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Nomura Downgrades Vipshop(VIPS.US) to Hold Rating, Cuts Target Price to $14
Nomura Downgrades Vipshop Holdings to Neutral From Buy, Cuts Price Target to $14 From $21
Asian Equities Traded in the US as American Depositary Receipts Flat in Thursday Trading
Express News | Vipshop Holdings Ltd : Jefferies Cuts Target Price to $20.3 From $20.8
Dongxing Securities: The overall performance of the 618 promotion is weak, and the overall performance of the beauty industry is relatively weak. Some high-quality domestic brand products have gone against the trend.
Overall, domestic beauty brand performed well in this year's 618 promotion, especially in interest-based e-commerce platforms such as Douyin, which poses a strong competitive advantage. With the help of product strength and efficient marketing, some domestic brands have been able to rank higher than international brands, and their market competitiveness continues to consolidate. We are bullish on the rapid development of high-quality domestic beauty brands.
Chinese Equity Market Shows Momentum to Return Cash to Shareholders