Only product will hit a new high price of ultra Baidu

(NYSE: VIPS) rose for 3 consecutive trading days. Share price hit a new all-time high today (22), approaching 210 US dollars. The stock has surpassed Baidu (NASDAQ: BIDU) The concept of stocks. Last week, Vipshop shares once exceeded 200 US dollars, yesterday (21) to close at 204.20 US dollars for the first time stood firm at 200 US dollars high.

Currently, Vipshop has a market capitalization of US $ 11.539 billion, ranking the third in the Internet information industry in China. The first one is 69.1 billion U.S. dollars in Baidu and the second is 39 billion U.S. dollars in Jingdong (NASDAQ: JD). The price-earnings ratio is as high as 163.36.

Previously on May 15, the only product will be released as of March 31 2014 first quarter earnings, net revenue of 701.9 million US dollars, 310.7 million US dollars over the same period last year increased by 125.9%. Earnings per share of 0.63 US dollars, higher than analysts expected 0.48 US dollars; total revenue of 701.9 million US dollars, higher than analysts expected 6.5049 billion US dollars.

The only product in the second quarter of 2014 earnings report will be released on August 13, analysts on average expected earnings per share of 0.64 US dollars.