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Washington weighs risk of defending Taiwan against China, East Asia News & Top Stories

WASHINGTON (AFP) – US President Joe Biden is expected to announce his strategy towards China soon, and calls are growing for him to make a clear public commitment to defend Taiwan militarily in the event of Chinese aggression.

China considers Taiwan, which has a population of 23 million, to be a rebel province that will one day return to the mainland’s fold, by force if necessary.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

Eyeing China, House 5G Caucus leaders re-introduce bill on wireless standards

MediaIntel.Asia

Eyeing China, House 5G Caucus leaders re-introduce bill on wireless standards May 5, 2021 at 11:44 AM Tweet Co-chairs of the House 5G Caucus on Wednesday re-introduced a bill on wireless standards-settings they say will help the U.S. counter China. Reps. Tim Walberg (R-MI), Debbie Dingell (D-MI), Bill Johnson (R-OH) and Annie Kuster (D-NH) re-upped the “Promoting United States Wireless Leadership Act,” which was crafted to push back against competitors like China and Russia in the development of wireless standards. “If the United States doesn’t lead on 5G and related wireless technology, someone else – likely China –...

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

MediaIntel.Asia

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Posted by Frank Smitson on May 5th, 2021
Firestone Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 209.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the semiconductor company’s stock after buying an additional 825 shares during the quarter. Firestone Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $144,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TSM. Sanders Capital LLC raised its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Sanders Capital LLC now owns 44,058,914 shares of the semiconductor company’s stock worth $5,179,530,000 after purchasing an additional 2,658,204 shares during the period. Bank of New York Mellon Corp boosted its stake in Taiwan Semiconductor Manufacturing by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 40,759,216 shares of the semiconductor company’s stock valued at $4,444,385,000 after purchasing an additional 1,195,001 shares during the period. WCM Investment Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. WCM Investment Management LLC now owns 33,404,614 shares of the semiconductor company’s stock worth $3,642,439,000 after purchasing an additional 1,055,240 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the fourth quarter. Fisher Asset Management LLC now owns 27,640,127 shares of the semiconductor company’s stock worth $3,013,880,000 after acquiring an additional 130,578 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $2,638,091,000. 18.27% of the stock is owned by hedge funds and other institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
Several brokerages have recently commented on TSM. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price objective for the company in a research report on Tuesday, January 12th. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, April 17th. Susquehanna reiterated a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Atlantic Securities initiated coverage on Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating for the company. Finally, Susquehanna Bancshares reiterated a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, January 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $110.60. Shares of NYSE TSM traded up $0.62 during mid-day trading on Wednesday, hitting $115.98. The company had a trading volume of 86,856 shares, compared to its average volume of 12,734,771. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $49.38 and a 1-year high of $142.20. The business’s 50-day simple moving average is $118.48 and its 200 day simple moving average is $112.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. The company has a market capitalization of $601.48 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 15th. Shareholders of record on Friday, June 18th will be given a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.00%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.
Read More: How a Put Option Works
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter .

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

MediaIntel.Asia

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Posted by Frank Smitson on May 5th, 2021
Firestone Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 209.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the semiconductor company’s stock after buying an additional 825 shares during the quarter. Firestone Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $144,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TSM. Sanders Capital LLC raised its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Sanders Capital LLC now owns 44,058,914 shares of the semiconductor company’s stock worth $5,179,530,000 after purchasing an additional 2,658,204 shares during the period. Bank of New York Mellon Corp boosted its stake in Taiwan Semiconductor Manufacturing by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 40,759,216 shares of the semiconductor company’s stock valued at $4,444,385,000 after purchasing an additional 1,195,001 shares during the period. WCM Investment Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. WCM Investment Management LLC now owns 33,404,614 shares of the semiconductor company’s stock worth $3,642,439,000 after purchasing an additional 1,055,240 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the fourth quarter. Fisher Asset Management LLC now owns 27,640,127 shares of the semiconductor company’s stock worth $3,013,880,000 after acquiring an additional 130,578 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $2,638,091,000. 18.27% of the stock is owned by hedge funds and other institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
Several brokerages have recently commented on TSM. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price objective for the company in a research report on Tuesday, January 12th. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, April 17th. Susquehanna reiterated a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Atlantic Securities initiated coverage on Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating for the company. Finally, Susquehanna Bancshares reiterated a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, January 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $110.60. Shares of NYSE TSM traded up $0.62 during mid-day trading on Wednesday, hitting $115.98. The company had a trading volume of 86,856 shares, compared to its average volume of 12,734,771. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $49.38 and a 1-year high of $142.20. The business’s 50-day simple moving average is $118.48 and its 200 day simple moving average is $112.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. The company has a market capitalization of $601.48 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 15th. Shareholders of record on Friday, June 18th will be given a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.00%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.
Read More: How a Put Option Works
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter .

