iShares MSCI China
Why China Is a Good Opportunity for the Mobile Payment Market
Third-party mobile payment services in China registered a total transaction volume of ~$197 billion in 2013—an increase of 707% on a YoY basis.
PayPal Inspired By Chinese Payment Apps
Facilitating payments isn’t enough At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal (PYPL) chief financial officer John Rainey stated that the company aims to become an everyday part of customers’ financial lives. To insert itself into customers’ routines, PayPal acknowledges that it cannot limit itself to its roots of facilitating payments for […]
China’s Foreign Reserves Rise in June: Here’s Why
China’s foreign reserves rose by $13.5 billion in June to $3.2 trillion. June’s increase was the largest in 14 months.
Alphabet Tapped Technology That Could Lead to Better Smartphones
Google could use Redux’s technology to develop better smartphones to bolster its competition in the global smartphone market where it trails Apple and Samsung.
China’s Credit Growth Metrics Also Worsen in April
China’s credit growth clearly has been weaker than expected, especially given the recent easing measures adopted by the government.
Lattice Semiconductor’s Earnings Hit by Weaker Smartphone Sales
On a non-GAAP (generally accepted accounting principles) basis, Lattice Semiconductor’s revenue fell 8% quarter-over-quarter to $101.3 million in fiscal 4Q15.
China’s Industrial Production Rises: Is Investor Confidence Back?
On a year-over-year basis, China’s industrial production increased to 6.0% in May 2016. That’s the same pace as April.
Why Did Sugar Prices Fall for the Third Consecutive Day?
Sugar prices for March futures contracts were trading near the key support of $14 per pound on January 26. Prices fell for the third consecutive trading day.
Insight into China’s Manufacturing PMI in December 2017
China’s manufacturing PMI stood at 51.6 in December compared to 51.8 in November 2017, which was in line with the market’s expectation of 51.6.
China’s PMI confirms severe Asian weakness (Part 1)
China’s July PMI was more than a disappointment—it was a confirmation of weakness Across the board, all items within China’s (FXI) Manufacturing PMI (Purchasing Managers Index) were down. The 47.7 value was the third decreasing consecutive value below the 50 point neutral line. Production and demand contracting Output contracted for the second month in a […]
How Offshore Expansion Is Testing Facebook
With the exception of China (MCHI) and North Korea, Facebook’s (FB) social media services are available worldwide, giving the company a global subscriber base of ~2.0 billion users.
Goldman Sachs: Where Could the Chinese Yuan Head in 2017?
After Donald Trump’s US election win, the Chinese yuan fell 1.6% against the US dollar (UUP) (USDU) (UDN) between November 9 and November 22, 2016.
What Does the Rise of Iron Ore Port Inventories Mean for Miners?
Players involved in the seaborne iron ore trade include BHP Billiton (BHP) (BBL), Rio Tinto (RIO), Vale (VALE), and Cliffs Natural Resources (CLF).
Trade War Is Still Fund Managers’ Top Concern
In the BAML (Bank of America Merrill Lynch) December 2018 survey, trade war concerns were again named as the top concern among global fund managers.
Nikkei 225 Drags Asian Markets Down, Falling 3.1%
Major Asian markets (AAXJ) were trading lower on May 2, 2016, after negative sentiments from the previous week continued.
Chinese Steel Production: Will We See Curtailments This Year?
Previously in this series, we looked at China’s steel demand indicators. It’s also important for investors to look at the supply side of the equation.
When Could AMD’s Losses Turn to Profit?
AMD slips back to losses in fiscal 1Q17 Advanced Micro Devices (AMD) reported a 1% sequential revenue decline and its gross margin expanded between fiscal 1Q16 and fiscal 1Q17. However, the company slipped back to operating losses in fiscal 1Q17 after reporting operating profits in fiscal 4Q16. AMD’s profits are largely driven by volume sales, […]
Why Analysts Expect Tesla’s Profit to Decline Further in Q1 2019
As of January 31, Wall Street analysts’ estimates compiled by Reuters suggested that Tesla’s adjusted EPS could be $1.04 in the first quarter this year.
