Preview: Weibo's Earnings
Earnings Week Ahead: NVDA, WMT, SNOW, TGT, BIDU, NIO, ZIM, and More
Citi Maintains Weibo(WB.US) With Buy Rating, Maintains Target Price $12
Earnings Preview: Weibo to Report Financial Results Pre-market on November 19
$Weibo(WB.US)$ is scheduled to release its financial results pre-market on November 19 ET. Earnings PreviewAnalysts estimate $Weibo(WB.US)$ to post revenue of USD435.98M for 2024Q3, down 1.4% YoY;
[Brokerage Focus] UBS Group's feedback on the china internet plus-related industry market: Investor sentiment and industry trends.
UBS Group recently conducted a survey of 59 investors in asia, the results show that investors maintain a strong interest in china's internet plus-related industry, but adopt a cautious attitude towards online media and gaming industries. Investors prefer sub-industries that are more sensitive to the macroeconomy, such as e-commerce and local services.
Weibo (WB.US) anti-corruption report, 17 people have been dismissed and will never be hired since 2021.
Weibo (WB.US) released an anti-corruption report. As of 2021, the Compliance and Supervision Department has discovered and dealt with 9 cases of employee corruption, with 17 people having their labor contracts terminated, 10 of whom were transferred to judicial authorities for suspected crimes. The company also attached a list of entities permanently ineligible for cooperation added since 2021, involving 13 companies.
Weibo reports 9 cases of employee fraud: 10 individuals have been transferred to judicial authorities on suspicion of committing crimes.
"Weibo spokesperson" released an anti-corruption notice: Weibo attaches great importance to lawful operation, with the "Employee Code of Conduct" and "Conflict of Interest Avoidance Guidelines" as the basic system, focusing on strengthening internal compliance advocacy and improving the reporting channels as the main means, increasing efforts to combat acts such as commercial bribery and embezzlement, and practicing the business philosophy of "integrity, openness, and fairness".
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Weibo reported 9 cases of employee fraud, 10 people were transferred to judicial authorities for suspected crimes.
November 8th, according to Gelunhui, Weibo's official spokesperson account, 'Weibo Spokesperson,' posted today stating that from 2021 to present, the Compliance and Supervision Department has discovered and dealt with 9 cases of employee fraud, leading to 17 employees having their labor contracts terminated. Among them, 10 individuals were transferred to judicial authorities for suspected criminal offenses.
Weibo Corporation's (NASDAQ:WB) Stock Price Dropped 3.3% Last Week; Private Companies Would Not Be Happy
Weibo | 6-K: Report of foreign private issuer (related to financial reporting)
WB-SW: DATE OF BOARD MEETING ANDDATE OF PUBLICATION OF THIRD QUARTER 2024FINANCIAL RESULTS ANNOUNCEMENT
Weibo Corporation to Report Third Quarter 2024 Financial Results on November 19, 2024
UBS Group: Mainland Internet industry cooperation to promote revenue and profit margin growth, expected industry P/E growth ratio rise to 1.3 times.
UBS Group's China internet research director Fang Jincang stated that participants in the mainland internet industry have been relatively optimistic about the industry's outlook in recent weeks. He explained that although macro policies continue to be implemented, it will take some time for consumer confidence to recover, but various departments at the central level are coordinating to stimulate the mainland economy.
US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
Shares of US-listed Chinese Stocks Are Trading Higher After China's Sept. Retail Sales and Industrial Production Data Beat Estimates.
500 billion convenient business processes and operational details for exchange are all here! 20 brokerages and funds are ready.
The interest rate bonds obtained through swap transactions can only be pledged and cannot be sold; the pledge rate should not exceed 90% in principle. ChinaBond Inclusion monitoring is implemented, and the replenishment line is set at no less than 75%.
Fitch first assigned a 'BBB' rating to Weibo (09898.HK) with a stable outlook.
Credit rating agency Moody's has awarded Weibo - SW (09898.HK) with a "BBB" long-term foreign and local currency issuer default rating for the first time, with a stable outlook. Moody's indicates that based on Moody's "Rating of Subsidiary-Parent Relationship" standard, the rating path of strong subsidiary and weak parent, the subsidiary has an open restriction level on the parent company at the legal level, and the parent company has a partially open degree of access to and control of the subsidiary's cash and assets. Therefore, Moody's raised a sub-level on top of the consolidated credit situation to determine Weibo's rating, one level higher than the evaluation result of Weibo's parent company, Sina Group Holding Limited credit condition. As of 2023.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
Hong Kong stock market anomaly | jd.com logistics (02618) rose more than 3%. Alibaba and jd.com will mutually open up in payment and logistics. Institutions expect to increase its logistics revenue by 4%-8%.
jd.com logistics (02618) rose more than 3%, as of press time, up 2.11%, at HK$13.52, with a turnover of HK$53.0846 million.