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

MediaIntel.Asia

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Posted by Frank Smitson on May 5th, 2021
Firestone Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 209.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the semiconductor company’s stock after buying an additional 825 shares during the quarter. Firestone Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $144,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TSM. Sanders Capital LLC raised its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Sanders Capital LLC now owns 44,058,914 shares of the semiconductor company’s stock worth $5,179,530,000 after purchasing an additional 2,658,204 shares during the period. Bank of New York Mellon Corp boosted its stake in Taiwan Semiconductor Manufacturing by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 40,759,216 shares of the semiconductor company’s stock valued at $4,444,385,000 after purchasing an additional 1,195,001 shares during the period. WCM Investment Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. WCM Investment Management LLC now owns 33,404,614 shares of the semiconductor company’s stock worth $3,642,439,000 after purchasing an additional 1,055,240 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the fourth quarter. Fisher Asset Management LLC now owns 27,640,127 shares of the semiconductor company’s stock worth $3,013,880,000 after acquiring an additional 130,578 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $2,638,091,000. 18.27% of the stock is owned by hedge funds and other institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
Several brokerages have recently commented on TSM. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price objective for the company in a research report on Tuesday, January 12th. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, April 17th. Susquehanna reiterated a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Atlantic Securities initiated coverage on Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating for the company. Finally, Susquehanna Bancshares reiterated a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, January 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $110.60. Shares of NYSE TSM traded up $0.62 during mid-day trading on Wednesday, hitting $115.98. The company had a trading volume of 86,856 shares, compared to its average volume of 12,734,771. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $49.38 and a 1-year high of $142.20. The business’s 50-day simple moving average is $118.48 and its 200 day simple moving average is $112.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. The company has a market capitalization of $601.48 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 15th. Shareholders of record on Friday, June 18th will be given a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.00%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.
Read More: How a Put Option Works
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter .

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

MediaIntel.Asia

Firestone Capital Management Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Posted by Frank Smitson on May 5th, 2021
Firestone Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 209.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the semiconductor company’s stock after buying an additional 825 shares during the quarter. Firestone Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $144,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TSM. Sanders Capital LLC raised its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Sanders Capital LLC now owns 44,058,914 shares of the semiconductor company’s stock worth $5,179,530,000 after purchasing an additional 2,658,204 shares during the period. Bank of New York Mellon Corp boosted its stake in Taiwan Semiconductor Manufacturing by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 40,759,216 shares of the semiconductor company’s stock valued at $4,444,385,000 after purchasing an additional 1,195,001 shares during the period. WCM Investment Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. WCM Investment Management LLC now owns 33,404,614 shares of the semiconductor company’s stock worth $3,642,439,000 after purchasing an additional 1,055,240 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the fourth quarter. Fisher Asset Management LLC now owns 27,640,127 shares of the semiconductor company’s stock worth $3,013,880,000 after acquiring an additional 130,578 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $2,638,091,000. 18.27% of the stock is owned by hedge funds and other institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
Several brokerages have recently commented on TSM. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price objective for the company in a research report on Tuesday, January 12th. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, April 17th. Susquehanna reiterated a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Atlantic Securities initiated coverage on Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating for the company. Finally, Susquehanna Bancshares reiterated a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, January 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $110.60. Shares of NYSE TSM traded up $0.62 during mid-day trading on Wednesday, hitting $115.98. The company had a trading volume of 86,856 shares, compared to its average volume of 12,734,771. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $49.38 and a 1-year high of $142.20. The business’s 50-day simple moving average is $118.48 and its 200 day simple moving average is $112.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. The company has a market capitalization of $601.48 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 15th. Shareholders of record on Friday, June 18th will be given a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.00%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.
Read More: How a Put Option Works
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter .

