China’s trading venues have skyrocketed in number from 300 in 2011 to over 1,000 in 2017, and one of the newest exchanges to open is the China Donkey Exchange.
Editor’s Note: For investors looking to play trends in China, this could be the newest form of speculative investment. We have a better way to play the Asian market and will share that in just a bit.
While that might sound odd, donkeys are considered an agricultural commodity in China, according to Bloomberg. The Chinese use donkey skin to treat anemia, and the demand for donkey skin has caused donkey prices to quadruple in the last decade to 8,000 yuan ($1,160 U.S.).
VideoChina Imports Donkeys for Medicine
Also, donkeys are hard to breed quickly. Pregnancies can last up to 14 months, which makes replenishing a herd difficult. That means supply can’t keep up with demand, raising the price of donkeys.
Because of the demand, state-owned producer Dong-E-E-Jiao Co. launched a donkey exchange in China in December 2016.
Top 10 China Stocks To Invest In 2019: Renesola Ltd.(SOL)
Advisors’ Opinion:
- [By Joseph Griffin]
These are some of the media headlines that may have impacted Accern’s scoring:
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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.
Top 10 China Stocks To Invest In 2019: Top Image Systems Ltd.(TISA)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 China Stocks To Invest In 2019: Baidu Inc.(BIDU)
Advisors’ Opinion:
- [By Motley Fool Staff]
Dylan Lewis: This property just got spun out of Baidu(NASDAQ:BIDU) fairly recently. Shares have not been trading all that long. And in that time, we’ve seen the usual fluctuations that you might expect from a new issuance hitting the public markets. Some of that is due to some recent developments that are helping the company out.
- [By Rick Munarriz]
Sogou is a distant silver medalist to Baidu (NASDAQ:BIDU) in the realm of Chinese search engines, but there’s plenty of paid search revenue and user query requests to go around. Baidu has been one of the market’s biggest winners since going public — a juicy 85-bagger since hitting the market at a split-adjusted $2.70 per share 13 years ago.
- [By Leo Sun]
To compile this list, I used data fromQuestMobile, market share figures from other sources, and updated active user counts with official numbers (if available). You’ll notice that four companies clearly dominate this market: Baidu (NASDAQ:BIDU), Tencent (NASDAQOTH:TCEHY), Weibo (NASDAQ:WB), and Alibaba (NYSE:BABA).
- [By Leo Sun]
Tencent’s ecosystem covers lots of markets. WeChat, the most popular messaging app in China, grew its monthly active users (MAUs) 11% annually to 989 million last quarter. The expansion of WeChat — which offers ride hailing, delivery services, e-commerce features, games, payments, and other services — widens Tencent’s moat against search giant Baidu (NASDAQ:BIDU) and e-commerce heavyweight Alibaba (NYSE:BABA).
- [By Danny Vena]
Video streaming company iQiyi (NASDAQ:IQ)recently spun off from Baidu (NASDAQ:BIDU), and the market is taking notice. In this week’s episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Danny Vena explain why iQiyi is so exciting and what investors should know about the company before digging in.
- [By Rick Munarriz]
Everyone knows China’s leading search engine, but Sogou — the country’s second largest platform according to iResearch in terms of volume of mobile queries — also deserves some investor attention. Sogou is growing faster than Baidu (NASDAQ:BIDU), with revenue rising 53% in the first quarter. Sogou’s adjusted earnings grew at a hearty 56% clip.
Top 10 China Stocks To Invest In 2019: Sina Corporation(SINA)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on SINA (SINA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers
Cocrystal Pharma, Inc. (NASDAQ: COCP) rose 15.3 percent to $2.41 in pre-market trading after declining 25.09 percent on Thursday.
Expedia Group, Inc. (NASDAQ: EXPE) shares rose 10.7 percent to $117.75 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Thursday.
DMC Global Inc. (NASDAQ: BOOM) rose 10.6 percent to $35.00 in pre-market trading after reporting Q1 results.
Genprex, Inc. (NASDAQ: GNPX) rose 10.2 percent to $12.12 in pre-market trading after climbing 86.76 percent on Thursday.
Sprint Corporation (NYSE: S) shares rose 7 percent to $6.42 in pre-market trading on reports that the company has made progress on merger talks with T-Mobile.