Putting Apple’s $1 Billion Content Budget into Perspective
Services contributed 16% of revenue Apple (AAPL) generated $24 billion from its Services business in fiscal 2016, and aims to double the revenue in four years. In fiscal 3Q17, Apple’s Services division contributed $7.3 billion in revenue, up 22% from a year earlier, and making up 16.1% of the quarter’s total revenue. Apple’s Services business consists of offerings […]
How Asset Divestment Affected NXP Semiconductors’ Performance
In 3Q17, NXP reported revenues of about $2.4 billion, implying a decrease of 3.0% year-over-year.
Alibaba Raises Stakes for Zynga in India
As Zynga (ZNGA) prepares to report its 4Q17 results, Alibaba (BABA) and India (INDA) are in the minds of many investors who have followed recent developments.
Growing Conflict in the Middle East Pushes Crude Oil to New Lows
Growing conflict in the Middle East between Saudi Arabia and Iran, the major oil-producing countries of OPEC, has become a threat for crude oil prices.
China’s Industrial Profits Accelerate in June
According to the National Bureau of Statistics, China’s industrial profits for firms above a designated size rose by 5.1% year-over-year to 616.3 billion yuan ($92.4 billion) in June.
Slower Growth Has a Silver Lining!
Slower growth has a silver lining: the potential for greater monetary and fiscal stimulus.
China’s Retail Sales Improved in December: What Does It Mean?
On a year-over-year basis, China’s retail sales showed strong recovery in December 2016.
Why Alibaba’s Earnings Keep Rising
Alibaba’s earnings have risen consistently YoY for the past five quarters, with adjusted EPS moving from $0.79 in fiscal 2Q17 to $1.29 in fiscal 2Q18.
Why a Chinese Market Slump Won’t Affect the Economy
The Chinese market slump is not likely to dampen consumer spending or affect the economy. Stocks make up a mere 15% of Chinese household financial assets.
Why China’s Manufacturing PMI Fell in October 2017
The October China manufacturing PMI (purchasing managers’ index) report indicates a fall in manufacturing activity in October as compared to September 2017.
Sugar Prices Fall for the 4th Day in a Row
Sugar prices continued their sharp downward movement on January 27, 2016, and breached the key support level of $14 per pound.
Baidu’s Revenue Growth Drivers for Fiscal 3Q16
When Baidu revealed its financials for fiscal 3Q15, the market reaction was positive, with the company’s stock price rising by 10% in after-hours trading.
Why Are Analysts Still Positive on Netflix despite Competition?
Out of the 43 analysts covering Netflix (NFLX), 26 analysts have given it a “buy.”
Why Analysts Have Mixed Views on Iron Ore Prices
Goldman Sachs (GS) is notably still quite bearish on iron ore. The bank cited the recent string of shipment data from Australia to support its view.
Uxin: Analysts See 138% Upside Potential after Q4 Results
As of March 14, Uxin (UXIN) was trading with 17.8% month-to-date losses.
Could Tencent Be Enough for Snap?
Snap recently disclosed in a securities filing that Tencent had purchased 145.8 million of its shares—equivalent to a 12% equity stake in the company.
How an Aging Population Could Affect Your Portfolio
One of the big-picture shifts currently taking place is aging populations, especially in developed nations. Populations are rapidly aging in most developed countries.
Chinese Steel Demand Doesn’t Look Good for Dry Bulkers in 2016
In this part of our series, we’ll explore how steel demand from the construction, machinery, and infrastructure sectors could shape up in 2016.
Why Marc Faber Increased His Position in China
Marc Faber said in the interview that he is becoming more positive about emerging markets and particularly China, in which he has increased his position.
