Adding JD.Com to my Special Report: 10 Best Buy Stocks for after the Bear–and to my Volatility Portfolio
JD.Com (JD) is my last purely China pick for this list of 10 Best Buy Stocks for after the Bear. The company has increased its share of the business to consumer eCommerce market to 19.5% in 2014 from 17.2% in 2011, according to iResearch. And grown its share of the...
Special Report: 10 Best Buy Stocks for after the bear (or for now if you think the bear is over.)
Is the bear market over? And if it is, what stocks should you target as "best buys." The first is a really, really tough question to answer now. News of new efforts to stimulate economic growth in China helped push the Standard & Poor's 500 stock index over...
China ends its freeze on new game titles–good for Tencent soon-ish
China's media regulators have ended a nine-month freeze on the approval of new video games in the $30 billion Chinese market. Global industry (and Chinese market leader) Tencent Holdings (TCEHY) didn't have a title among the 80 new games approved, but the end of the...
The good news is that bad news was bad enough to bring China’s regulators into the stock market
Stocks rallied today, Friday, after falling hard yesterday. The catalyst for the upswing? Disappointing third quarter GDP growth that was bad enough to bring China's securities regulators into support stocks. The Shanghai Composite index closed up 2.58% today. In the...
Buying Tencent Holdings for my Jubak Picks Portfolio
Today (or tomorrow morning, actually, October 2) I'm adding Tencent Holdings (TCEHY) to my 12-18 month Jubak Picks Portfolio. (The stock is already a member of my long-term 50 Stocks Portfolio. As I wrote in my Special Report: 10 Picks for the Emerging Markets bounce,...
China’s Shanghai market has given back all its gains since 2014
Overnight--and that means before the latest saber rattling today from Washington and Beijing--the Shanghai Composite Index dropped another 1.1% to 2651.79. That took the market below the January 2016 bottom of one of the market's worst ever routs. The Shanghai index...
Is the next big tech stock thing, Chinese tech stocks?
There's some evidence that the money that has left big U.S. tech stocks such as Facebook (FB), Netflix (NFLX), Microsoft (MSFT) and Amazon (AMZN) on some recent days has been headed into big Chinese tech stocks such as Tencent Holdings (TCEHY), Alibaba (BABA), and...
Asia rally on Mexico-U.S. trade announcement fades
Optimism engendered by yesterdays announcement of a preliminary trade agreement between Mexico and the United States initially drove Asian stock markets higher overnight. The Shanghai Composite, for example, climbed 10 points to 2791 in the first half hour of trading....
China stocks bounce big, but there’s reason to think the recovery won’t stick
Stocks in Hong Kong and Shanghai rallied strongly today, Tuesday August 7, after The China Daily, citing an unidentified official at the National Development and Reform Commission, reported that the government would roll out more policies to improve investor appetite...
Day Two of the rally in Shanghai
Granted you can draw a trend line with just two data points, but it doesn’t indicate very strong trend. The Shanghai Composite Index closed up 0.84% last night, taking the index to 3117. This comes after the Wednesday gain of 0.8% to 3091.
Chinese stocks bounce back on better than expected but still tight liquidity
As is so often the case, liquidity was the driver for Chinese stock today, Monday. The Shanghai Composite Index rose 0.78% to 3,154.13 points by the close of trading Monday, after initially falling 0.45% during the morning. Two indexes with more exposure to China’s smaller companies and entrepreneurial sector showed bigger gains. The Shenzhen Component Index rebounded by 2.91%, while the startup-heavy ChiNext exchange gained 3.49%