Amazon.com, Inc. (NASDAQ: AMZN) rose 6.9 percent to $1,621.95 in pre-market trading after the company posted upbeat results for its first quarter. The company sees second quarter operating income of $1.1 billion – $1.9 billion and sales of $51 billion – $54 billion.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 5.5 percent to $7.88 in pre-market trading after gaining 1.49 percent on Thursday.
Intel Corporation (NASDAQ: INTC) rose 5.3 percent to $55.86 in pre-market trading as the company reported better-than-expected results for its first quarter and also raised its FY18 sales outlook.
8×8, Inc. (NASDAQ: EGHT) rose 5.3 percent to $21.00 in pre-market trading.
Southwestern Energy Company (NYSE: SWN) shares rose 5.1 percent to $4.75 in pre-market trading as the company reported better-than-expected earnings for its first quarter.
Diamond Offshore Drilling, Inc. (NYSE: DO) rose 5 percent to $20.24 in pre-market trading.
Baidu, Inc. (NASDAQ: BIDU) rose 4.5 percent to $249.50 in pre-market trading following upbeat Q1 profit.
Charter Communications, Inc. (NASDAQ: CHTR) rose 4.3 percent to $311 in pre-market trading. Charter is expected to release quarterly earnings today.
SINA Corporation (NASDAQ: SINA) shares rose 3.9 pe - [By Lisa Levin] Companies Reporting Before The Bell
Anheuser-Busch InBev SA/NV (NYSE: BUD) is estimated to report quarterly earnings at $0.89 per share on revenue of $13.06 billion.
SINA Corporation (NASDAQ: SINA) is expected to report quarterly earnings at $0.42 per share on revenue of $433.32 million.
Weibo Corporation (NASDAQ: WB) is projected to report quarterly earnings at $0.47 per share on revenue of $342.39 million.
Ameren Corporation (NYSE: AEE) is estimated to report quarterly earnings at $0.57 per share on revenue of $1.55 billion.
Mylan N.V. (NASDAQ: MYL) is projected to report quarterly earnings at $0.98 per share on revenue of $2.75 billion.
Cinemark Holdings, Inc. (NYSE: CNK) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.51 billion.
ADT Inc. (NYSE: ADT) is expected to report quarterly earnings at $0.24 per share on revenue of $1.11 billion.
Coty Inc. (NYSE: COTY) is projected to report quarterly earnings at $0.13 per share on revenue of $2.18 billion.
Pinnacle Entertainment, Inc. (NYSE: PNK) is estimated to report quarterly earnings at $0.31 per share on revenue of $644.94 million.
Conduent Incorporated (NYSE: CNDT) is estimated to report quarterly earnings at $0.21 per share on revenue of $1.44 billion.
Delphi Technologies PLC (NYSE: DLPH) is projected to report quarterly earnings at $1.16 per share on revenue of $1.25 billion.
Office Depot, Inc. (NASDAQ: ODP) is expected to report quarterly earnings at $0.08 per share on revenue of $2.72 billion.
Global Partners LP (NYSE: GLP) is estimated to report quarterly earnings at $0.13 per share on revenue of $2.33 billion.
Wolverine World Wide, Inc. (NYSE: WWW) is projected to report quarterly earnings at $0.37 per share on revenue of $530.99 million.
Performance Food Group Company (NYSE: PFGC) is expected to report quarterly earnings at $0.32 per share on revenue of $4.46 billion.
Groupon, Inc. (NASDAQ: GRPN) is projected to report - [By Leo Sun]
Shares of Weibo (NASDAQ:WB) and its parent SINA (NASDAQ:SINA) tumbled 14% and 10%, respectively, after posting their first quarter results on May 9. The sell-off was surprising, since both companies easily beat analyst expectations.
- [By Steve Symington]
Shares of SINA Corp. (NASDAQ:SINA) were down 10.2% as of 3:30 p.m. EDT Wednesday despite strong first-quarter 2018 results from the Chinese internet media company.
Top 10 China Stocks To Invest In 2019: Focus Media Holding Limited(FMCN)
Advisors’ Opinion:
- [By Stephan Byrd]
An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.
Top 10 China Stocks To Invest In 2019: Clean Diesel Technologies Inc.(CDTI)
Advisors’ Opinion:
- [By Stephan Byrd]
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
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Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)
MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.
