Xunlei Ltd (XNET) News

ABQQ The Netflix Of China Bought Majority Stake In Block Chain Company 30 Months Ago To Utilize With Their Video Streaming,Movie.Production, Subscription Site. ABQQ Was $20.00 @ Sits @ .17 Cents. Insiders Are Buying Shares On Open Mkt. Low Float, Low Mkt Cap, Fully Reporting OTC Stock (Not Pink) And Nobody Knows About Their Block Chain That They Will Use In Their Netflix Of China. Netflix Is Barred In China! China Has #4 Times Population Of U.S. https://rocketreach.co/icrowdu-inc-profile_b44609effafcac42

* * $XNET Video Chart 01-07-2021 * *

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* * $XNET Video Chart 12-01-2020 * *

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News: $XNET 3 Penny Stocks To Watch With Unusual Volume In August 2020

These Penny Stocks Are Experiencing Unusually High Volume In August Penny stocks are in focus this month. What began with a few small-cap breakouts last week has sparked a surge of interest in penny stocks this month. The main idea behind trading penny stocks is to leverage small sums of mon...

Find out more XNET - 3 Penny Stocks To Watch With Unusual Volume In August 2020

* * $XNET Video Chart 08-03-2020 * *

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* * $XNET Video Chart 01-16-2020 * *

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* * $XNET Video Chart 12-30-2019 * *

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$5.27 nice

$XNET short squeeze Xunlei Limited Nasdaq Xnet Short Squeeze

* * $XNET Video Chart 11-19-19 * *

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Yep it will most likely sit around the 5 until the Blockchain gets going and profitable. Very good long term investment.

Gonna need huge news now

My puts saved by the terrible ER. How low will it go before eod friday? Mid 3?

Successfully registered Blockchain with the Chinese Government. The loss in 3rd quarter was mainly due to a one time equity write-off . XNET forecasts an increase of revenue to $45 -$50 Million in the 4th quarter this year.

Remember what brought on the increase in share price a couple months ago was Blockchain. Some were saying XNET and Blockchain would not happen. Well yes Blockchain is happening!

$10-$12 Friday please stock gods lol

Depends on the news tomorrow. If XNET reports good info we will be running up strong.

How do you see this playing our price wise? Looking at the old run and chart $14 seems like the next stop, 1-3 weeks away

$25 by mid December would be nice :)

Looks like we are going back up now for the afternoon. Getting ready for the lift from the CC. Your $10 call would be awesome.

Volume has trickled to nothing. Perfect setup for $10 push

Right, I have some December calls, hoping to see a spike up to the $8-10 mark very soon.

The cc is on Thursday premarket. They should give a indepth view of how Blockchain will work for XNET.

By when?

Good day today and more to follow with XNET!

Sure could be as each time the stock drops it goes back up higher. Looking forward to the update on Thursday am.

Seems like they are prepping it for a big run with this consolidation.

Agreed That would be awesome. What are your thoughts?

Most likely nothing being said next week until the CC. Looking forward to good news from the CC. XNET has China and XI on their side.

What do you expect from the news, next week Thursday?

it would be awesome, if before the conference a big news would come out, for example. A contract or participation of the Chinese or whatever big news.

I hope the next week will be much better than Friday

As always looking forward to next week. XNET is a very good investment Especially with the support of Xi for blockchain. Great time to add more shares before the earnings call this week.

XNET and BLOCKCHAIN SERVICES are on a Roll!!!
Remember bitcoin? Well, it's still around, and found itself in the spotlight on Friday, after Chinese President Xi Jinping reportedly endorsed blockchain technology and called for greater advancement into the field. In fact, searches for "blockchain" on China's Baidu skyrocketed by more than 40 times in just two days, according to The Wall Street Journal. This sent shares of Xunlei Ltd (NASDAQ:XNET) -- which offers blockchain-related services -- up 103.4% on Friday, and up 26.6% today to trade at $6.10. Amidst this breakout, XNET options traders aren't missing out.
https://finance.yahoo.com/amphtml/news/blockchain-stock-pops-options-traders-181403068.html

They make no rev on blockchain and there are numerous companies way ahead of xnet in blockchain. The 100M pr was just a pump piece to throw the blockchain buzzword out there at the right time.
Has had a good run though. Cant deny that.
Volume is dropping while price is rising which is interesting as well

Why did XNET take off to Higher Green? XI supports Blockchain and XNet is moving in the right direction.

