soared over 31%.
The China ADR Index ...
The China ADR Index ...
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$Weibo (WB.US)$
Weibo Announces Third Quarter 2024 Unaudited Financial Results
Third Quarter 2024 Highlights
• Net revenues were US$464.5 million, an increase of 5% year-over-year or an increase of 3% year-over-year on a constant currency basis [1].
• Advertising and marketing revenues were US$398.6 million, an increase of 2% year-over-year or flat year-over-year on a constant currency basis [1].
• Value-added services ("VAS") revenues were US$65.9 million, an increase of 25% year-over-...
Weibo Announces Third Quarter 2024 Unaudited Financial Results
Third Quarter 2024 Highlights
• Net revenues were US$464.5 million, an increase of 5% year-over-year or an increase of 3% year-over-year on a constant currency basis [1].
• Advertising and marketing revenues were US$398.6 million, an increase of 2% year-over-year or flat year-over-year on a constant currency basis [1].
• Value-added services ("VAS") revenues were US$65.9 million, an increase of 25% year-over-...
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December to February is typically a unique period in financial markets due to a combination of seasonal trends, holiday spending, tax-related activities, and year-end corporate earnings. Here are some notable historical trends during this period:
1. The Santa Claus Rally (Late December)
The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
1. The Santa Claus Rally (Late December)
The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
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1. Tuesday: China’s stimulus measures announced by the National Development and Reform Commission (NDRC) lacked detail and were seen as underwhelming by many investors.
2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies:
• Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources.
• Tap into an unused bond quota of ...
2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies:
• Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources.
• Tap into an unused bond quota of ...
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$Weibo (WB.US)$ Should I hold or sell?
Stocks below $10.00
$Weibo (WB.US)$
$Sound Group (SOGP.US)$
$Getty Images (GETY.US)$
$Jiayin Group (JFIN.US)$
$Hello Group (MOMO.US)$
$Perion Network (PERI.US)$
Stocks below $20.00
$Upwork (UPWK.US)$
$Tencent Music (TME.US)$
$Kanzhun (BZ.US)$
Stock below $50.00
$Fiverr International (FVRR.US)$
$Shutterstock (SSTK.US)$
$Autohome (ATHM.US)$
$Pinterest (PINS.US)$
$Yelp Inc (YELP.US)$
$JOYY (YY.US)$
$Match group (MTCH.US)$
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$Weibo (WB.US)$
$Sound Group (SOGP.US)$
$Getty Images (GETY.US)$
$Jiayin Group (JFIN.US)$
$Hello Group (MOMO.US)$
$Perion Network (PERI.US)$
Stocks below $20.00
$Upwork (UPWK.US)$
$Tencent Music (TME.US)$
$Kanzhun (BZ.US)$
Stock below $50.00
$Fiverr International (FVRR.US)$
$Shutterstock (SSTK.US)$
$Autohome (ATHM.US)$
$Pinterest (PINS.US)$
$Yelp Inc (YELP.US)$
$JOYY (YY.US)$
$Match group (MTCH.US)$
Click here for Top Trending Posts
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Just yesterday, I shared to all investors to be cautious about Chinese stocks, and today’s market action proves that concern was justified. Despite a strong opening after the Golden Week break, China's stock markets took a sharp nosedive, with the Hang Seng Index suffering its worst fall since 2008, plunging a staggering 9.4%. ⚠️
What Happened? 🤔
Stimulus Hype: 🚀 Before the break, aggressive stimulus measures were announced, causing a 25% rally in t...
What Happened? 🤔
Stimulus Hype: 🚀 Before the break, aggressive stimulus measures were announced, causing a 25% rally in t...
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Cuhai88 : I am looking forward to it, how much longer do I have to wait?
102718588 OP Cuhai88 : I don’t know when
105536757 : me too.. looking forward to it. am waiting long d