The Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) is now expanding into the smartphone market, with reportedly $590 million investment in the local start-up Meizu Technology Co. On Friday shares of Alibaba Group Holding Ltd (NYSE:BABA) closed at $85.68. Company’s EPS growth for next 5 years is recorded as 28.69%.
Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) announced Feb. 4 that it had acquired the domain name “360.com” in a record US$17 million deal, as the company tries to reboot its operations and expand. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) in last trading activity advanced 2.09% to close at $62.48. Company weekly performance is 6.77% while its quarterly performance stands at -11.85%. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) is -49.78% away from its 52 week high.
Baidu, Inc. (NASDAQ:BIDU) announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2014, after the U.S. market closes on February 11, 2015. On last trading day Baidu Inc (ADR) (NASDAQ:BIDU) moved down -2.32% to close at $211.78. Its volatility for the week is 2.25% while volatility for the month is 2.78%. BIDU’s sales growth for past 5 years was 58.50% and its EPS growth for past 5 years was 58.00%. Baidu Inc (ADR) (NASDAQ:BIDU) monthly performance is -5.60%.
China Telecom Corp. Ltd. (NYSE:CHA) expects to have 100 million new 4G customers this year. China Telecom Corp. Ltd. (NYSE:CHA) institutional ownership stands at 0.70%. In last trading activity company’s stock closed at $61.08.
On 2 February, Renren Inc. (NYSE:RENN) has led a $10 million investment in a Washington-based startup that uses big data to forecast legislation, the latest move by the Chinese social network to fund innovative companies that could further the company’s growth. On last trading day Renren Inc. (NYSE:RENN) moved down -1.12% to close at $2.66. Its volatility for the week is 4.86% while volatility for the month is 3.20%. RENN’s sales growth for past 5 years was 62.60%. Renren Inc. (NYSE:RENN) monthly performance is 2.70%.