Weibo Corp (ADR) (NASDAQ:WB) the micro-blogging website based out of China, on 23 may has reported more than double net loss in 1Q, 2014. Weibo Corp (ADR) (NASDAQ:WB) net profit margin is -74.70% and weekly performance is 0.11%. On last trading day company shares ended up $18.54. Analysts mean target price for the company is $25.00. Weibo Corp (ADR) (NASDAQ:WB) distance from 50-day simple moving average (SMA50) is -3.96%.
One of China’s leading online game developers, Giant Interactive Group Inc. (NYSE:GA) on 27 may reported first quarter fiscal 2014 adjusted earnings of 22 cents (on a local currency basis). Earnings were almost flat year over year owing to weak sales. Earnings, however, lagged the Zacks Consensus Estimate of 25 cents by 12%. Giant Interactive Group Inc. (ADR) (NYSE:GA) shares advanced 0.09% in last trading session and ended the day on $11.77. GA gross Margin is 88.00% and its return on assets is 38.70%.Giant Interactive Group Inc. (ADR) (NYSE:GA) quarterly performance is 3.52%.
Qunar Cayman Islands (NASDAQ:QUNR)’s stock had its “neutral” rating reaffirmed by equities researchers at Macquarie in a research report issued on Tuesday. Qunar Cayman Islands Ltd (NASDAQ:QUNR) shares moved down -2.16% in last trading session and was closed at $24.02, while trading in range of $23.92 – $24.64. Qunar Cayman Islands Ltd (NASDAQ:QUNR) year to date (YTD) performance is -9.46%.
Equities research analysts at Jefferies Group boosted their target price on shares of Renren Inc. (NASDAQ:RENN) from $2.70 to $2.85 in a research note issued to investors on Thursday. Jefferies Group’s target price indicates a potential downside of 16.42% from the stock’s previous close.
Renren Inc. (NYSE:RENN) ended the last trading day at $3.33. Company weekly volatility is calculated as 2.58% and price to cash ratio as 1.28.Renren Inc. (NYSE:RENN) showed a negative weekly performance of -1.48%.
Chinese Internet portal operator Sina Corp (NASDAQ:SINA) is giving investors plenty to worry about, and not much to look forward to. Both Sina and microblog service Weibo, in which it retains a majority stake after last month’s New York listing, lost money during the first quarter. Sina’s revenue was up 36% from a year earlier. SINA Corp (NASDAQ:SINA) net profit margin is 3.50% and weekly performance is 0.02%. On last trading day company shares ended up $44.82. Analysts mean target price for the company is $71.91. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -11.80%.