Vipshop Holdings Ltd ADR
Why Vipshop Won a KeyBanc Upgrade
KeyBanc recently upgraded its rating on Vipshop (VIPS) stock to an “overweight” from a “sector-weight.”
Why HUYA Stock Is Soaring
Over the last couple of months, reports about a slowdown in the Chinese economy have made investors nervous.
How Alibaba Is Trying to Speed Up Growth in IoT Market
Alibaba (BABA) has entered into an agreement with Japanese semiconductor company Renesas Electronics to create chips for devices running AliOS Things.
Significant Partnerships of China’s Leading e-Commerce Companies
Let’s investigate some of the significant partnerships that continue to keep e-commerce companies in the news.
Breaking Down NetEase’s e-Commerce Push
China-based (MCHI) video game publisher NetEase (NTES) extracted 29.5% of its total 3Q17 revenue from the division that includes its e-commerce operations.
A Turnaround for the Franklin International Growth Fund
The Franklin International Growth Fund – Class A (FNGAX) has emerged as an above-average performer in YTD 2016 until August 19, 2016, among the 12 funds chosen for this review.
China’s Official Manufacturing PMI in Contraction Mode in July
China’s official Manufacturing PMI for July came in at 49.9, down from 50.0 in June. This was mainly due to massive floods in some parts of China and weak demand.
Composite Index Rises on China’s Better-Than-Expected GDP
The SSE (Shanghai Stock Exchange) Composite Index rose 2.2% to 3,054.3 in the week ended July 15, 2016.
Why China’s Official Manufacturing Numbers Weakened in June
Understanding the PMI China’s manufacturing purchasing managers’ index (or PMI) is an economic indicator that gives you a snapshot of the manufacturing sector. A reading above 50 indicates that activity is expanding while below 50 signals a contraction. The manufacturing PMI is based on five sub-indices—the production index, new orders index, employed person index, main […]
What Portfolio Moves Has GSAGX Made Year-to-Date in 2016?
GSAGX aims to invest 80% of its net assets in “a diversified portfolio of equity investments in Asian issuers (excluding Japanese issuers).”
Are There Opportunities amid China’s Manufacturing Slump?
China’s manufacturing sector has been plagued by weak demand, rising labor costs, overcapacity in industries, and tighter resource and environmental constraints.
Caixin China Services and Composite PMI Weakened Further in May
The Caixin China General Services Business Activity Index indicated that service activity expanded at a slower pace in May 2016, coming in at 51.2.
China’s Official Manufacturing Data Remained Unchanged in May
China’s manufacturing purchasing managers’ index (or PMI) is an economic indicator that provides a snapshot of the manufacturing sector of its economy.
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.
Why Are Mark Yusko and Mark Mobius Bullish on China?
Mark Yusko has been bullish on China for a long time. He thinks that although China’s GDP declined, it’s still at a much higher level than other countries.
Why China’s Official Manufacturing PMI Fell Slightly in April
China’s official manufacturing PMI reading for April was 50.1, down from 50.2 in March. This index focuses mainly on large Chinese companies.
Expansion in China? March’s Official Manufacturing PMI
China’s official manufacturing PMI reading for March was up, coming in at 50.2 compared to 49.0 in February, after consecutive eight months of decline.
China’s February PMI: How It Affects Crude Oil Tankers
Markit’s manufacturing PMI (purchasing managers’ index) for China, which is an indicator of the country’s economic health, came in at 48 (MCHI) (FXI) in February 2016.
Quantitative Metrics Signal PRASX as a Below-Average Fund
From a purely net asset value return standpoint, PRASX was a below-average performer for both the one-year period until February 29, 2016, and for 2015.
Must-Know Facts about PRASX
PRASX has existed since September 1990 and has an expense ratio of 0.94%. A minimum of $2,500 is required to invest in this fund.
Why Should You Look at Asia for Growth in the Long Term?
Given the diversity the region can provide, Asia makes a compelling investment destination, especially for those investors who are looking for growth.
China’s Official Manufacturing PMI Fell Further in February
China’s official manufacturing PMI (or purchasing managers’ index) reading for February came in at 49.0.
OBCHX: Exposure to Small to Mid-Size Companies
The Oberweis China Opportunities Fund (OBCHX) has net assets of $100.1 million as of January 2016. The fund has an expense ratio of 1.95%, the highest among all the funds.
Matthews China Fund: 2015’s Top Performer with Lowest Expense Ratio
The Matthews China Fund – Investor Class (MCHFX) is the second-largest fund under this review, with net assets of $607.0 million as of January 2016.
Retail Sector ETFs Fell Globally after Strong Jobs Report
The US Strong Jobs Report was released on Friday, November 6. The retail sector was one of the worst affected as global markets plummeted in anticipation of a rate hike by the Fed.
Coatue Management Exits It Position in Vipshop Holdings
In 4Q14, Coatue Management exited its position in Vipshop Holdings. Coatue sold 3,163,580 shares of Vipshop. It represented 0.61% of the fund’s 3Q14 portfolio.
Horseman Capital raises position in BNY Mellon
Available in more than 100 markets worldwide, BNY Mellon’s services enable institutions and individuals to manage and service their financial assets.
Horseman Capital raises its position in Goldman Sachs
Goldman Sachs Group is a leading global investment banking, securities, and investment management firm.
Horseman Capital reduces its position in Newmont Mining
Newmont Mining is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500.
Alibaba was Horseman Capital’s only new position in 4Q14
Alibaba raised more than $25 billion in the initial public offering (or IPO) in September 2014, representing the largest IPO in stock market history.
JAT Capital sells its position in Vipshop Holdings
According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.
JAT Capital ups its position in Yahoo
Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.
JAT Capital raises its position in Apple
Activist investor Carl Icahn said that Apple’s stock is dramatically undervalued and is actually trading at half its intrinsic value. He believes that Apple’s stock should be trading at around $203.
JAT Capital adds to its position in Twitter
Despite continued growth, Twitter is still a small player in the online advertising market. Twitter needs the support of as many advertisers as possible to become a major player in the digital advertising world.
JAT Capital’s activist stake in Madison Square Garden
In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.
JAT Capital starts a new position in Zillow
Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.
JAT Capital opens new position in Ctrip.com
Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.
Must-know: Why Tiger Global increases stake in Vipshop
Tiger Global increased its stake in Vipshop Holdings (VIPS) which now accounts for 4.54% of the fund’s 1Q14 portfolio.
Why did Tiger Global Management decide to exit UTi Worldwide?
Tiger Global Management exited a 0.56% position in logistics company UTi Worldwide.
Assessing Tiger Global Management’s fourth quarter positions
Tiger Global Management, the hedge fund managed by industry mogul Charles Coleman, filed its 13F with the SEC last month.