Tag Archives: NTES

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.

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Top 5 China Stocks To Invest In Right Now

Recent research by blockchain analytics firm Chainalysis reveals that cryptocurrencies saw an impressive growth rate over the last year.
What Happened: According to a Wednesday Chainalysis paper, “global cryptocurrency adoption is skyrocketing,” having “grown by over 880% in the last year.”

At the end of last year's second quarter, total global adoption stood at 2.5, while at the end of Q2 2021, it stood at 24.

This data suggests that “global adoption has grown by over 2300% since Q3 2019.”

Still, the United States and....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>>>

Top 5 China Stocks To Watch For 2023

China will encourage market consolidation in the electric-vehicle sector, an industry it has nurtured for years amid the breakneck growth of greener transportation, the country’s industry and information technology minister said Monday.

In addition to improving charging infrastructure and electric-vehicle mileage, China’s EV sector must “embrace the market,” Xiao Yaqing said in a press conference Monday, translated by Chinese state-owned channel CGTN. This will allow many small and scattered firms to “concentrate their industrial practices,” the....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>>>