Tag Archives: BIDU

Top 10 China Stocks To Own Right Now

Uni-President China Holdings Ltd (OTCMKTS:UNPSF) was the target of a significant decrease in short interest in July. As of July 30th, there was short interest totalling 278,600 shares, a decrease of 43.9% from the July 15th total of 496,700 shares. Based on an average trading volume of 30,800 shares, the short-interest ratio is presently 9.0 days.

UNPSF stock opened at $1.00 on Wednesday. The company has a 50-day simple moving average of $0.92. Uni-President China has a 52 week low of $1.00 and a 52 week high of $1.07.

Get Uni-President China alerts:

Uni-President....More>>>

Top 5 China Stocks To Own Right Now

Here’s another argument for how global economic growth worries are fueling a consensus-defying rally for the U.S. dollar, which is sending ripples through financial markets this week and contributing to a painful selloff for oil, metals and other commodities.

“We show the bulk of USD (U.S. dollar) appreciation since June can be attributed to China growth concerns and this likely matters more near-term than Fed taper expectations,” wrote Adarsh Sinha, a Hong Kong-based currency strategist at Bank of America, in a Friday note.

The ICE U.S. Dollar Index ....More>>>

Top 10 China Stocks To Invest In 2023

Despite the growth opportunities in China, many investors consider the country off-limits in part because they don’t trust Chinese companies’ financial reporting. After Luckin Coffee was found to be a fraud, some investors reason that all Chinese stocks run a similar risk.

In this Backstage Pass segment, recorded on Aug. 23, Fool contributors Jeremy Bowman and Brian Withers discuss whether there’s any merit to that argument and why large Chinese tech stocks are safer than companies like Luckin.

Brian Withers: These three that we’ve talked about —....More>>>

Best China Stocks To Buy For 2023

The September slump on Wall Street took a turn for the worse yesterday, as stocks plunged on Monday in their worst sell-off since July. Even with a huge end-of-day bounce, the Dow Jones still closed down 1.7%, while the S&P 500 shed 1.6% and the Nasdaq tumbled 2.2%.

Source: Shutterstock

The catalyst?

It wasn’t obvious. But most folks pointed to the Evergrande crisis over in China. Long story short, one of China’s largest property developers is at serious risk of defaulting on its $300 billion debt mountain, and investors are concerned that a default....More>>>

Top China Stocks To Invest In 2023

By Clarence Leong

Hong Kong Exchanges & Clearing Ltd.’s third-quarter profit fell 30%, as sluggish trading activities weighed on its revenue.

The exchange operator on Wednesday posted net profit of 2.26 billion Hong Kong dollars (US$287.9 million) for the quarter, compared with HK$3.25 billion in the year-earlier period.

Revenue dropped 23% to HK$3.94 billion, weighed by declines in trading and clearing fees, it said. The headline average daily turnover fell 41% to HK$97.6 billion.

Hong Kong’s initial-public-offering market showed a recovery from....More>>>