Vipshop Holdings Limited's (NYSE:VIPS) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
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Hong Kong stocks morning report on October 16: Five departments will hold a press conference on real estate. The H-share Golden Dragon Index fell by 5.92%.
①Fed's Daley said that if inflation falls as expected, interest rates will be cut one to two more times this year. ②IMF predicts that global public debt will exceed 100 trillion US dollars for the first time by the end of the year. ③US stock markets collectively fell, with ASML Holding underperforming dragging down the semiconductor sector; China concept stocks dropped across the board, with the Nasdaq Golden Dragon Index falling by 5.92%. ④The heads of five departments will attend a press conference on the 17th to introduce the real estate market situation.
U.S. stocks closed: asml holding's earnings slump causing semiconductor sector collapse, the three major indexes collectively fell.
①China concept stocks fell across the board, with the Nasdaq Golden Dragon Index in China dropping by 5.92%; ②ASML Holding announced that its orders for the third quarter of this year were only 2.6 billion euros; ③United Airlines' third-quarter adjusted earnings per share exceeded expectations; ④Blackstone Group plans to invest 7.5 billion euros to develop a datacenter in Spain.
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The longest november 11 shopping festival-related sale in history! Emphasizing quality, e-commerce platforms and live streamers confront "vicious internal competition".
①Within the first 30 minutes after the start of sales, 20 beauty brands on Tmall have achieved sales exceeding 100 million yuan, with 8 individual products surpassing the hundred million mark. ②This year's november 11 shopping festival-related major promotions, under the active competition of various e-commerce platforms, have extended from 3 weeks in advance to around a month in advance.
BofA Securities Maintains Vipshop(VIPS.US) With Buy Rating, Cuts Target Price to $17.8
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E-commerce november 11 shopping festival-related performance anxiety? Multiple platforms rush to start sales, subsidize logistics.
①Major e-commerce platforms are more eager to start this year's november 11 shopping festival-related, and have generally significantly advanced the sales and pre-sale time of this year's major promotion. ②Against the background of interconnection, the relatively low e-commerce penetration rate and the need for improved logistics construction, the Hong Kong market is still an important battlefield for top e-commerce competition.
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Vipshop Holdings Analyst Ratings
Citi Maintains Vipshop(VIPS.US) With Buy Rating, Raises Target Price to $18