Why India Looks Like an Attractive Emerging Market
Timothy Moe, chief equity strategist for the Asia-Pacific region at Goldman Sachs (GS), believes that the long-term prospects for India are the best among the emerging markets.
The Impact of China’s DRAM Price Probe on Micron Technology
Lower DRAM prices would reduce Micron’s earnings, but the intensity of the decline could be less than in previous cycles.
Will Higher Prices Hamper iPhone X Sales?
Apple’s iPhone X not only carries the same price in dollars as it does in British pounds but also represents the most expensive iPhone ever.
Are There Parallels in China’s Stock Market Bubbles?
The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.
Can Under Armour’s Growth Model Cope With These Threats?
Key threats to the company include higher labor costs and greater regulation. After the Bangladesh factory tragedy, stricter regulations can be expected.
Why Jim Chanos Thinks Apple Is an Ultimate Value Stock
Jim Chanos said that he is long on Apple (AAPL) because he thinks Apple is a value stock and trading at a cheaper valuation.
Which Fund Strategy Rose Steeply Despite Market Uncertainty?
In June 2016, volatility spiked in global markets (VXUS) (VTI). Many fund strategies outperformed the global market with heightened market volatility.
Micron Stock Fell Due to Temporary Sales Ban in China
The semiconductors industry is cautious amid rising trade tensions between the US and China.
Why Intel Has Lowered Its Fiscal 2016 Guidance
Intel has lowered its fiscal 2016 gross margin guidance from 63% to 62% due to lower platform volumes.
ArcelorMittal’s Key Risks in 2H15: Investor Must-Knows
ArcelorMittal faces certain macro risks. We’ll discuss these risks in this part of our series.
Strong Economy and a Rate Cut: Can Trump Have It Both Ways?
Today, President Donald Trump told reporters, “Our country’s doing unbelievably well economically.”
What’s Been Slowing Down Qualcomm’s Revenue Growth?
Qualcomm’s share in the smartphone processor market fell from 52% in 2014 to 45% in 2015. MediaTek’s share rose from 14% to 19% during that time.
Why Did Fitbit Stock Fall 6.90% on Friday?
Fitbit (FIT) stock closed down at $6.07 on July 20. The 6.90% fall in the stock price was due to the ongoing tariff war between the US and China.
Growth Picks in ADI’s Communications Infrastructure Segment
In fiscal 3Q16, ADI’s Communications Infrastructure revenue grew by 22.4% YoY to $174.1 million, accounting for 20% of the company’s overall revenue.
How APAC Compares with Alphabet’s Other Regions
The US is Alphabet’s top region by revenues with over $12.9 billion in revenues from the US in 3Q17.
Chinese inflation not a concern, leaving room for very needed stimulus
China has been lucky versus the other BRICs with regards to inflation and the uptick in April is not relevant. Inflation, as measured by the consumer price index, is a key indicator of health in an economy. When inflation increases too fast, economic growth is choked and slows down either by reduced consumer spending or […]
How China’s Manufacturing and Auto Industry Are Impacting Crude Tankers
In May 2017, the Markit China Manufacturing PMI was 51.2 (MCHI)—similar to the previous month.
Alphabet’s Waymo Preparing Insurance Coverage for Riders
Alphabet’s (GOOGL) Waymo inked a deal with usage-based insurance provider Trov to provide coverage for users of its upcoming ride-hailing service. Waymo is on track to launch a ride-hailing service using self-driving vans.
What’s on the Horizon in the Escalating US–China Trade War?
While there were renewed hopes of trade talks between the US and China, Trump’s September 13 tweet downplayed the need for a trade deal.
Analyzing Nokia’s China Patent Licensing Opportunity
The tripartite deal earlier this year with Xiaomi could mark a favorable turning point for Nokia (NOK) in the monetization of its mobile technologies (QQQ).
Does Graphics Units’ Price Decline Mark the Crypto Boom’s End?
On April 3, Bitmain, a Chinese (MCHI) specialized ASIC manufacturer, announced its new Antminer E3 ASIC for Ethereum mining.