Xunlei Limited to set up $100 million fund to invest in blockchain technology

SHENZHEN,CHINA / ACCESSWIRE / October 30, 2019 /Xunlei Limited ("Xunlei" or the "Company") (XNET), a leading innovator in shared cloud computing and blockchain technology, today shared that the company is in the preliminary stage of planning to establish an independently operated private equity fund to invest in blockchain technology.

Benzinga 100% Bullish on XNET. Barchart strong buy !! Keep on rolling GREEN !

Green day again and should continue through to the earnings call next week. Good job XNET!

That would be awesome if they get acute and continue to get positive numbers and think what, they can make the company for a profit ?

thx

Oh, by the way, I really did not find the reason why it suddenly went down yesterday after hours.

That would be epic, in any case, this stock is very interesting now and should continue to rise and rise.

CHART looks awesome / Could explode up now and the next few days....If there is a contract from the Chinese government now and the numbers should be very good, then there is really a run up to $ 25 or higher....

imo

great here : https://www.stockscores.com/charts/charts/?ticker=Xnet

Heading up to another $25 run. Most likely much higher due to China’s Govt support.

Do you have a deal soon, maybe next week ?

how else can you explain the increase, the increase now starts !

https://old.nasdaq.com/symbol/xnet/real-time


$$$ XNET IS READY TO EXPLODE $$$$

imo

Xunlei Limited (Xnet) posted good 2nd Qtr results. 3rd Qtr report coming Nov 14th. Should continue to provide good results.

Second Quarter 2019 Financial Highlights:

Total revenues were US$47.8 million, representing an increase of 15.7% from the previous quarter.

Cloud computing and other internet value-added services revenues (“Cloud computing and other IVAS”) were US$22.5 million, representing an increase of 40.6% from the previous quarter. The revenues from cloud computing and other IVAS mainly consist of StellarCloud’s IaaS revenues, cloud product revenues and live streaming revenues. The increase was mainly due to increased demand for our shared cloud computing products and services, and enhanced seasonal marketing activities for our live streaming platform during the quarter.

Subscription revenues were US$21.4 million, representing an increase of 0.9% from the previous quarter.

Online advertising revenues (consisting primarily of revenues from mobile advertising) were US$3.9 million, representing a decrease of 5.4% from the previous quarter.

Gross profit was US$22.3 million, representing an increase of 5.5% from the previous quarter. Gross margin was 46.7% in the second quarter of 2019, compared with 51.2% in the previous quarter.

Net loss was US$2.0 million in the second quarter of 2019, compared with a net loss of US$8.6 million in the previous quarter.

Diluted loss per ADS was US$0.03 as compared with a diluted loss of US$0.13 in the previous quarter.


https://xunleilimited.gcs-web.com/news-releases/news-release-details/xunlei-announces-unaudited-financial-results-second-quarter-3

Huayang Lianzhong joins Xunlei Chain to launch the "Magellan" platform to activate user value growth
On November 1st, the leading digital marketing service provider Huayang Lianzhong and the high-performance blockchain platform Xunlei chain officially released the first new user value realization platform based on blockchain technology in Beijing--Consumer Value Platform ). Based on the innovative technology of Thunderbolt and Huayang Lianzhong's deep insight into the digital marketing industry, Magellan has innovatively combined the open, transparent and non-tamperable features of the blockchain with the digital marketing industry to support the powerful performance of hundreds of millions of users. It is expected to reshape the user value ecology.



Photo session at the press conference

Huayang Lianzhong Founder & Chairman Su Tong, Xunlei Senior Vice President & Network Technology CTO Sun Xiaobin, Multipoint Dmall Vice President Tian Hao, Cat Eye Vice President Bai Wenjuan, Huayang Lianzhong CTO Zhang Jun, Huayang Lianzhong Chief Press Officer Pan Jianxin and others attended the launching ceremony. According to reports, the first batch of access to Magellan platform are Anta, multi-point Dmall, cat's eye and other well-known enterprises. After integration with various brand member systems, the platform will gradually open registration for consumers in the near future.

