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NIO Inc. (NIO, BUY)COVID Lockdowns Weigh on 2Q Guidance; Set to Recover in 2H Maintain BUY and Decreasing PT to $35 NYSE:NIO We are maintaining our BUY rating and decreasing PT to $35 (was $40) after NIO reported in line 1Q:22 revenue, with margins below expectations. With 1Q deliveries (25,768) preannounced, investors primarily focused on 1Q margin, 2Q guidance and 2H outlook. Vehicle margin declined to 18.1% in 1Q, down 310bps y/y and 280bps q/q, 136bps/86bps below Tiger/consensus, mainly due to increased ba

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Tencent Holdings Ltd. (700-HK, BUY)1Q Miss and COVID Likely Delays Recovery, but Easing Regulations Should Support Investor Sentiment; Maintain BUY and Decreasing PT to HK$400 HKEX:700 We are maintaining our BUY rating but decreasing PT to HK$400 (was HK$475) after Tencent reported 1Q earnings miss and implied continued macro challenges for 2Q. Domestic game revenue declined 1% y/y. Int'l game revenue grew 8% CC y/y (vs. +24% in 4Q, excluding onetime accounting adjustments), accounting for 24% (flat y/y) of total game revenu

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Pinduoduo, Inc.(PDD,HOLD)Strong Marketplace Drives 1Q Beat, butFacingNear Term Challenges Maintain HOLD and$50 PT NASDAQ:PDD We are maintaining our HOLD rating and$50 price target after PDD beat 1Q revenue and profit estimates but implies potential revenue deceleration and a step up in expenses due to COVID. Active buyers reached 882M, adding 13Mq/q, improvingfrom+1M in 4Q, with MAUs also growing18M q/q to751M, after decreasing 8M in 4Q. But mgmt. notes that with the current scale, active buyer growth should inevitab

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Alibaba (BABA, BUY) Solid F4Q; Now is the Inflection Point We are upgrading our rating from HOLD to BUY and maintain our PT of $130 as F4Q results beat estimates and we see F1Q (June quarter) as the long-awaited inflection point for the company. CMR was flat y/y in F4Q (vs. -1% in Dec. quarter), despite a low-single-digit decline in GMV due to disruptions in supply chain and logistics in March. Cloud revenue grew 12% y/y, decelerating 8pts from F3Q due to macro weakness and COVID. Global AACs reached 1.31B, adding

by Tiger Brokers

Nio Is Now Down Over 50% From Its High Electric vehicle investors are well aware that NYSE:NIO stock has had a tough 2021, in part because the company had no new models while rivals including NYSE:XPEV and NASDAQ:LI launched new or substantially revised vehicles. But with the ET5, the ET7's launch confirmed for March, and at least one more new Nio expected before the end of next year, 2022 is already shaping up to be a different story. That, and not the latest COVID variant, is what Nio investors should be focused on right now.

by Tiger Brokers

Massive Block Trades Hammered These Stocks Tencent Music NYSE:TME which is basically like Spotify NYSE:SPOT in China, plunged 33% on Friday. In addition, shares of Viacom NASDAQ:VIAC plunged 50% over the last week! What exactly is going on? Other big Chinese tech names like online tutoring and constant target of short sellers, GSX TechEd NYSE:GSX as well as Discovery NASDAQ:DISCA and Baidu NASDAQ:BIDU and video streaming giant NASDAQ:IQ also saw big declines. This price action is truly unprecedented, because all of these st

by Tiger Brokers

Ehang Stock is Too Hot to Touch Has anyone seen this company Ehang? NASDAQ:EH This company is too cool. It's a Chinese company that manufacturers flying cars. We want to buy one. TradingView really needs to start letting us post pictures and not just charts:( but basically Ehang manufactures and sells these flying cars that use dozens of helicopter blades to levitate. You've never seen anything like these "cars" or vehicles before, so I suggest you all check out their website to see some pictures www.ehang.com As for the

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Alibaba Stock is Looking Really Cheap Right Now NYSE:BABA is one of the world's leading Ecommerce companies in the world's largest consumer market. The company is growing super fast too. According to the Q4 earnings release they put out last week, they had about 900 million people on their online marketplaces each month! In Q4 2020 revenue for Alibaba was 221 billion Chinese Yuan (CNY) or about 33 billion USD, which was up 37% year over year. Net income was 77 billion CNY or about 12 billion USD, up 27% year on year. Basically Alibaba is

by Tiger Brokers

What is the Real Short Interest of GameStop?Who can't stop looking at Wall Street Bets these days? That site is hilarious. After yesterday's tortured 30% selloff in GameStop, now there is a lot of speculation about what is going to happen today and what the real short interest is of NYSE:GME and other notable names. So data analytics IHS Markit NYSE:INFO yesterday reported that they calculated that the short interest of GameStop had fallen radically to 39% yesterday, down from over 110% last week. The American financial media is

by Tiger Brokers

Gamestop Will End in Tears; But Who Exactly Will Lose?NYSE:GME has been the craziest stock in the US market in recent weeks. What exactly is going on? Yesterday the stock went up 90% and aftermarket it went up another 40% to about $209 dollars per share. Before the open today, this is what investors should know: The Stock started 2021 around $17-$18 USD per share. Since 2015, the stock has been slowly declining every year, because Gamestop is a bricks and mortar video game retailer in a world where Sony, Microsoft NASDAQ:MSFT , and other big vid

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Just How Hot is the US Stock Market?It’s been stunning to watch the SP500 AMEX:SPY rise a staggering 70%+ since the lows of March 2020. As the market has risen, traders should also start to pay attention to aggregate exchange volumes to get an idea of where we are in this most aggressive of bull markets. So AMEX:CBOE is the third largest US stock exchange after NASDAQ:NDAQ and the New York Stock Exchange, which is a subsidiary of Intercontinental Exchange NYSE:ICE . CBOE frequently publishes data about total trading volume

by Tiger Brokers

Welcome To Tiger Brokers Tiger Brokers is really excited to officially partner with TradingView and offer U.S. equity trading to all the traders in Singapore & Malaysia. Tiger Brokers is a leading online brokerage that serves investors across Asia and beyond. We like to think of ourselves as a young, next generation fintech company. Tiger was founded in 2014, but we are already Nasdaq listed, have over 800 employees, and offices in Singapore, Hong Kong, New Zealand, Australia, the U.S., and China. We now have over 1 mi

by Tiger Brokers