Should Investors Worry about China’s DRAM Price-Fixing Probe?
The DRAM market is already facing a tight supply, and price controls by China might encourage suppliers to prioritize shipments to other countries.
Why Apple Is Steeply Discounting iPhone Batteries
After Apple (AAPL) owned up to slowing older iPhones, although not maliciously, the company didn’t just issue an apology.
Alibaba to Open Its First Cloud Data Center in India
Amazon plans to spend $5.0 billion to build its business in India.
Qualcomm Set to Face Competition in the 5G Space
If Qualcomm (QCOM) loses its chance to acquire NXP Semiconductors, its strategy to grow beyond smartphones into embedded and automotive could take the back seat, and it may be pressured to settle its licensing disputes with Apple.
What Are Alibaba and Ford up To?
Alibaba and US-based vehicle manufacturer Ford have inked a deal that would see them cooperate in areas including retail and cloud computing.
Key for Investors: 5 Issues Are Choking Real Growth in China
We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.
Mobile: A Crucial Driver for Alibaba’s Positive 2Q16 Results
Out of the total GMV (gross merchandise volume), mobile accounted for 62% of Alibaba’s GMV for fiscal 2Q16. In comparison, mobile GMV accounted for 36% of total GMV in 2Q15.
Eyes on Quality of Alibaba’s Top-Line Growth
In Alibaba’s (BABA) upcoming fiscal 2Q18 report, investor attention will probably be focused not only on its top-line figure but also on the quality of its top-line growth.
Inside Intel’s Lacklustre Q1 Revenue Forecast
Chip maker Intel (INTC) reported lower-than-expected fourth-quarter revenue after the trading bell on January 24.
How Did China’s Car Sales Turn Out in February?
After outstanding auto sales in January, China’s auto sales took a dive in February. In February, the total sales recorded came in at 1.6 million, which was down 0.86% YoY (year-over-year) and down 36% from the previous month.
Key Takeaways for Investors from Alibaba’s 4Q14 Results
Investors were disappointed with Alibaba’s 4Q14 results, and the company saw a 10% decline in its value the day it announced its earnings.
The Impact of a US–China Trade War on Intel
The trade war between the United States and China revolves around the supremacy of 5G technology, which is expected to form the basis for the data economy.
Trump Hits at China, Causes Havoc in Asia
President Trump tweeted that the duty on $200 billion worth of Chinese goods will increase by 15 percentage points from 10% to 25%.
Why Apple Opposes the Proposed Tariffs on Chinese Imports
Apple (AAPL) expects to face political and regulatory challenges in 2018 due to the US–China trade war and lawsuits with suppliers.
China’s auto sales post strong increase, short-lived spike?
Amidst a wave of disappointing data from China, the jump in car sales seems promising, but it is likely to be unsustainable Car sales are a strong indicator of the health of consumer spending in a country. Durable goods, such as cars, are generally “big ticket” items that last more than three years. Given their […]
What are the implications of Taiwan-China unification?
The people of Taiwan fear that political unification with China could have grave consequences for their economy.
Is Google Still Working on Censored Search in China?
Alphabet’s (GOOGL) Google is again facing criticism over its controversial search engine in China (MCHI) (FXI).
How Soft DRAM and NAND Pricing Could Hurt Micron’s Profits
Micron (MU) manufactures DRAM (dynamic random-access memory) and NAND (negative AND) memory chips, which are used as the main memory in computers and as storage in mobile devices.
Why NIO Stock Tanked after Its Q4 2018 Earnings Release
In this series, we’ll take a look at the key highlights of NIO’s fourth-quarter earnings release.
Disney’s Extraordinary Achievement
Walt Disney (DIS) made a $5.5 billion bet on a Mainland China (MCHI)(FXI) theme park—its largest foreign investment.
Major Movers of the Financial Markets in the Past 20 Years: Part 2
The global financial crisis of 2008 proved to be the major mover of the financial markets in the last 20 years. Internet companies and the banking sector took a beating.
