Hans Chung

After see-sawing through much of Thursday's session, Alibaba Group Holding Limited (NYSE: BABA) ended modestly higher. Two more sell-side firms tempered their expectations on the Chinese company even while retaining a bullish bias on the stock. The Alibaba Analysts: KeyBanc Capital Markets...

Alibaba Group Holding Limited (NASDAQ: BABA) reported June quarter results Tuesday, sending the Chinese e-commerce company's stock lower.  The Alibaba Analysts: Needham analyst Vincent Yu maintained a Buy rating and $330 price target for Alibaba shares. Raymond James analyst Aaron...

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws. The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on...

Following several years of investing in original content, IQIYI Inc - ADR (NASDAQ: IQ) seems to have enough content diversification to fully differentiate itself from competition, according to KeyBanc Capital Markets. The iQIYI Analyst: Hans Chung upgraded iQIYI from Sector Weight to...

Despite potential concerns around competition from community group buying players, Dada Nexus Ltd. (NASDAQ: DADA) stands apart with a differentiated O2O (online-to-offline) delivery model and serves consumer demand that is distinct, according to KeyBanc Capital Markets. The Dada Nexus Analyst: Hans...

Pinduoduo Inc (NASDAQ: PDD) and JD.com, Inc  (NASDAQ: JD) could benefit from antitrust proceedings against Alibaba Group Holding Ltd (NASDAQ: BABA) in China, according to KeyBanc Capital Markets analyst Hans Chung. What Happened: “We believe PDD could be the primary beneficiary of the...

While Pinduoduo Inc’s (NASDAQ: PDD) near-term prospects remain under pressure due to elevated competition, its big new customer wins and market share gains in high-frequency categories bode well for growth in the long term, according to KeyBanc Capital Markets. The Pinduoduo Analyst: Hans...

On Thursday, Alibaba Group Holding Ltd - ADR (NYSE: BABA) reported fiscal first-quarter earnings and revenue beats as the Chinese economy continues to recover from the COVID-19 outbreak. Alibaba reported adjusted EPS of 14.82 yuan ($2.14) on revenue of 153.75 billion yuan ($21.76 billion). Both...

KeyBanc Capital Markets is lowering its estimates for Alibaba Group Holding Ltd - ADR (NYSE: BABA) in the second half of the year. Traffic shifts to merchant livestreaming could have a negative impact on the Chinese e-commerce giant's monetization, an analyst said.  The...

OneConnect Financial Tech Co Ltd ADR (NYSE: OCFT) is a leading FinTech enabler with significant competitive advantages in a market that represents huge opportunity, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Hans Chung initiated coverage of OneConnect Financial Tech with an...

Alibaba Group Holding Ltd – ADR (NYSE: BABA) may see a much bigger benefit from trendy social media content marketing than investors realize, and an upcoming investor meeting could shed some light on the potential and drive up the stock, according to KeyBanc Capital Markets.  The...

BEST Inc (NYSE: BEST) reported disappointing results for the second quarter, amid stiffening competition. The company has missed earnings expectations for six of the last eight quarters and needs to improve its execution to meet targets in all business segments, according to KeyBanc Capital Markets...

Pinduoduo Inc (NASDAQ: PDD) reported a first-quarter beat Monday, with both revenue and operating margin landing ahead of expectations. The Chinese e-commerce company achieved better efficiency in user acquisition and maintenance in the quarter, according to KeyBanc Capital Markets. The...

Baidu Inc (NASDAQ: BIDU) reported first-quarter results Thursday that were ahead of expectations, but announced hugely disappointing second-quarter guidance. While the quarterly guidance reflects macro, industry oversupply and health care headwinds, the resultant reset in expectations could...

China-based e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) Wednesday reported fiscal fourth-quarter results that came in better than expected, but management's guidance for fiscal 2020 missed estimates. Here is a summary of how some of the Street's top analysts reacted to the...