$Tencent (00700) $ announced the eanigns report for 21Q2 on Wednesday. The performance is stable and strong, however, it is difficult to find the support of stock price. The good news is that Tencent started its fourth repurchase after the mobile Internet era. Looking back, her every repurchaseturns out to be "a golden buying point". IPO-2014 Before 2014, Tencent was in the "QQ time", while the Internet was still in 2G and 3G, and the mobile Internet had not yet come. Sufferred in the subprime mortgage crisis in 2008 and the European debt crisis in 2011, there was a global "reverse tide", so Tencent continued to buy back in those days. 2014-present In 2014, Tencent also ushered in the "WeChat era", and the mobile has&
Nio Stock: EV Maker's Second-Quarter Loss Narrows as Revenue Rises
Nio beats Wall Street's expectations as second-quarter vehicle sales surge 127%.Nio -Get Report posted better-than-expected second-quarter earnings Wednesday as the Chinese electric vehicle company reported a jump in revenue and raised its guidance.Shares of the Shanghai company were essentially flat at $43.99 in after-hours trading.Nio reported a net loss of 7 cents a share. The adjusted loss coming to 3 cents a share. Analysts surveyed by FactSet were calling for a loss of 9 cents a share.Rev