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Stock Market & Financial Investment News

News Breaks
December 8, 2011
14:21 EDTGAME, PWRD, DANG, SNDA, BIDU, RENN, SINA
theflyonthewall.com: U.S. traded Chinese tech firms may move to Hong Kong listings, Bloomberg says
Valuations for Chinese technology companies appear to be significantly higher in Hong Kong trading than in the U.S., which could push some to consider moving their listings back east, reported Bloomberg last night, citing a senior portfolio manager at a Hong Kong firm. Reference Link :theflyonthewall.com



News For DANG;SINA;BIDU;PWRD;RENN;SNDA;GAME From The Last 14 Days
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May 22, 2012
09:34 EDTRENN
theflyonthewall.com: Renren May volatility elevated as shares trend to four-month lows

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08:33 EDTDANG
theflyonthewall.com: Alibaba faces tough competiton before a share listing, Reuters reports

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May 21, 2012
12:21 EDTRENN
theflyonthewall.com: On The Fly: Midday Wrap

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10:00 EDTRENN
theflyonthewall.com: Renren falls 9.1%

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09:00 EDTRENN
theflyonthewall.com: Renren falls 6.9%

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07:32 EDTSINA
theflyonthewall.com: Morgan Stanley to host a summit

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06:48 EDTSINA
theflyonthewall.com: SINA option implied volatility low

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May 18, 2012
12:19 EDTSINA
theflyonthewall.com: On The Fly: Mid-Day Wrap

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12:00 EDTRENN
theflyonthewall.com: Renren falls 11.4%
Renren is down 11.4%, or 71c, to $5.53 :theflyonthewall.com
06:58 EDTSINA
theflyonthewall.com: SINA option implied volatility low

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May 17, 2012
13:44 EDTDANG
theflyonthewall.com: Dangdang strategy positive, says Piper Jaffray
After Dangdang reported higher than expected EPS but lower than expected revenue, Piper Jaffray believes that the company's new strategy of enlisting third-party retailers is positive. The firm continues to be bullish about the long-term outlook for the Chinese e-commerce sector and maintains an Overweight rating on the stock. :theflyonthewall.com
12:00 EDTDANG
theflyonthewall.com: Dangdang falls 14.8%

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10:00 EDTDANG
theflyonthewall.com: Dangdang falls 9.3%

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09:00 EDTDANG
theflyonthewall.com: Dangdang falls 5.9%

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07:03 EDTDANG
theflyonthewall.com: Dangdang sees Q2 revenue RMB1,186M, consensus $202.05M

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07:03 EDTDANG
theflyonthewall.com: Dangdang reports Q1 EPS (20c), consensus (24c)

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May 16, 2012
16:23 EDTSINA
theflyonthewall.com: On The Fly: Closing Wrap

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12:29 EDTSINA
theflyonthewall.com: Stocks with call strike movement; SINA AVP

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12:14 EDTSINA
theflyonthewall.com: On The Fly: Midday Wrap

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09:00 EDTSINA
theflyonthewall.com: SINA rises 11.8%

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09:00 EDTRENN
theflyonthewall.com: Renren rises 4.5%

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08:43 EDTSINA
theflyonthewall.com: SINA gaps sharply higher after results, resistance is at $58.35

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08:22 EDTSINA
theflyonthewall.com: SINA upgraded to Outperform from Neutral at Credit Suisse

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08:04 EDTSINA
theflyonthewall.com: SINA upgraded to Overweight from Equal Weight at Barclays
Barlcays said the worst is behind SINA and that Weibo can begin to generate substantial revenues in 2H 2012. Price target raised to $72 from $66. :theflyonthewall.com
08:00 EDTSINA
theflyonthewall.com: SINA price target lowered to $82 from $92 at Brean Murray
Brean Murray lowered its price target on SINA following Q1 results. The firm cited light guidance and a soft industry outlook for its lowered target but maintains its Buy rating as user growth increased and the company launched its Weibo displayed advertising system in an attempt to monetize its asset. :theflyonthewall.com

May 15, 2012
17:04 EDTSINA
theflyonthewall.com: SINA sees Q2 revenue $126M-$129M, consensus $130.44M

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17:02 EDTSINA
theflyonthewall.com: SINA reports Q1 EPS (21c), consensus (23c)

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13:59 EDTSINA
theflyonthewall.com: SINA May put volatility elevated at 107 into Q1 results and outlook

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12:00 EDTRENN
theflyonthewall.com: Renren rises 10.9%

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12:00 EDTDANG
theflyonthewall.com: Dangdang rises 11.7%

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11:28 EDTDANG
theflyonthewall.com: Dangdang heads up for a test of its 10-day MA, last at $7.61
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10:00 EDTRENN
theflyonthewall.com: Renren rises 10.6%

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09:00 EDTRENN
theflyonthewall.com: Renren rises 4.6%

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07:50 EDTRENN
theflyonthewall.com: Renren Q1 results above expectations, says Brean Murray

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07:10 EDTBIDU
theflyonthewall.com: Baidu to unveil low cost smartphone, WSJ reports

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06:10 EDTBIDU
theflyonthewall.com: On the Fly: Periodicals Wrap-Up

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May 14, 2012
18:06 EDTRENN
theflyonthewall.com: Renren sees Q2 revenue $41M-$43M vs. consensus $45.9M
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18:05 EDTRENN
theflyonthewall.com: Renren reports Q1 EPS (3c), consensus (4c)

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09:29 EDTSINA
theflyonthewall.com: SINA Weibo profit model under fire, Caixin.com reports

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08:36 EDTSINA
theflyonthewall.com: SINA price target lowered to $45 from $51 at Maxim

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May 12, 2012
16:15 EDTPWRD
theflyonthewall.com: Perfect World acknowledges civil case filed alleging securities violations

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16:13 EDTPWRD
theflyonthewall.com: Perfect World board accepts suggestions to improve corporate governance

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16:10 EDTPWRD
theflyonthewall.com: Perfect World announces findings of internal investigation
Perfect World announced the findings of the Audit Committee based on the results of an internal investigation. On January 10, Perfect World announced that its independent Audit Committee planned to thoroughly review the anonymous allegations posted on certain Chinese language websites on or around January 8 and would engage independent legal counsel to assist with the review....Summary of Major Findings:Perfect World did not overpay for Zhizhu advertising services or equity, no evidence suggests any member of Mr. Chi's family received any monetary benefit, improper or otherwise, from Perfect World's office building renovation project, the divestiture of the film and television business was properly conducted and the price was reasonable and fair, no evidence suggests that Mr. Chi improperly evaded taxes. :theflyonthewall.com