Actionable news
0
All posts from Actionable news
Actionable news in VIPS: VIPSHOP HOLDINGS LIMITED,

Vipshop (VIPS) Stock Up as China Markets Rally

NEW YORK (TheStreet) -- Shares of Vipshop Holdings (VIPS - Get Report) are higher by 0.77% to $14.40 in early afternoon trading Wednesday, as the pop in China's markets helps some U.S. traded China-based stocks climb today.

Vipshop is a Guangzhou-based holding company that operates as an online discount retailer for brands in China.

China's overseas exports in March grew by 11.5% from a year earlier in dollar terms, Bloomberg reports. This compares to a decline of 25% in February. The data added to signs that China's economy is rebounding.

Back by Popular Demand…“Confessions of a Street Addict” Get a FREE signed copy of Jim Cramer’s national best-seller when you gain access to his multi-million dollar...


More