China struggles continue; See what Seeking Alpha analysts say about BABA, BIDU, and others

seekingalpha01-27

Pressure remains on the Chinese stock market as China’s CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2406714324?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg","is_english":true,"pubTime":"2024-01-27 02:30","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2406714324","market":"us","top_or_hot":-1,"title":"China struggles continue; See what Seeking Alpha analysts say about BABA, BIDU, and others","media":"seekingalpha","content":"<div>\n<p>Pressure remains on the Chinese stock market as China’s CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen ...</p>\n\n<a href=\"https://seekingalpha.com/news/4059201-china-struggles-continue-see-what-seeking-alpha-analysts-say-about-baba-bidu-and-others\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China struggles continue; See what Seeking Alpha analysts say about BABA, BIDU, and others</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina struggles continue; See what Seeking Alpha analysts say about BABA, BIDU, and others\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-27 02:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4059201-china-struggles-continue-see-what-seeking-alpha-analysts-say-about-baba-bidu-and-others><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pressure remains on the Chinese stock market as China’s CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen ...</p>\n\n<a href=\"https://seekingalpha.com/news/4059201-china-struggles-continue-see-what-seeking-alpha-analysts-say-about-baba-bidu-and-others\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FXI","symbol_name":"中国大盘股ETF-iShares","start_time":0,"source_url":"https://seekingalpha.com/news/4059201-china-struggles-continue-see-what-seeking-alpha-analysts-say-about-baba-bidu-and-others","article_id":"2406714324","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1447223980/image_1447223980.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2406714324","pubTimestamp":1706293854,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Pressure remains on the Chinese stock market as China’s CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Sto","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FXI":"中国大盘股ETF-iShares","LU0918141887.USD":"安联亚洲实际收益股票基金","YINN":"三倍做多富时中国ETF-Direxion","BK4509":"腾讯概念","FDN":"First Trust Dow Jones Internet I","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4558":"双十一","MCHI":"中国ETF-iShares MSCI","NIO":"蔚来","BK4501":"段永平概念","KWEB":"中国海外互联网ETF-KraneShares","PDD":"拼多多","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BEKE":"贝壳","BK4550":"红杉资本持仓","CNYA":"安硕中国A股ETF","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","09988":"阿里巴巴-SW","BK4552":"Archegos爆仓风波概念","BK4503":"景林资产持仓","JD":"京东","FLCH":"Franklin FTSE China ETF","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4502":"阿里概念","09618":"京东集团-SW","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","ASHR":"德银沪深300指数ETF","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","MPNGF":"MEITUAN","CQQQ":"中国科技指数ETF-Guggenheim","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","GXC":"中国ETF-SPDR S&P","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BABA":"阿里巴巴","PGJ":"中国ETF-PowerShares Gldn Drago","LU0287142896.SGD":"Fidelity China Focus A-SGD","TCEHY":"腾讯控股ADR","LU0051755006.USD":"摩根大通中国A (dist)","BIDU":"百度","09866":"蔚来-SW","LU1688375341.USD":"贝莱德中国灵活股票基金","NIO.SI":"蔚来","LI":"理想汽车"},"translate_title":"中国的斗争仍在继续；看看Seeking Alpha分析师对BABA、BIDU和其他人的看法","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JD":1,"YINN":1,"TCEHY":1,"PGJ":1,"PDD":1,"NIO":1,"MPNGF":1,"MCHI":1,"LI":1,"KWEB":1,"GXC":1,"FXI":1,"FLCH":1,"CQQQ":1,"CNYA":1,"ASHR":1,"BABA":1,"BEKE":1,"BIDU":1,"FDN":0.9,"NIO.SI":0.6,"09988":0.6,"09866":0.6,"09618":0.6,"EVS.SI":0.6},"content_text":"Pressure remains on the Chinese stock market as China’s CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange continues to fall. Last week the major average plunged to a four-year trading low as Citic Securities Co. a state-owned firm halted the lending of stocks to certain market participants. Bespoke Investment Group highlighted that China's share of the global market cap now hovers at roughly where it did 17 years ago. See the chart below that the financial institution provided.  While the Chinese market remains under fire See what some of Seeking Alpha’s analysts have to say about some of Beijing's most prominent stocks. Alibaba Group Holding Limited (NYSE:BABA) -4.1% YTD “For value investors who are willing to take risks and have a long-term view, the current stock price is a great opportunity,” Value Compounder noted in Alibaba: A Wonderful Opportunity For Investors With Risk Tolerance. “The company's strong fundamentals, including profitability, growth, and financial health, support its upward trajectory,” Pinnacle Investment Analyst stated in Alibaba Group Holding Limited: Buy This Dip, Fundamentals Are Strong. Baidu (NASDAQ:BIDU) -9.2% YTD “Having long been China’s leading search engine company and little more, the company is slowly but surely carving out a new leadership position in the Chinese artificial intelligence (‘AI’) space,” JP Research said in Baidu: Poised For Upside As AI Monetization Begins. “The stock is incredibly cheap, with cheap valuations and large cash and investment positions, especially considering the leading AI platform position,” Stone Fox Capital expressed in Baidu: Chinese Risk Is Overdone. JD.com (NASDAQ:JD) -17.6% YTD “JD.com's valuation is illogical, with the stock priced as if the company is going out of business soon,” Wright's Research indicated in JD.com: Mr. Market Is Getting Irrational. “The stock is so extremely undervalued at this point and is therefore a good investment at this point - even with JD growing at a low pace,” Daniel Schönberger articulated in JD.com: One Of The Worst Performing Stocks In 2023 Is A Good Investment. Tencent Holdings Limited (OTCPK:TCEHY) -3.1% YTD “Despite concerns over Chinese government restrictions, Chinese companies like Tencent continue to generate significant cash flow,” Eugenio Catone expressed in Tencent: More Powerful Than You Think. “Tencent is a high-quality business with a high-quality management surfing on a secular growth wave in China,” The Scepticist noted in Tencent: Only Chinese Tech Giant You Should Own (Via A Dutch Holding). Other Chinese Stocks Aside from BABA, BIDU, JD and TCEHY investors can also further examine other Chinese stocks that have suffered notable losses in 2024. Some of those names include shares of NIO Inc. (NIO), Li Auto (LI), KE Holdings (BEKE), Meituan (OTCPK:MPNGF), and PDD Holdings (PDD). In 2024 NIO is plunged 32.9%, LI has fallen 26%, BEKE slid 11.2%, MPNGF dipped 15.3%, and PDD dropped 2.1%. Chinese ETFs Moreover, aside from specific stock names market participants can also look towards exchange traded funds as potential source of investment. Some of the most popular Chinese ETFs are as follows: KraneShares CSI China Internet ETF (KWEB), Invesco Golden Dragon China ETF (PGJ), Invesco China Technology ETF (CQQQ), iShares China Large-Cap ETF (FXI), SPDR S&P China ETF (GXC), iShares MSCI China ETF (MCHI), Franklin FTSE China ETF (FLCH), iShares MSCI China A ETF (CNYA), Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR), and the Direxion Daily FTSE China Bull 3X Shares (YINN).   More on Markets  Dividend Roundup: Merck, Costco, Lockheed Martin, Comcast, and more Investors withdraw capital from the fund market for the second week in three S&P 500’s tech weighting hits highest mark since 2000, led by AAPL, MSFT, NVDA Russell Investments now thinks it's likely U.S. will avoid its recession Top highest-yielding dividend stocks that are flashing a buy signal, based on SA Quant Ratings","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2406714324"}