Streetbeat News

CNICF

China International Capital Corporation Limited

http://www.cicc.com.cn

CEO

Zhaohui Huang

Industry

Investment Banking and Securities Dealing

Open

1.20

Mkt cap

12B

Volume

400

High

1.23

P/E Ratio

9.46

52-wk high

2.00

Low

1.20

Div yield

0.03

52-wk low

1.20

Chinese online retailers JD.com (NASDAQ:JD) and Bilibili Inc. (NASDAQ:BILI) are preparing for the upcoming Single's Day sales event on November 11. JD.com plans to hold a pre-sale event and expects to sell over 800 million items. Bilibili is partnering with JD and Alibaba (NYSE:BABA) to boost sales. China International Capital Corp Limited (OTC:CNICF) expects the sales event to increase earnings for the retailers. CICC gave Alibaba a price target of HK$137 and JD a price target of $44.

Portfolio Pulse from Daniel Harrison

October 19, 2023 | 1:28 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.