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China announced a plethora of macro data last week where all but retail sales missed expectations. News on the populous country continued to spell doom and gloom. Investors are sitting up and realizing 'the bark is worse than the bite' on China matters. The correction in the narra...
This episode of Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Brue Liu, CEO at Esoterica Capital, and portfolio manager of the Esoterica Thematic ETF Trust (WUGI). Among the topics discussed: 5G technology is much more than just an upgrade from 4G, says Liu. ...
Amid concerns over his safety and well-being, Jack Ma, the founder of Alibaba Group, was spotted in Hong Kong. The Chinese President clarified the goal of his "common prosperity" drive is not "uniform egalitarianism" and explained how China will get there. Beijing has plenty ...
Chinese stocks have sold off en masse since the Spring, but is now the time for aggressive investors to go bargain-hunting in the Middle Kingdom? One indication could be the recent case of Meituan (OTC: MPNGF) , the largest food delivery company in China, with businesses in ...
U.S. lawmakers' deal on a short-term debt ceiling extension spurred a bullish run on stocks last week but the depressed Chinese equities rallied even more. Cheery macro data and developments are supporting the bullish narrative for Chinese stocks. Despite the headwinds from a more...
Chinese tech ETFs are rallying on the back of a strong performance by Hong Kong's benchmark Hang Seng Index (HSI), which rose 3% Thursday. Two ETFs trending to the topside are the KraneShares CSI China Internet ETF (NYSEARCA:KWEB) − up 6.54% at last check− an...
The representative ETFs of Chinese companies outperformed their U.S. counterparts in the past week despite the lingering Evergrande debt crisis and power shortage that affected a large swathe of China. Judging by the share price action of TCOM, shareholders could have been bracing for...
The risks to the economy from a potential collapse in Evergrande are overstated. The purported impact on Chinese Internet stocks is specious. Chinese e-commerce platforms could benefit from the mitigation efforts by the government in the 'rescue' of Evergrande and the boosting of reta...
China faced an economic abyss in the 1990s that caused the Chinese Communist Party to improvise to keep even a tenuous hold on China's economic development. By 2010, China had surpassed Japan as the second largest economy on the planet. Fast forward a number of years, China now fa...
Certain sub-sectors within Chinese Internet appear to be forming a longer-term bottom. Companies (such as Tencent) that were first to respond to China's Common Prosperity plans are likely to be viewed more favorably. I am cautiously optimistic that we have arrived at a long-term b...
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2023-04-25 10:05:00 ET When asked about Chinese technology stocks, most investors will come back with names like Alibaba , Tencent , and JD.com . But other worthy companies can still make it onto investors' radars. One of these lesser-known but very well-established Chinese ...