Strong alliance to reshape the digital marketing industry

Deeply cultivating the digital marketing industry for many years, Huayang Lianzhong is keenly aware of the open and transparent nature of blockchain technology, which can help the marketing industry to solve the problem of conversion from “incremental market” to “stock market”. Therefore, as early as 2018, Huayang Lianzhong began to study the combination of blockchain technology and digital marketing with Xunlei Chain, hoping to complete the operation transformation from “new user growth” marketing to “user value growth” through Magellan. Both users and users benefit. For brand owners, Magellan is a private domain user management and operation platform. After access, it can achieve multi-touch connection with users through unified and universal point redemption and preferential system, which stimulates user stickiness, quantifies user value and reduces customer acquisition. Cost, which enhances sustainable profitability; for users, they can enjoy one-stop point redemption and value-added experience, and in the decentralized social marketing mechanism, people have the opportunity to become brand ambassadors and realize the realization of consumer value .



Huayang Lianzhong Founder & Chairman Su Tong

In this process, on the one hand, the blockchain technology provides a trust mechanism, which can efficiently record and store the data generated by the points, exchange and circulation, so that the process of point acquisition and exchange can be efficiently traced, and the authenticity of the data in the Magellan platform is guaranteed. And reliability, truly settle and pay by effect, reducing the waste of advertisers.

On the other hand, blockchain technology also solves the problem of user incentives in advertising marketing. Using the blockchain technology, the “Magellan” platform also realizes the integral of the points within the alliance system while ensuring the security of the points data, thereby using the point mechanism to motivate users, so that users can bring returns from traffic and data sharing.



Xunlei Senior Vice President & Network Technology CTO Sun Xiaobin

Performance, safety and service are the main reasons for "hand in hand"

Like Magellan, it has combined the marketing platforms of Huayang Lianzhong, Anta, Dmall, Cat Eye and other heavyweight enterprises. The daily average processing data volume is very large, ranging from several hundred million to many billions, and these data are in the process of transmission. It is often necessary to confirm instantaneously. Dr. Zhang Jun, CTO of Huayang Lianzhong, said, “Huayang Lianzhong pays great attention to performance issues when seeking blockchain technology partners. If the traditional public chain is a single lane, then the technology of Thunderbolt is equivalent to a two-way eight-lane highway. This powerful technology with efficiency and reliability is the most fundamental reason why Huayang Lianzhong chooses the Thunderbolt chain."

The powerful performance of the Thunderbolt chain stems from its many innovations in the core technology of the blockchain. The first is the number of processing per second. Xunlei Chain has developed the isomorphic multi-chain framework technology to achieve a million times per second processing capability, far ahead of other main chain platforms. At the same time, its DPoA+PBFT consensus algorithm can meet the data requirements of instant completion and second-level confirmation, ensuring the efficiency and reliability of the “Magellan” platform.

Agreed The last paragraph is awesome. When China gives the blockchain deal to Xnet all of us buying now will be highly rewarded.

nice LINK : "...Penny Stocks To Watch #2 Xunlei (XNET)
blockchain penny stocks to watch
On the other hand, Xunlei Ltd (XNET Stock Report) stock was on a tear on Wednesday. It rose by as much as 107% after particularly positive development surfaced. Xunlei is one of the biggest blockchain technology companies in China and its stock jumped after Chinese President Xi Jinping endorsed the usage of blockchain tech.
On Friday, investors piled on to the stock as they felt that if China adopts blockchain tech then it will be Xunlei which will end up being one of the biggest beneficiaries. The stock is definitely one to watch over the coming days...."

sounds fantastic

sounds good

XNET strong buy at Barchart!

* * $XNET Video Chart 11-01-2019 * *

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XNET let`S GOOOOOOOOOOOOOOOOOO

XNET boooom https://old.nasdaq.com/symbol/xnet/real-time

* * $XNET Video Chart 10-31-2019 * *

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