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Stock Market & Financial Investment News

News Breaks
April 9, 2014
08:31 EDTCTRP, CTRP, BIDU, BIDU, TCEHY, TCEHYSpeculation of Baidu interest in Ctrip.com logical, says CLSA
After visiting Internet companies and ad agencies in Beijing, CLSA believes that speculation about Baidu (BIDU) acquiring a stake in Ctrip (CTRP) is logical. The firm thinks that Tencent (TCEHY) and Alibaba will also likely be interested in Ctrip.
News For CTRP;BIDU;TCEHY;CTRP;BIDU;TCEHY From The Last 14 Days
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February 5, 2016
06:33 EDTBIDUChinese public growing unhappy with Baidu, WSJ says
The people of China are becoming unhappy with Baidu, and the internet search giant needs to exercise a balance to maintain profit and public interest, Wall Street Journal columnist Li Yuan says. Yuan brings up the example of Pan Longfei, a man with a rare heart and kidney disease who was led astray to a private hospital featured on a sponsored link on Baidu, when a public hospital in Guangzhou was able to properly diagnose and treat his condition better. Baidu is the largest search engine in China with approximately 80% of the market, the report says. Pan joined a revolt against Bauidu after seeing a post claiming that Baidu populated the web with information from shoddy businesses, including a hospital which reportedly didn't have a medical license, the report says. Reference Link
February 1, 2016
05:29 EDTTCEHYNew Oriental Education announces Tencent investment in Xun Cheng, Xun Cheng IPO
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January 31, 2016
20:43 EDTCTRPOn The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Coca-Cola (KO) announced a minority stake in diary and juice company Chi, with plans to take full ownership within three years. 2. Billionaire investor Nelson Peltz is considering taking an activist position in Time Warner (TWX), the New York Post reported. 3. Toyota (TM) could temporarily halt domestic production after an explosion at a key supplier curbed its supply of steel, Reuters said. 4. Investigations into Herbalife (HLF), as well as investigations into Bill Ackman himself, have fizzled and criminal charges look unlikely, the Wall Street Journal revealed. 5. Virtu Financial (VIRT) and Ctrip (CTRP) were discussed positively by Barron's this week, as well as "tech bargains" Autodesk (ADSK), Akamai (AKAM), Western Digital (WDC), SanDisk (SNDK) and Lam Research (LRCX) and attractive banking stocks Citi (C), JPMorgan (JPM), Bank of America (BAC) and Wells Fargo (WFC).
14:02 EDTCTRPCtrip shares could rise 30% in a year, Barron's says
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January 26, 2016
08:33 EDTTCEHYImmersion, Tencent announce agreement on adoption of haptics in mobile game
Immersion (IMMR) and Tencent (TCEHY) announced an agreement to adopt haptics in Tencent's upcoming 3D action role playing game, "Kowloon War." Immersion will work with Timi Studios, Tencent's in-house creative studio, to design and develop tactile effects for the game.
January 25, 2016
16:11 EDTCTRPCtrip.com reports 16.6% stake in MakeMyTrip
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