Is VIPs listed in Hong Kong?

Is VIPs listed in Hong Kong?

HONG KONG, Jan 14 (Reuters) – Chinese online discount retailer Vipshop Holdings Ltd VIPS. N has mandated three investment banks to carry out a secondary listing in Hong Kong in the second half of 2021, according to two sources with direct knowledge of the matter.

How does vipshop make money?

Vipshop Stock Analysis – The Business Model. Vipshop Holdings is an online discount retailer for brands in China where the company sells products through flash sales on its vipshop.com, vip.com and lefeng.com websites. As the Chinese discount retail market is not developed, Vipshop is there to do the job online.

Why is vipshop stock dropping?

Vipshop Holdings (VIPS) reported fourth-quarter results early Wednesday that beat on earnings but missed analyst estimates on revenue. VIPS stock plunged.

What is Vipshop’s (VIP) stock price potential in the next year?

Their forecasts range from $10.00 to $52.00. On average, they expect Vipshop’s stock price to reach $21.30 in the next year. This suggests a possible upside of 141.5% from the stock’s current price. View analysts’ price targets for Vipshop or view top-rated stocks among Wall Street analysts.

Is Vipshop stock a 10 for 1 split?

Shopify (SHOP) has announced a 10-for-1 stock split effective on June 29. This might temporarily affect the price and key data displayed on this page. Vipshop Holdings Ltd (spons. ADRs) Stock , VIPS Is Vipshop Holdings stock a Buy, Sell or Hold? Vipshop Holdings stock has received a consensus rating of hold.

What brokerages does Vipshop use?

Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Vipshop’s stock price today? One share of VIPS stock can currently be purchased for approximately $8.82. How much money does Vipshop make?

What does a hold rating mean for Vipshop shares?

A hold rating indicates that analysts believe investors should maintain any existing positions they have in VIPS, but not buy additional shares or sell existing shares. View analyst ratings for Vipshop or view top-rated stocks.