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Amazon boss Jeff Bezos is reportedly building a 127-metre luxury yacht

MediaIntel.Asia

Jeff Bezos may soon be sailing the high seas in his very own mega-yacht. The Amazon CEO has commissioned a 127-metre custom yacht from the Dutch shipbuilder Oceanco, according to an excerpt from Brad Stone’s forthcoming book, Amazon Unbound , which was published in Bloomberg Businessweek on Wednesday. The three-mast ship is expected to be “one of the finest sailing yachts in existence,” but other details about the yacht are unknown, even among those in the exclusive luxury boat world, Stone reports. In addition to the mega-yacht, Bezos has reportedly commissioned a second, smaller, “support yacht” that will include its own helipad. Amazon’s Jeff Bezos to step down as CEO Bezos’ girlfriend, Lauren Sanchez, is a helicopter pilot and Stone reports that Bezos has taken flying lessons as well. A representative for Bezos did not immediately respond to Insider’s request for comment. While massive yachts are often an accessory of the mega-rich, Bezos, who is the richest person in the world with a fortune worth US$193 billion, hasn’t previously had a boat of his own. A viral photo in 2019 claimed Bezos was the owner of a US$400 million yacht known as the Flying Fox. Amazon denied that the ship belonged to Bezos. Regardless, Bezos does appear to have a fondness for yacht travel. Throughout the summer of 2019, he and Sanchez were spotted aboard a yacht belonging to entertainment mogul David Geffen, and then a yacht owned by fashion designer Diane von Furstenberg. Earlier this year, the couple was spotted aboard another yacht in Cabo San Lucas, Mexico. Bezos announced in February that he plans to step down as Amazon’s CEO in the third quarter of 2021 – Andy Jassy , the CEO of AWS, will take his place. Bezos said at the time that while he plans to stay involved in important initiatives at Amazon as its executive chairman, his goal is to spend more time on philanthropy – including the Bezos Earth Fund and his Day One Fund – as well as his two other major endeavours: The Washington Post , which he bought 2013, and his rocket company, Blue Origin. Read Business Insider’s story.

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

China Online Education Group (NYSE:COE) Short Interest Update

MediaIntel.Asia

China Online Education Group (NYSE:COE) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 42,300 shares, an increase of 23.7% from the March 31st total of 34,200 shares. Based on an average trading volume of 27,200 shares, the days-to-cover ratio is presently 1.6 days.
NYSE:COE traded down $0.40 during mid-day trading on Wednesday, reaching $20.00. 3,131 shares of the company’s stock were exchanged, compared to its average volume of 27,780. China Online Education Group has a one year low of $18.00 and a one year high of $31.00. The firm has a market capitalization of $431.52 million, a PE ratio of 27.40 and a beta of -0.85. The business’s fifty day simple moving average is $21.03 and its two-hundred day simple moving average is $24.28. Get China Online Education Group alerts:
China Online Education Group (NYSE:COE) last released its earnings results on Friday, March 5th. The company reported $0.21 EPS for the quarter. China Online Education Group had a net margin of 6.06% and a negative return on equity of 12.27%. The firm had revenue of $82.00 million for the quarter.
Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in China Online Education Group by 231.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,206 shares of the company’s stock valued at $33,000 after buying an additional 842 shares during the period. Morgan Stanley increased its holdings in China Online Education Group by 64.1% in the 3rd quarter. Morgan Stanley now owns 2,800 shares of the company’s stock valued at $53,000 after buying an additional 1,094 shares during the period. LPL Financial LLC bought a new position in China Online Education Group in the 4th quarter valued at about $209,000. Northern Trust Corp bought a new position in China Online Education Group in the 4th quarter valued at about $248,000. Finally, BlackRock Inc. acquired a new stake in shares of China Online Education Group in the 4th quarter valued at approximately $1,233,000.
About China Online Education Group
China Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China and the Philippines. The company operates online and mobile education platforms that enable students to take live interactive English lessons with international foreign teachers.
Featured Story: What is Depreciation? Receive News & Ratings for China Online Education Group analysts' ratings for China Online Education Group and related companies daily email newsletter . «

