Hot China Stocks To Invest In Right Now

German auto and truck maker Daimler AG (NASDAQOTH:DDAIF) cut its 2018 profit expectations, warning that new tariffs on vehicles exported from the United States to China are likely to hurt sales of the high-profit Mercedes-Benz SUVs it builds in Alabama for global markets.

It’s yet another sign that ongoing trade disputes between the U.S. and other countries may not work out as well as the Trump Administration has hoped. More broadly, Daimler’s profit warning is also a warning to investors in other automakers: The end of the global auto-sales boom may not be far away.

Made in USA: The Mercedes-Benz GLS luxury SUV is one of several Mercedes vehicles built in Tuscaloosa, Alabama, and exported to other markets, including China. Image source: Daimler AG.

What Daimler said: Lowering 2018 guidance

In a statement on Thursday, Daimler said it is lowering its 2018 pre-tax earnings expectations for three of its five business units, and for the company overall.

Hot China Stocks To Invest In Right Now: ATA Inc.(ATAI)

Advisors’ Opinion:

  • [By Paul Ausick]

    ATA Inc. (NASDAQ: ATAI) traded down about 14% Monday to set a new 52-week low of $0.82, based on revalued shares that closed at $0.72 on Friday but traded up about 250% on Monday at $2.53. Volume was more than 200 times the daily average of around 42,000. You’re on your own here to figure this one out.

Hot China Stocks To Invest In Right Now: Top Image Systems Ltd.(TISA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

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  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

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Hot China Stocks To Invest In Right Now: Renesola Ltd.(SOL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    These are some of the media headlines that may have impacted Accern’s scoring:

    Get ReneSola alerts:

    ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

    Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

  • [By Max Byerly]

    Sola Token (CURRENCY:SOL) traded 17.9% lower against the dollar during the 1-day period ending at 16:00 PM E.T. on October 11th. One Sola Token token can now be bought for about $0.0054 or 0.00000087 BTC on cryptocurrency exchanges including Tidex and OpenLedger DEX. Sola Token has a total market cap of $153,306.00 and $1,856.00 worth of Sola Token was traded on exchanges in the last 24 hours. In the last seven days, Sola Token has traded down 12.2% against the dollar.

  • [By Max Byerly]

    Sola Token (CURRENCY:SOL) traded up 26.7% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on September 28th. One Sola Token token can currently be bought for $0.0085 or 0.00000131 BTC on popular exchanges including Tidex and OpenLedger DEX. Sola Token has a market capitalization of $0.00 and approximately $3,239.00 worth of Sola Token was traded on exchanges in the last 24 hours. During the last week, Sola Token has traded flat against the US dollar.

Hot China Stocks To Invest In Right Now: Baidu Inc.(BIDU)

Advisors’ Opinion:

  • [By Keith Noonan]

    iQiyi (NASDAQ:IQ) reported second-quarter results after market close on July 31. This was only the streaming-video provider’s second quarterly report since splitting off from parent-company Baidu (NASDAQ:BIDU) in March. It also marked the company’s first go at hosting its own earnings call.

  • [By Motley Fool Staff]

    Vena: Right. iQiyi, when they started developing this original content, keep in mind that they were still owned by Baidu (NASDAQ:BIDU), which spun them off earlier this year. Now, Baidu has a lot of similarities to Google. They are the major search engine in China. They have a lot of data. They’ve been at the forefront of artificial intelligence. So, one of the things that iQiyi said in their IPO filing with the SEC is that they view that data and their ability to analyze that data using artificial intelligence as one of their competitive advantages. So, they have used that to generate shows that Chinese consumers just really love.

  • [By Stephan Byrd]

    Baidu (NASDAQ:BIDU) shares gapped down before the market opened on Monday . The stock had previously closed at $243.64, but opened at $253.01. Baidu shares last traded at $243.57, with a volume of 10970198 shares changing hands.

  • [By Lee Jackson]

    China’s leading search engine company, Baidu Inc. (NASDAQ: BIDU), announced a massive share buyback Wednesday. The company said its board approved a plan to buy back up to $1 billion of its shares, with repurchases taking place over the next 12 months.

  • [By Paul Ausick]

    The company is controlled by China’s largest internet search firm, Baidu Inc. (NASDAQ: BIDU), which holds about 93% of the company’s voting power. Based on the IPO price, iQIYI has a market cap of around $13.67 billion, and Baidu will retain ownership of more than 80% of the class A common stock.

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