S&P 500, Nasdaq 100 Mark Seventh Straight Positive Session, Strongest Week Since October 2023: Friday's Top Movers
PDD Holdings Shares Are Trading Higher Amid Overall Strength in US-listed Chinese Stocks.
Tencent-Backed Epic Games Brings Fortnite Back On The IPhone, This Time With An Entire App Store After Its 4-Year-Long Battle With Apple
Alibaba's 'Going Abroad Partner' program aims to accelerate profits.
It is already the biggest driving force behind Alibaba's revenue.
Options Market Statistics: Walmart Stock Rallies, Options Pop on Q2 Earnings Beat, Raised View
Here Are Top Institutions' Q2 Stock Buys And Sells by 13F Filings
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Rate Cut Hopes Grow Stronger
Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec
Tencent's "Credit Book" has gotten thicker again.
A new champion rises.
Alibaba Dips After Q1 Revenue Misses Estimates Despite Ongoing Revival Efforts
Asian Up, Europe Mixed; Oil Advances And Gold Steady Near All Time High - Global Markets Today While US Slept
JD.com Rises After Q2 Sees 'Record-high Net Profit'
Hedge funds had significant changes in their holdings in the second quarter! Nvidia was heavily sold, while Apple and Chinese concept stocks were favored.
Nvidia's stock price has surged this year, and major hedge funds are taking profits and leaving. Microsoft has been reduced or liquidated by 140 hedge funds, while Amazon has been increased or established by 166. China Concept Stocks are increasingly favored by Wall Street, and hedge fund giants David Tepper and Hillhouse Capital are steadfastly increasing their holdings in China Concept Stocks.
JPMorgan on China Economy: Investors Are Seeking More Aggressive Policy Support
Hedge fund guru David Tepper firmly holds Chinese concept stocks: he holds JD.com and Ke Holdings, while reducing shareholdings in Alibaba and PDD Holdings.
China stocks and ETFs account for 26% of its fund stock investment portfolio.
3G Capital Top Q2 Moves Include Cutting Meta, New Stakes in Uber, MercadoLibre, Carvana
Tencent Holdings Limited (TCEHY) Q2 2024 Earnings Call Transcript Summary
Two Bullish Bets On China
Shares of US-listed Chinese Stocks Are Trading Lower Ahead of Upcoming Economic Data.
During Tencent's Q2 conference call, it was mentioned that the demand for AI in China is growing rapidly. They are currently in negotiations with Apple regarding the revenue of iOS mobile games and plan to release a mobile version of the game 'Fearless Ag
Tencent said that fintech and gaming businesses will drive continuous profit growth. The company will continue to increase its AI investment and actively explore the integration of AI technology into its games and digital content products to drive business growth.