Top 10 China Stocks To Invest In 2019: Netease.com Inc.(NTES)
Advisors’ Opinion:
- [By Leo Sun]
But PUBG doesn’t plan to give up. It recently sued NetEase (NASDAQ:NTES) over its two new battle royale titles, Rules of Survival and Knives Out. NetEase isn’t shy about promoting these games as PUBG clones — the promotional art forKnives Outeven features a man wearing the same battle helmet, white shirt, and tie as the man in PUBG’s promos.
- [By Shane Hupp]
These are some of the news headlines that may have effected Accern’s rankings:
Get NetEase alerts:
Study Stock Price Behavior with Financial Report for NetEase, Inc. (NTES) (finherald.com) Analysis of Analyst Stock Recommendation: NetEase, Inc. (NTES) (nasdaqplace.com) Notable Moving Tech Stock: NetEase, Inc. (NTES) (nasdaqplace.com) Investors must not feel shy to buy these Stocks: NetEase, Inc. (NASDAQ:NTES), YUM! Brands, Inc. (NYSE:YUM), Erie … (journalfinance.net) Destiny maker Bungie raises $100M from Chinas NetEase to build new games (geekwire.com)
NetEase traded up $3.95, hitting $243.58, during midday trading on Friday, MarketBeat.com reports. The stock had a trading volume of 1,182,914 shares, compared to its average volume of 1,423,698. The firm has a market cap of $31.99 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.83 and a beta of 0.82. NetEase has a 1-year low of $222.32 and a 1-year high of $377.64.
- [By Lisa Levin]
NetEase, Inc. (NASDAQ: NTES) is expected to post quarterly earnings at $2.19 per share on revenue of $2.18 billion.
China Distance Education Holdings Limited (NYSE: DL) is estimated to post earnings for its second quarter.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
Jounce Therapeutics, Inc. (NASDAQ: JNCE) fell 32.5 percent to $11.92 in pre-market trading. Jounce Therapeutics reported that data from ongoing ICONIC trial of JTX-2011 will be presented at the ASCO.
Acxiom Corporation (NASDAQ: ACXM) fell 10.7 percent to $24.60 in pre-market trading. Acxiom reported stronger-than-expected results for its fourth quarter, but issued weak FY19 guidance.
American Public Education, Inc. (NASDAQ: APEI) shares fell 10.7 percent to $35 in pre-market trading.
Enduro Royalty Trust (NYSE: NDRO) shares fell 8.5 percent to $3.25 in pre-market trading after tumbling 10.76 percent on Wednesday.
NetEase, Inc. (NASDAQ: NTES) fell 8.3 percent to $244.00 in pre-market trading after reporting Q1 results.
Aircastle Limited (NYSE: AYR) fell 7.2 percent to $21.30 in pre-market trading after announcing 7.9 million secondary offering of common shares.
Boxlight Corporation (NASDAQ: BOXL) shares fell 5.6 percent to $9.29 in pre-market trading after rising 2.29percent on Wednesday.
Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) shares fell 5.3 percent to $3.93 in pre-market trading after rising 5.60 percent on Wednesday.
Cisco Systems, Inc. (NASDAQ: CSCO) fell 4 percent to $43.40 in pre-market trading. Cisco reported better-than-expected results for its third quarter. The company sees fourth quarter earnings in the range of 68 cents-70 cents with sales growth of 4-6 percent.
Jack in the Box Inc. (NASDAQ: JACK) fell 3.2 percent to $88.45 in pre-market trading after the company reported downbeat results for its second quarter. Comps were down 0.1 percent in the quarter. The company sees third-quarter comps coming in flat to up 1 percent.
Children's Place, Inc. ( - [By Harsh Chauhan]
Over the years, NetEase (NASDAQ:NTES) has made the most of the opportunities presented by China’s mobile and online gaming market, and has also diversified into fast-growing verticals like ecommerce to supercharge its prospects. Not surprisingly, NetEase investors have been a happy lot, as their investment in the Chinese internet specialist has experienced fivestraight years of double-digit percentage gains.
- [By Harsh Chauhan]
China’s booming video gaming industry has turned out to be a big moneymaker for NetEase (NASDAQ:NTES) in recent years. From operatingActivision’s popular games such as World of Warcraft and Diablo to building a solid portfolio of self-developed mobile games, NetEase has kept its finger on the pulse of the video gaming market to clock terrificgrowth.
