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Stock Market & Financial Investment News

News Breaks
July 7, 2014
09:17 EDTVIPSVipshop price target raised to $218 from $191 at Deutsche Bank
Deutsche Bank raised its price target for Vipshop shares to $218 after its channel checks indicated strong user traffic growth. The firm expects the company's momentum to continue in Q2 and it keeps a Buy rating on the stock.
News For VIPS From The Last 14 Days
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October 9, 2014
08:10 EDTVIPSVipshop announces ADS ratio change to 5 ADS to 1 ordinary share
Vipshop Holdings announced that it will change its ADS to Class A Ordinary Share ratio from one ADS representing two shares to five ADSs representing one Share, effective November 3. Vipshop ADS holders of record as of the close of business on October 31, 2014 will receive nine additional ADSs for every one ADS held on that date. For Vipshop's ADS holders, this ratio change will have the same effect as a 10-for-1 ADS split. The ADS ratio change will have no impact on Vipshop's underlying Shares. Furthermore, no action by ADS holders is required to effect the ratio change.

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