Top 10 China Stocks For 2018

One of China’s biggest tech companies says it needs to step up efforts to win over US intelligence agencies.

ZTE, which makes smartphones and builds mobile networks, must make “more effort to build the trust among the people in Washington,” said Lixin Cheng, CEO of the company’s mobile devices business. “We need to do more.”

Top officials from the FBI, CIA and NSA testified before Congress this month that ZTE and Huawei, another Chinese smartphone maker, pose a security threat to American customers.

“We understand the concerns, and respect the concerns of different agencies of the United States government,” Cheng said in an interview with CNN’s Kristie Lu Stout at the Mobile World Congress in Barcelona. “We promise we are going to work very openly, as we did before, [and] transparently to address their needs and their concerns.”

Those concerns include the risk of letting companies “beholden to foreign governments” inside the US telecommunications infrastructure, FBI Director Chris Wray testified.

Top 10 China Stocks For 2018: Euro/Yen(EJ)

Advisors’ Opinion:

  • [By Belinda Cao]

    E-House China Holdings Ltd. (EJ), a real estate brokerage, gained 9.2 percent to $9.70, extending it advance to a third week. Its American depositary receipts retreated 3.1 percent Sept. 20 from the highest level since May 2011.

Top 10 China Stocks For 2018: Sina Corporation(SINA)

Advisors’ Opinion:

  • [By Steve Symington]

    Shares ofSINA Corporation(NASDAQ:SINA)rose 25.8% in 2016,according to data from S&P Global Market Intelligence, following a pair of stronger-than-expected quarterly reports from the Chinese internet leader in the second half.

  • [By Leo Sun]

    Warren Buffett famously told investors to be “fearful when others are greedy, and greedy when others are fearful.” Dedicated followers of that mantra would probably dismiss Chinese online media giant SINA (NASDAQ:SINA) — which rallied 120% over the past 12 months to a six-year high — as a “greedy” play.

  • [By Ezra Schwarzbaum]

    It was quickly followed by two other Chinese social media sites: SINA Corp (NASDAQ: SINA) and Momo Inc (ADR) (NASDAQ: MOMO).

    Weibo Responds

    Weibo issued a press release later in the day saying it would cooperate with the State Administration of Press, Publication, Radio, Film and Television.

  • [By Shanthi Rexaline]

    SINA Corp (NASDAQ: SINA), which has a stake in Weibo, also tumbled.

    Weibo confirmed that the State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China or SAPPRFT has ordered local authorities to take measures to suspend audio and video services of some internet companies.

Top 10 China Stocks For 2018: Netease.com Inc.(NTES)

Advisors’ Opinion:

  • [By Sreekanth Anasa]

    Shares of Hangzhou, China-based NetEase Inc (NASDAQ:NTES)popped 14% in the Feb 16th trading session after the company reported stellar Q4 and full-year 2016 earnings on Feb 15th after market close. The Chinese online gaming giant delivered an EPS of $4.30 on revenues of $1.74B beating EPS estimates by $0.86 and revenue estimates by $16oM. NetEase’s revenue grew by an impressive 53.1% YoY for Q4 and 67.7% for the full year 2016. On the back of these strong numbers, NTES stock closed at an all-time high of $298.73 in yesterday’s trading session. NTES stock might have gone up very high too soon. There could be a correction around the corner but still NTES stock is a great long-term proposition with much more upside left. Here’s why.

  • [By Joe Tenebruso]

    Shares ofNetEase (NASDAQ:NTES)popped 20.1% last month, according to data provided byS&P Global Market Intelligence, as the Chinese internet technology company’s strong fourth-quarter earnings report was applauded by investors.

Top 10 China Stocks For 2018: Renesola Ltd.(SOL)

Advisors’ Opinion:

  • [By Monica Gerson]

    Wall Street expects ReneSola Ltd. (ADR) (NYSE: SOL) to report a quarterly loss at $0.04 per share on revenue of $256.05 million. ReneSola shares gained 2.50 percent to close at $1.23 on Friday.

  • [By Monica Gerson]

    ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 9.76 percent to $1.35 in pre-market trading. ReneSola reported Q1 earnings of $0.06 per share on revenue of $260.7 million.

