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BOCOM INTL: Hong Kong stocks/Chinese concept stocks will continue to benefit from the value reassessment brought about by technological innovation.
BOCOM INTL expects stable growth in performance for sub-industries including OTA/gaming/e-commerce, while the performance of advertising/lifestyle services/entertainment companies is varied.
Melco Leads With the Most Five-Star Awards in Macau and Asia in the 2025 Forbes Travel Guide
The hedge fund mogul in the US has significantly increased shareholding in Chinese concept stocks, once boldly claiming to "buy everything China assets."
① The USA hedge fund mogul David Tepper's Appaloosa LP significantly increased its shareholding in Chinese concept stocks and China Stocks ETF in the fourth quarter of last year; ② Appaloosa's holdings of Alibaba shares rose by 18%, reaching 11.8 million shares; JD.com's Hold Positions increased from about 7.3 million shares to about 10.5 million shares; PDD Holdings' Hold Positions increased by approximately 0.055 million shares to 5.4 million shares.
Melco Shares Are Trading Lower After Citigroup Downgraded the Stock From Buy to Neutral and Lowered Its Price Target From $10 to $6.
Melco Resorts Cut to Neutral From Buy by Citigroup
Citi Downgrades Melco Resorts and Entertainment(MLCO.US) to Hold Rating, Cuts Target Price to $6