Macro Factors to Look for When Investing in China
China’s shifting its focus from a manufacturing-based economy to a consumer-based economy. It’s expected to do well in the long run.
Asian Indexes Were Subdued Except for Oceania Markets
Major Asian markets were trading lower on April 29. They were subdued after Japanese monetary policy inaction continued to weigh markets down.
Inside the Expanded JD-Tencent Partnership
China-based online retailer JD.com and social media and digital payments provider Tencent recently announced that they were expanding their partnership.
The Yuan’s Devaluation and China’s Asian Trading Partners
The yuan’s devaluation may not have finished yet. Although China’s central bank may not devalue the yuan further immediately, a further fall in exports may leave it with limited policy responses.
Intel Partners with Chinese Companies to Accelerate 5G Deployment
The Trump administration proposed the Fair Trade with China Enforcement Act to prevent the sale or transfer of certain technology and intellectual property to China.
What’s Next for China’s Aluminum Exports after a 35% Surge?
China’s aluminum exports have been on an uptrend, increasing 35% year-over-year in the first five months of the current year.
Does Micron Look Attractive Right Now?
Micron Technology (MU) stock has been declining since Tuesday after two analysts downgraded their estimates on the stock.
Why Chinese stocks are trading well below their long-term average
While a downward earnings revision remains a near-term risk, at today’s valuation there is long-term opportunity in Chinese equities.
Qualcomm Clears Clouds of Doubt in Its Fiscal Q3 2018 Earnings
On July 26, Qualcomm stock rose 7% while NXP Semiconductors stock fell 5.7% after the two companies announced the end of their merger talks.
Texas Instruments’ Q4 Revenues Highlight Semiconductor Slowdown
The fourth-quarter 2018 semiconductor earnings season began with TSMC’s (TSM) earnings showing signs of a slowdown in the semiconductor industry.
The People’s Bank of China Surprises Currency Markets
The Chinese yuan depreciated by 1.8% on August 11, 2015, as the People’s Bank of China (PBOC) aimed to boost the depressed economy and push exports.
Alphabet Is Building Artificial Intelligence Team in China
Alphabet’s (GOOGL) Google is hiring AI (artificial intelligence) engineers in Beijing, China, according to a company job posting.
Did Emerging Market Manufacturing Activity Slow in May 2017?
The global manufacturing sector seems to be slowing down, reflected in the May 2017 manufacturing PMI’s three-month low. Global economic activity had experienced an uptrend since 4Q16.
How to Profit from the Current Market Uncertainty
Volatility (VXX) has made a comeback in markets this year after a prolonged calm period.
The Implications of Depreciating Latin American Currencies
Latin American currencies have depreciated against the dollar since 2014. The Argentine peso is one of the most beaten up currencies in the region, having lost 27% in this period.
Why Did Skyworks Shares Rise despite Lower Guidance?
kyworks Solutions’ (SWKS) shares rose ~4% at $67.21 in the after-hours trading session on January 28 despite the company reporting lower-than-expected guidance
Why Delaying the iPhone 8 Could Help or Hurt Apple
Rumors that Apple (AAPL) could delay the iPhone 8 launch by up to a few months can be interpreted in two ways—positive or negative.
Apple Rebounded after Massive Decline on Thursday
Apple (AAPL) stock rose 4.27% on Friday and closed at $148.26.
How Fairchild Integration Could Help ON Grow in the Communications Market
ON Semiconductor (ON) earns 22% of its revenues from the communications market.
China’s Relationship with Apple Concerns Carl Icahn
Icahn views Chinese authorities as benevolent dictators. Icahn isn’t worried about Apple. He’s worried about China’s attitude toward the company.
Sugar Prices Fall to 4-Month Lows
Sugar continued to trade below key moving averages on January 28. Prices fell to a 4-month low, with this being their longest slump since September 2015.