Taiwan Bans Xiaohongshu for One Year Amid $7.9M Fraud Losses
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 58 minutes ago0mins
- Fraud Risk Warning: Taiwan has announced a one-year ban on Xiaohongshu, linking the platform to approximately 1,700 fraud cases that resulted in over NT$247.7 million ($7.9 million) in financial losses, highlighting the high risk associated with online shopping on this platform.
- Cybersecurity Test Failures: Xiaohongshu failed all 15 indicators in cybersecurity tests conducted by the National Security Bureau, further demonstrating its inadequacies in protecting user information, which could lead to a decline in user trust.
- International Platform Response: Taiwan's interior ministry has urged international platforms like Google to cease publishing Xiaohongshu advertisements, aiming to reduce the platform's visibility and thereby lower potential fraud risks, which could impact its user growth and market penetration.
- Legal Jurisdiction Challenges: Due to Taiwan's lack of jurisdiction over Xiaohongshu's parent company, law enforcement agencies face significant difficulties in obtaining necessary information, which may weaken future efforts to combat cybercrime.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOOGL is 312.00 USD with a low forecast of 236.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
38 Analyst Rating
31 Buy
7 Hold
0 Sell
Strong Buy
Current: 319.630
Low
236.00
Averages
312.00
High
350.00
Current: 319.630
Low
236.00
Averages
312.00
High
350.00
Northland
analyst
Outperform
initiated
$85
2025-12-02
New
Reason
Northland
analyst
Price Target
$85
2025-12-02
New
initiated
Outperform
Reason
Northland initiated coverage of Synaptics (SYNA) with an Outperform rating and $85 price target. The company has a robust AI-enabled processor family and has partnered with Google (GOOGL) for Edge AI applications, notes the analyst, who calls Synaptics "a leader in the shift to Edge AI applications."
Wedbush
Dan Ives
Strong Buy
maintain
2025-11-26
Reason
Wedbush
Dan Ives
Price Target
2025-11-26
maintain
Strong Buy
Reason
Wedbush analyst Dan Ives views Nvidia (NVDA) as "the foundation for the AI Revolution," with "the Godfather of AI Jensen having the best perch and vantage point to discuss overall enterprise AI demand and appetite for Nvidia's AI chips looking forward." Google's (GOOGL) TPU chips along with its key partner Broadcom (AVGO) are gaining some clear momentum in the AI market, the firm notes. That said, the AI Revolution "starts and ends with Nvidia today," Wedbush argues, and that is not changing for another few years, in the firm's opinion. With the trillions set to be spent over the coming years, many Big Tech players will benefit besides Nvidia on the chip front, but that should not be mistaken for Nvidia being the indisputable "Rocky Balboa champion of the AI Revolution," Wedbush adds.
BofA
Neutral -> Buy
upgrade
$6,000
2025-11-24
Reason
BofA
Price Target
$6,000
2025-11-24
upgrade
Neutral -> Buy
Reason
As previously reported, BofA upgraded Booking Holdings (BKNG) to Buy from Neutral with an unchanged price target of $6,000. The firm believes concerns about disintermediation risks to Booking from Google (GOOGL) and OpenAI's Agentic tools are "overdone" and sees AI-related selloff in shares as one that creates a buying opportunity, the analyst tells investors. The firm thinks Booking is well positioned with suppliers with less than 10% large chain hotel exposure and can mitigate AI risks by leveraging proprietary user data, supplier relationships and Genius loyalty benefits to build competitive agentic AI capabilities, the analyst added.
Loop Capital
Rob Sanderson
Hold
to
Buy
upgrade
$260 -> $320
2025-11-18
Reason
Loop Capital
Rob Sanderson
Price Target
$260 -> $320
2025-11-18
upgrade
Hold
to
Buy
Reason
Loop Capital analyst Rob Sanderson upgraded Alphabet (GOOGL) to Buy from Hold with a price target of $320, up from $260. The firm its concerns regarding the sustainability of the company's search revenue growth under artificial intelligence cannibalization and transition risk is no longer a concern shared by investors. Google's search results "remain as healthy as ever" while traffic share to Gemini has doubled year-over-year, and the position of Google Cloud and size of opportunity for its proprietary artificial intelligence processors "is becoming better appreciated," the analyst tells investors in a research note. Loop upgraded Alphabet after significantly raising its growth outlook for Google Cloud.
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About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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