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Farfetch (NYSE:FTCH) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Farfetch (NYSE:FTCH – Get Rating) in a research report released on Thursday morning, The Fly reports. The brokerage issued a buy rating and a $25.00 target price on the stock. FTCH has been the subject of a number of other research reports. Societe Generale raised shares of […]

Relentless selling hits Chinese stocks

Chinese stocks yesterday experienced another deep sell-off as concerns over the country’s ties with Russia and persistent regulatory pressure sent shares on a downward spiral. The Hang Seng China Enterprises Index sank as much as 7.7 percent, following a plunge in the previous session that was the biggest since the 2008-2009 global financial crisis. Tech giants Alibaba Group Holding Ltd (阿里巴巴) and Tencent Holdings Ltd (騰訊) led the decline, as the benchmark index slumped 6.6 percent to close at a decade low. China’s equities are looking increasingly risky on concerns that Beijing’s potential overture toward Russia could bring sanctions. That is adding

China Renaissance Announces Positive Profit Update

/PRNewswire/ China Renaissance Holdings Limited ("China Renaissance" or the "Company"; stock code: 1911.HK) announced today that, based on the preliminary.

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