Tag Archives: vips

Baidu, YY, Vipshop Rated Best China Stocks At Nomura

Nomura Equity Research initiated coverage of China’s Internet sector, with Baidu (BIDU), Vipshop Holdings (VIPS), YY (YY) and Tencent Holdings listed as the top picks with buy ratings. “The China Internet story in 2014 will naturally be all about mobile,” wrote Nomura analyst Chao Wang. “But in the end, investors care about monetization, which is evolving rapidly but remains work in progress.” Search-engine giant Baidu generates over 40% of its

Vipshop Jumps On Price Target Upgrades After Q4 Beat

Chinese flash-sale website Vipshop (VIPS) trampled Wall Street’s Q4 forecast late Monday, prompting analysts to raise their price targets and sending the stock soaring about 30% Tuesday. The stock touched a new all-time high of 182 in Tuesday’s session before returning to about 166 on the stock market today. The Guangzhou, China-based company late Monday reported earnings per share surged 206% to 49 cents, beating views by 8 cents. Sales rose 117%

Vipshop Earnings Triple And Stock Jumps After Hours

Chinese e-commerce company Vipshop (VIPS) late Monday posted Q4 earnings that more than tripled vs. the year-earlier quarter, as the company gained shoppers despite a crowded online retail field that includes Alibaba’s Tmall. Earnings per share minus items jumped to 49 cents from 16 cents, where Wall Street had been expecting 41 cents, according to analysts polled by Thomson Reuters. Sales at Guangzhou, China-based Vipshop climbed 117% to $651