according to Peng Bo compiled data, hedge funds in the third quarter of vip.com holdings compared with the previous quarter, a decrease of 17%. In addition, hedge funds are also reduced by Jingdong and Alibaba, respectively, 6% and 7%.

 

Photograph:

Getty Images

November 25th, according to Bloomberg, hedge fund holdings of the third quarter China large e-commerce company holdings, which vip.com suffered the heaviest sell-off.

according to Peng Bo compiled data, hedge funds in the third quarter of vip.com holdings compared with the previous quarter, a decrease of 17%. In addition, hedge funds are also reduced by Jingdong and Alibaba, respectively, 6% and 7%.

analysts also pointed out that many investors are taking advantage of the market since the financial crisis in 2008 the biggest decline amid a sell-off in shares to exit Chinese assets.

vip.com is also the United States listed Chinese shares in the recent volatility in the stock price of the largest stock. Since the company in the third quarter revenue forecast data released from weak after the stock plunged. Alibaba and Jingdong have rebounded from the lows of more than 30% this year.

Eastern time on the evening of November 13th, vip.com released results warning, which is also the first time since the company listed in 2012 released results warning. For this result, the capital market to slump to respond. After the announcement, vip.com shares fell 26.9% to close at $13.6, after a sudden plunge of 30%.

then, the evening of November 17th, vip.com officially released third quarter earnings, Wall Street had expected, vip.com third quarter revenue grew 71% to 74%, is expected to 9 billion 100 million yuan to 9 billion 300 million yuan. The actual revenue of 8 billion 600 million to $8 billion 700 million, an annual growth of between 61% and 63%. Due to the performance is not up to expectations, vip.com shares continued to slump.

since eleven, vip.com’s stock price decline has more than 50% in November 16th hit a new low of $12.02. Tiger sniffing the network in a "within 5 days of the market value of the evaporation of more than $2 billion 500 million is what vip.com will be dragged into the quagmire?" pointed out in the report, from the performance warning issued officially announced earnings, less than 5 days, vip.com shares appear cliff style slump, tumbled 35%, the market value of evaporation of more than $2 billion 500 million.

analysis of the report pointed out that the cause of vip.com’s stock price crash is: after the purchase of a piece of cake cut through flash purchase, vip.com tried to copy more success. In addition to continue to expand on the category, vip.com also try to buy in the model, open platform, overseas shopping and other services. These in essence there is a world of difference and flash purchase format, vip.com will gradually be dragged into the quagmire.

vip.com through flash purchase electricity supplier model in March 2012 in the United States listed on the New York stock exchange. Since the listing of the day, its model is not optimistic

Leave a Reply

Your email address will not be published. Required fields are marked *