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

China expresses concern, regrets India keeping out Huawei, ZTE from 5G trials

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China expresses concern, regrets India keeping out Huawei, ZTE from 5G trials By Telegram
China has expressed concern and regret over the Indian government’s decision to bar the likes of Huawei and ZTE from participating in 5G trials, saying the move is unfair, discriminatory and harms the gear vendors’ “legitimate rights and interests”. “We noted relevant notification, and express concern and regret that Chinese telecommunications companies have not been permitted to conduct 5G trials with Indian Telecom Service Providers in India,” the Chinese embassy said in a statement on Wednesday.
The comment came a day after Huawei and ZTE were kept out of a list of applications approved by the government to participate in 5G trials, a clear signal that the two gear makers would not be a part of India’s 5G deployments as well. “Relevant Chinese companies have been operating in India for years, providing mass job opportunities and making contribution to India’s infrastructure construction in telecommunications,” the statement said.
“To exclude Chinese telecommunications companies from the trials will not only harm their legitimate rights and interests, but also hinder the improvement of the Indian business environment, which is not conducive to the innovation and development of related Indian industries,” it added. China hoped that India would do more to enhance mutual trust and cooperation between the two countries, and provide an open, fair, just, and non-discriminatory investment and business environment for market entities from all countries, including China, to operate and invest in India.
The Department of Telecommunication (DoT), on Tuesday, okayed applications of Bharti Airtel Ltd, Reliance Jio Infocomm Ltd ,
and MTNL to tie up with Ericsson, Nokia, Samsung and C-DOT for 5G trials. Initially in 2019, Airtel and Vodafone Idea had applied to partner with Huawei and ZTE in select circles. But following the Sino-India border tensions which erupted last year, telcos were asked to submit names of “priority vendor” partners. In that list, Airtel and Vodafone Idea went with European vendors.
Industry insiders said this was a way for the government to start the much-delayed trials without having to take an explicit decision on keeping Huawei and ZTE away amid border tensions with China. Reliance Jio, which currently works only with Samsung, has also applied to partner with Nokia and Ericsson besides the Korean company and also run trials on its own technology. Currently, both Airtel and Vodafone Idea source telecom equipment from both Huawei and ZTE.
But at least Airtel has been reducing its dependence on them by replacing the two with European vendors. By not allowing Huawei and ZTE to take part in the 5G trials, India has joined US and some of its allies in keeping the vendors out of 5G deployments, citing alleged cyber-snooping by the two companies on behalf of Beijing. Both Huawei and ZTE have denied any wrongdoing, saying there is no proof anywhere in the world to back up the allegations. SUPPORT US | TFY SPONSORED ARTICLES | BEST OFFERS Share

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

China expresses concern, regrets India keeping out Huawei, ZTE from 5G trials

MediaIntel.Asia

China expresses concern, regrets India keeping out Huawei, ZTE from 5G trials By Telegram
China has expressed concern and regret over the Indian government’s decision to bar the likes of Huawei and ZTE from participating in 5G trials, saying the move is unfair, discriminatory and harms the gear vendors’ “legitimate rights and interests”. “We noted relevant notification, and express concern and regret that Chinese telecommunications companies have not been permitted to conduct 5G trials with Indian Telecom Service Providers in India,” the Chinese embassy said in a statement on Wednesday.
The comment came a day after Huawei and ZTE were kept out of a list of applications approved by the government to participate in 5G trials, a clear signal that the two gear makers would not be a part of India’s 5G deployments as well. “Relevant Chinese companies have been operating in India for years, providing mass job opportunities and making contribution to India’s infrastructure construction in telecommunications,” the statement said.
“To exclude Chinese telecommunications companies from the trials will not only harm their legitimate rights and interests, but also hinder the improvement of the Indian business environment, which is not conducive to the innovation and development of related Indian industries,” it added. China hoped that India would do more to enhance mutual trust and cooperation between the two countries, and provide an open, fair, just, and non-discriminatory investment and business environment for market entities from all countries, including China, to operate and invest in India.
The Department of Telecommunication (DoT), on Tuesday, okayed applications of Bharti Airtel Ltd, Reliance Jio Infocomm Ltd ,
and MTNL to tie up with Ericsson, Nokia, Samsung and C-DOT for 5G trials. Initially in 2019, Airtel and Vodafone Idea had applied to partner with Huawei and ZTE in select circles. But following the Sino-India border tensions which erupted last year, telcos were asked to submit names of “priority vendor” partners. In that list, Airtel and Vodafone Idea went with European vendors.
Industry insiders said this was a way for the government to start the much-delayed trials without having to take an explicit decision on keeping Huawei and ZTE away amid border tensions with China. Reliance Jio, which currently works only with Samsung, has also applied to partner with Nokia and Ericsson besides the Korean company and also run trials on its own technology. Currently, both Airtel and Vodafone Idea source telecom equipment from both Huawei and ZTE.
But at least Airtel has been reducing its dependence on them by replacing the two with European vendors. By not allowing Huawei and ZTE to take part in the 5G trials, India has joined US and some of its allies in keeping the vendors out of 5G deployments, citing alleged cyber-snooping by the two companies on behalf of Beijing. Both Huawei and ZTE have denied any wrongdoing, saying there is no proof anywhere in the world to back up the allegations. SUPPORT US | TFY SPONSORED ARTICLES | BEST OFFERS Share

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.