  • [By Lisa Levin] Gainers
    Aimmune Therapeutics Inc (NASDAQ: AIMT) shares jumped 35 percent to $34.64 in response to failed DBVT peanut allergy trial.
    Exactech, Inc. (NASDAQ: EXAC) shares surged 30.9 percent to $41.88 after the company agreed to be acquired by TPG Capital for $42 per share in cash.
    Dextera Surgical Inc (NASDAQ: DXTR) shares climbed 27.6 percent to $0.238 after surging 40.48 percent on Friday.
    Petmed Express Inc (NASDAQ: PETS) jumped 21.8 percent to $44.73 as the company reported better-than-expected Q2 results.
    SenesTech Inc (NASDAQ: SNES) shares surged 21.7 percent to $1.95 after the company disclosed that Univar will be marketing and selling ContraPest.
    Yulong Eco-Materials Ltd (NASDAQ: YECO) shares gained 18.3 percent to $0.560.
    One Horizon Group Inc (NASDAQ: OHGI) shares rose 18 percent to $1.18.
    Atossa Genetics Inc (NASDAQ: ATOS) shares climbed 18 percent to $0.566. Atossa Genetics is schedule to host a conference call to announce preliminary results from Phase 1 study of oral Endoxifen on October 25, 2017.
    ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 15.3 percent to $2.72
    Renren Inc (NYSE: RENN) shares gained 11.9 percent to $10.71 after gaining 2.68 percent on Friday.
    Kalvista Pharmaceuticals Inc (NASDAQ: KALV) shares rose 11.8 percent to $12.59. KalVista Pharma 13D filing from Longwood Fund showed registration for an 8.7 percent stake.
    Xunlei Ltd (NASDAQ: XNET) shares gained 9.4 percent to $7.20 after surging 25.33 percent on Friday.
    VF Corp (NYSE: VFC) shares surged 7.1 percent to $71.09 after the company reported upbeat earnings for its third quarter and raised its FY2017 guidance.
    CAI International Inc (NYSE: CAI) rose 6.6 percent to $39.70. Cowen & Co. upgraded CAI from Market Perform to Outperform.
    Agenus Inc (NASDAQ: AGEN) shares gained 5.7 percent to $4.58 as the company disclosed that GSK's shingle vaccine received FDA approval.
    Deltic Timber Corp (NYSE: DEL) shares climbed 5.6 percent to $94.11
  • [By Monica Gerson]

    ReneSola Ltd. (ADR) (NYSE: SOL) is estimated to report a quarterly loss at $0.04 per share on revenue of $256.05 million.

    America’s Car-Mart, Inc. (NASDAQ: CRMT) is projected to post its quarterly earnings at $0.58 per share on revenue of $149.13 million.

Top 10 China Stocks For 2018: Clean Diesel Technologies Inc.(CDTI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Clean Diesel Technologies, Inc. (NASDAQ: CDTI) is projected to post a quarterly loss at $0.18 per share on revenue of $10.25 million.

    Sphere 3D Corp. (NASDAQ: ANY) is estimated to post a quarterly loss at $0.11 per share on revenue of $22.10 million.

Top 10 China Stocks For 2018: Baidu Inc.(BIDU)

Advisors’ Opinion:

  • [By Leo Sun]

    In late February, Baidu’s (NASDAQ:BIDU) videostreaming subsidiary iQiyi raised $1.53 billion in fresh funds to compete more effectively with rival sites. Hillhouse Capital, IDG Capital, Sequoia Capital, and Baidu all purchased the newly issued convertible bonds, and Baidu disclosed that it had invested $300 million.

  • [By Peter Graham]

    A long term performance chart shows Alphabet Inc being in a relatively steadyuptrend compared withsearch engine peerslike Yahoo! Inc (NASDAQ: YHOO), China basedBaidu Inc (NASDAQ: BIDU) and Russiafocused mid cap Yandex NV (NASDAQ: YNDX):

  • [By ]

    LexinFintech Holdings Ltd.  (LX) : “The only ones I’m recommending from China are Baidu.com (BIDU) , Alibaba (BABA) and Baozun (BZUN) .”

    Illinois Tools Works (ITW) shares fell after the company’s earnings report, but Cramer and the AAP team see it as an opportunity to buy more shares. Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

  • [By Sreekanth Anasa]

    In the earnings call too, NVIDIA CEO,Jensen Huang suggested the datacenter growth is just getting started when asked by Goldman Sachs analyst Toshiya Hari on datacenter outlook. NVIDIA had announced that Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU) and Tencent will adopt its next-generation Volta GPUs for accelerating AI across the enterprise and consumer applications. Major server computer makers are also set to join the fray to adopt next-gen Volta GPUs. Jensen Huang on the call said “this ramp is just the first part of supporting the build-out of GPU-accelerated service from our company for data centers all over the world as well as cloud service providers all over the world.And so I think the — we’ve been steadfast with the excitement of accelerated computing for data centers. And I think this is just the beginning of it all.”

  • [By WWW.THESTREET.COM]

    But Coursera co-founder Andrew Ng, who previously founded Google’s AI-powered Brain project and served as chief scientist of Baidu (BIDU) , is much more optimistic. Speaking at TechCrunch Disrupt on Wednesday, Ng detailed how AI is pegged to change the world for the better. It also won’t just be limited to Silicon Valley.

  • [By Abdul Jawula]

    However, like most things with Blackberry, they are late to the party. Tesla (NSDQ:TSLA),Alphabet (NSDQ:GOOGL) , Alibaba (NYSE:BABA) and Baidu (NSDQ:BIDU) are deep into the development process of their self-driving car tech. Therefore, by the time Blackberry brings something compelling to the market, one or more of the aforementioned companies is likely to have already signed many of the lucrative deals.

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