TheStreet Quant Ratings rates Baidu Inc (ADR) (NASDAQ:BIDU) as a buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened today at $160.60 and is currently trading at $162.37. The stock showed a negative weekly performance of -4.06%.
Youku Tudou Inc (ADR) (NYSE:YOKU) average recommendation is overweight with average target price of $24.41. Youku Tudou Inc (ADR) (NYSE:YOKU) stock opened at $30.86, in current trading session and currently is at $30.43, by losing -3.55%. The 52 week range of $15.54 – $36.84. Company’s market capitalization is $5.70 billion.
Chinese software company Qihoo 360 Technology Co Ltd (NYSE:QIHU) is to team up with Walt Disney to distribute and facilitate the US company’s animation-based mobile games, reports the Yicai web portal of the Shanghai-based China Business News. Qihoo 360 Technology Co Ltd (NYSE:QIHU) stock is open at $89.21 and currently trading at $88.05. The EPS of the stock is 0.73. Company’s market capitalization is $21.60 billion.
Chinese Internet company SINA Corp (NASDAQ:SINA) announced on Thursday that it has reached a cooperation agreement with China UnionPay, a national bank card association, signaling the Internet giant’s intent to enter the Internet payment business. The two sides will strengthen cooperation on payment products and value-added services as well as marketing and promotions, Sina said in a statement. Sina received a third-party payment license from the People’s Bank of China on July 6, 2013 to conduct online payment services within the country. SINA Corp (NASDAQ:SINA) stock opened the session at $71.58, and now is at $70.22. The 52 week range of the SINA stock remained $45.54 – $92.83 and the day range was $69.35 – $72.21.
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