International IPO Weekly Winners & Losers
RenaissanceCapital·- The Renaissance International IPO Index rose 1.3 % last week, outpacing the ACWX ex-US ETF, with Zijin Gold International and Kokusai Electric experiencing contrasting performances. - Unitree Robotics surged 346 % in its Shanghai STAR IPO, highlighting robust activity in Mainland China's market alongside notable gains from several Indian listings. - Upcoming market pipelines feature major expected offerings, including SHEIN's anticipated Hong Kong listing targeting a valuation of 26 billion dollars or more and new deals across India and other global regions.Weekly Recap | Bilibili -2.18%, consensus target sits above spot
Weekly Review·- Bilibili ( BILI.US ) fell 2.18 % this week to close at 17.06 USD, underperforming the S & P 500 by 0.75 percentage points amidst broader market and US-listed Chinese stock pressures. - Thirty-two institutions currently cover the company with an aggregate "Strong Buy" consensus rating and a consensus target price of 29.79 USD, indicating significant upside potential from current levels. - The upcoming second-quarter financial results for fiscal year 2026, scheduled for August 27, will serve as a crucial catalyst for verifying its commercialization progress and earnings improvement.Weekly Recap | Baidu -10.09%, Q2 revenue miss triggers sell-off
Weekly Review·- Baidu shares fell 10.09% this week, significantly underperforming the S&P 500 index. - The sharp decline was triggered by weaker-than-expected Q2 2026 earnings and subsequent rating downgrades by institutions like Morgan Stanley. - Despite strong GPU cloud growth and autonomous driving expansions, market anxiety over traditional advertising pressures drove heavy selling.U.S. stock night market fluctuations: Alibaba fell 3.59% in night trading: earnings missed expectations + U.S. Treasury rebound, heavy asset investments dragged down stock price
Price Alert·- During US after-hours trading, Alibaba shares dropped 3.59% due to weaker-than-expected earnings, a 75% surge in capital expenditures, and rising US Treasury yields. - Amazon shares rose 0.31% driven by the expansion of Prime Air and strong AWS revenue growth, which reached 422.3 billion USD with a 36.7% year-on-year increase. - JD.com fell 0.44% amid market concerns over EU regulatory scrutiny regarding its acquisition of Ceconomy, despite announcing a major robot strategy investment.