Executives see long-term value in Chinese stocks
Published . Updated .
China's growing capacity for innovation and the diversification benefits of its equities have prompted some major global asset managers to increase their holdings of Chinese assets amid heightened global volatility, said industry executives.
Directly affected
- No company is named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-7.2% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).
- BABA Alibaba Group Holding-3.1% 30d
Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.
- NTES NetEase
NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.
- JD JD.com-0.7% 8d
JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.
- BIDU Baidu-13.5% 30d
Baidu (computer programming, data processing, etc.) is one of the largest China-based companies traded in the US, so news about China (“chinese”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| BABANo price data for this ticker | — | — | — | — | — | — | — |
| NTESNo price data for this ticker | — | — | — | — | — | — | — |
| JDNo price data for this ticker | — | — | — | — | — | — | — |
| BIDUNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Executives see long-term value in Chinese stocks chinadailyhk
Source: chinadailyhk
This story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
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