WB241213P9000
- 0.05
- 0.000.00%
Weibo Newsroom
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Weibo Corporation (NASDAQ:WB) Held Back By Insufficient Growth Even After Shares Climb 26%
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
GTJA: The Chinese stock market has bottomed out, conditions for a 'transformation bull market' are forming. Bullish on Hong Kong stock internet.
GTJA Chief Analyst Fang Yi stated that the bottom of the China stock market has already appeared, and the conditions for a "transformation bull market" are beginning to form. He pointed out that first, after a long period of continuous adjustment, the clearing of pessimistic expectations and micro-structure is a prerequisite for the stock market to have valuation elasticity; secondly, the active shift in attitude from decision-makers to reverse the economic situation and support the Capital Markets is an important cornerstone for adjusting long-term expectations, getting rid of the "bear market mentality," and pushing the stock market's bottom higher; third, reforms in the Capital Markets improve Shareholder returns, while resolving debt, promoting reform, and stabilizing Asset prices, are expected to constitute China's new "three arrows" for economic development, leading to a transition in the China stock market.
US stock market fluctuations | Weibo pre-market dropped over 5%. Institutions expect the company's advertising revenue may resume a declining trend.
On December 10, Glonghui reported that Weibo (WB.US) had fallen over 5% in pre-market trading to $10.03. According to a report released by Jianyin International, Weibo's third-quarter performance exceeded both the bank's and market expectations, with the biggest highlight being stable advertising revenue driven by the Paris Olympics. However, following the conclusion of the Olympics, the company's advertising revenue may resume its declining trend. Until there is more clarity on Weibo's recovery timeline, the bank conservatively predicts a 4% year-on-year decline in the company's fourth-quarter revenue, with no growth projected for next year. The bank has raised Weibo's earnings forecast for this year by 4% to reflect the better-than-expected third-quarter performance, but forecasts for 2025.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Bullish surprise! A50 and Hong Kong stocks surged, china assets etf collectively skyrocketed, and the 3x long FTSE china etf jumped nearly 18% in pre-market trading.
Just now, the Hong Kong stock market surged sharply, with the hang seng tech index rising over 4% and the hang seng index increasing by 2%. The ftse china a50 index futures also surged, at one point rising over 4%.
The Political Bureau of the Central Committee of the Communist Party of China: Implement more proactive macro policies, expand domestic demand, promote the integration of technology innovation and industrial innovation, and stabilize the real estate and s
The Political Bureau of the CPC Central Committee held a meeting on December 9 to analyze and study the economic work in 2025; listened to the work report of the Central Commission for Discipline Inspection and State Supervision Commission, and discussed the arrangements for the party's work style and anti-corruption work in 2025. General Secretary of the CPC Central Committee **** presided over the meeting.
Weibo Target Price Raised to HK$83.00 From HK$72.00 by Deutsche Bank >WB
Alibaba's $71M Bet On Ably Corp Turns It Into South Korea's First Unicorn of 2024
Returns On Capital At Weibo (NASDAQ:WB) Paint A Concerning Picture
The Hang Seng Index quarterly review is finalized! The csi consumer 360 index share has increased. Who is likely to be included in the Hong Kong Stock Connect in the future?
New Oriental and Kuaishou are included in the Hang Seng Index, new world dev is excluded; PICC P&C is included in the Hang Seng SOE, Longfor Group is excluded; Midea is included in the Hang Seng technology, Weibo is excluded.
The Hang Seng Tech Index included Meituan (00300.HK) while Weibo (09898.HK) was removed in the quarterly review.
Hang Seng Index announced the results of the quarterly review, with Hang Seng Tech Index including Midea (00300.HK) and removing Weibo-SW (09898.HK), maintaining 30 constituents of the indices. All changes will be implemented after the market closes on December 6, 2024 (Friday) and will take effect starting on December 9, 2024 (Monday).
gf sec: Maintain weibo-SW "buy" rating, reasonable value 92.31 Hong Kong dollars.
GF Securities released a research report stating that it maintains a 'buy' rating on Weibo-SW (09898), with projected company revenue reaching $1.76 billion and $1.85 billion in 2024-25, increasing by 0.2% and 4.8% respectively. Adjusted net income attributable to shareholders for 2024-25 is expected to be $0.481 billion and $0.49 billion, with increases of 6.7% and 2.0%, respectively, and a fair value of HK$92.31. Weibo demonstrated its potential as an event-based social media platform in the operation during the Olympics, continuously attracting advertising budgets due to its platform characteristics. The company is enhancing the upgrade of new product launch marketing products, with a decline in the beauty category.
Weibo Likely to Face Continued Pressure on Revenue -- Market Talk
Major bank rating | CICC International: Lowered the target price of weibo to HK$77.22, with advertising spending recovery slowing down.
Gelonghui, November 21 - Jianyin International released a report indicating that Weibo's third-quarter performance exceeded the expectations of the bank and the market, with the biggest highlight being the company's robust advertising revenue driven by the Paris Olympics, particularly significant contributions from advertisers in the csi sws food & beverage index and sports outfits. However, as the Olympics conclude, the company's advertising revenue may resume a downward trend. The bank believes that a comprehensive consumer recovery is the only way for Weibo to reverse its business trajectory since more than two-thirds of its advertisers come from consumer-related industries, rendering its business highly skewed towards brand advertising. Until there is more clarity on Weibo's recovery timetable, the bank remains conservative.