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The Star
15-05-2025
- Sport
- The Star
Wang one shot clear of the pack in Beijing
BEIJING, May 15 (Xinhua) -- China's Wang Zixuan set the early pace at the Beijing Women's Challenge on Thursday as the 17-year-old, second-year pro carded a five-under 67 in the opening round for a one-shot lead in the capital. Playing under hot and sunny conditions at Beijing Orient Pearl Golf Club, Lin Qianhui, Lin Xin'en and Shi Yuli were equal second with Shandong amateur Li Menghan on 68 at the RMB500,000 tournament, the fifth leg of the CLPG Tour season. Wu Tianqi was two shots off the pace in sixth on 69 on a tight leaderboard where 10 players were three shots back on 70. Defending champion Ren Yijia, the 15-year-old amateur from Dalian, opened her title defence with a one-over 73. Wang, who started her early morning round from the back nine, took advantage of the soft conditions of the greens which were battered by rain and a hailstorm on Tuesday evening. Her bogey-free round included five birdies. "The most satisfying part today was definitely going bogey-free. A clean scorecard without any bogeys is important. It just looks and feels right," said the Beijing native, winner of the GolfJoy Women's Open in March. "The drainage here is excellent and the fairways are rolling nicely. I'm still getting good distance off the tee with my driver. I wasn't feeling 100 percent physically today. I missed a few birdie chances early in the round, but I made up for it by sinking two putts over 30 feet for birdie." Lin Xin'en, another early starter, carded five birdies and a lone bogey five at the 380-yard eighth hole, her 17th hole, after also beginning from the back nine. "After making the turn, I struggled a bit over the front nine (her back nine). I missed a few good birdie chances, but I was really pleased to sink an 18-footer for birdie on the eighth hole," said the 19-year-old, second-year pro, a student at Shenzhen University. "This course has hosted CLPGA events before, but never a high-level junior tournament. I've never had the chance to play here until now." For Lin Qianhui her bogey-free round was her first in a pro tournament. "The 68 is also one of my better scores on the CLPGA Tour," said the 20-year-old, a fourth-year pro from Beijing. "Having my coach as my caddie today really helped me avoid making silly mistakes. We'll keep this fantastic partnership going tomorrow." Li, who has top-five finishes in her last three CLPG Tour starts, continued to impress. Despite fighting a cold, she carded an eagle three from 10 feet at the 499-yard, par-five last to put herself in contention for her first win against a pro field. "My front nine was relatively steady today, but after making the turn I was clearly fatigued and made a mistake on one hole (the 382-yard 12th). It's also a pity that I missed several makeable putts," said the Weihai teenager, 122nd in World Amateur Golf Ranking. "On the final hole, I didn't overthink it - just went for it boldly and ended up making an eagle." Shi, another player looking for her first pro win, finished her late afternoon round strongly with four birdies over the last seven holes. "I drove the ball really well today with my driver, and made several crucial putts from around 20 feet," said the 23-year-old veteran who turned pro in 2018. "The greens here are pure. When you read the line correctly, those long putts tend to drop. That said, I still missed a few makeable short ones that I should've converted."
Yahoo
24-04-2025
- Business
- Yahoo
Xunlei Limited (XNET): Among the Tech Stocks That Are Up the Most So Far in 2025
We recently compiled a list of the Why These 15 Tech Stocks Are up the Most So Far in 2025. In this article, we are going to take a look at where Xunlei Limited (NASDAQ:XNET) stands against the other tech stocks. Most tech stocks haven't been doing well so far this year, but this isn't a problem that all tech stocks face. The technology sector is broad, and there are always some stocks that still do well regardless of the broader market environment. Many of these companies are leading the way in artificial intelligence, cloud computing, and cybersecurity. Their ability to adapt and launch new solutions has set them apart from the pack. For example, firms that reported robust growth in large customer contracts or unveiled breakthrough AI tools have seen their shares surge, even as industry giants have struggled with market volatility. It's worth looking into these winners if you're looking for opportunities in this market. For this article, I screened the best-performing tech stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An artfully detailed shot of a computer monitor displaying a streaming video from Xunlei Media Player, demonstrating the company's online media capabilities. Number of Hedge Fund Holders In Q4 2024: 4 Xunlei Limited (NASDAQ:XNET) is a leading technology company providing distributed cloud services in China with offerings spanning subscription services, cloud computing, and live-streaming. The stock is up significantly so far in 2025 due to the announcement of Xunlei's definitive agreement to acquire Shanghai Kuanghui Internet Technology Co., Ltd., the operator of Hupu, for RMB500 million. This is a move that could improve Xunlei Limited (NASDAQ:XNET)'s content ecosystem with premium sports content and a vibrant community. The acquisition is expected to be completed in the first half of 2025. Institutional investors have shown confidence in Xunlei, with 65.42% of total outstanding shares held by institutions such as Renaissance Technologies LLC, Dimensional Fund Advisors, and Morgan Stanley Investment Management. Xunlei Limited (NASDAQ:XNET) announced its fourth quarter and full year 2024 financial results, reporting total revenues of $84.3 million for Q4, up 9.3% year-over-year. The company saw particularly strong growth in its Live-streaming and other internet value-added services segment, which increased by 80.7% year-over-year to $27.2 million. XNET stock is up 80.90% year-to-date. Overall XNET ranks 5th on our list of the tech stocks that are up the most so far in 2025. While we acknowledge the potential of XNET as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than XNET but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
