China Telecom Corp Limited (ADR) (NYSE:CHA) will begin trading ex-dividend on June 02, 2014. A cash dividend payment of $1.225221 per share is scheduled to be paid on July 28, 2014. China Telecom Corporation Limited (ADR) (NYSE:CHA) net profit margin is 9.70% and weekly performance is 0.53%. On last trading day company shares ended up $49.73. Analysts mean target price for the company is $55.34. China Telecom Corporation Limited (ADR) (NYSE:CHA) distance from 50-day simple moving average (SMA50) is 4.87%.
Baidu, Inc. (NASDAQ:BIDU) the leading Chinese language Internet search provider, on 5 June announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc. (ADR) (NASDAQ:BIDU) shares advanced 5.48% in last trading session and ended the day on $172.34. BIDU gross Margin is 62.40% and its return on assets is 15.30%.Baidu Inc. (ADR) (NASDAQ:BIDU) quarterly performance is -5.33%.
Tencent Holdings Ltd (OTCMKTS:TCTZD) owner of WeChat, fired back. It accused Xiaobing of violating a number of user policies such as prompting users to include Xiaobing in group chats and creating a large number of spam accounts. Tencent Holdings Ltd (OTCMKTS:TCTZD) shares moved down -0.35% in last trading session and was closed at $14.20, while trading in range of $14.05 – $14.20.
NetEase, Inc. (NASDAQ:NTES) on 23 may announced that, according to Internet research firm iResearch, the NetEase Mobile News application was the No. 1 mobile news application used by consumers in China in terms of time spent. NetEase, Inc. (ADR) (NASDAQ:NTES) ended the last trading day at $70.85. Company weekly volatility is calculated as 2.21% and price to cash ratio as 2.89.NetEase, Inc. (ADR) (NASDAQ:NTES) showed a negative weekly performance of -0.44%.
International Business Machines Corp. (NYSE:IBM) on 5 June won a contract with China’s state-owned Shanghai Airport Authority to use cloud computing to help move traffic more efficiently. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is 1.09%. On last trading day company shares ended up $186.37. Analysts mean target price for the company is $194.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -1.81%.