Top 5 China Stocks To Buy Right Now

India, the largest importer of Chinese solar equipment, proposed a 70 percent safeguard duty on cells and modules shipped from China and Malaysia, citing “threat of serious injury” to the domestic industry.

Acting on an application by five local cell and module makers, the Directorate General of Safeguards, Customs and Central Excise made the proposal in a document dated Jan. 5. It recommended the levy remain in effect for 200 days.

Lion's Share

India imported a third of China's solar shipments from January to September last year

Source: Bloomberg New Energy Finance

.chart-js { display: none; }

“Existing critical circumstances justify the immediate imposition of a provisional safeguard duty in order to save the domestic industry from further serious injury, which would be difficult to repair,” the Finance Ministry said in the document, also citing the potential for job losses.

Top 5 China Stocks To Buy Right Now: Renesola Ltd.(SOL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    These are some of the media headlines that may have impacted Accern’s scoring:

    Get ReneSola alerts:

    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 5 China Stocks To Buy Right Now: Baidu Inc.(BIDU)

Advisors’ Opinion:

  • [By Rick Munarriz]

    Getting back to basics is a good look for Baidu’s (NASDAQ:BIDU) financial statements. China’s leading search engine came through with its best top-line growth since 2015 for this year’s first quarter. Revenue topped the high end of its earlier guidance — as it did last time out — with earnings growing even faster.

  • [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.

  • [By Leo Sun]

    Shares of Baidu (NASDAQ:BIDU) recently rallied after the Chinese tech giant posted an impressive first quarter. Its revenue rose31% annually to 20.9 billion RMB ($3.33 billion), topping estimates by $140 million and marking the company’s strongest growth since the fourth quarter of 2015.

  • [By Motley Fool Staff]

    Chris Hill: Now that iQiyi is public — you’ve talked about this before, is this of interest to you? Is this a stock you’ve already bought, or it’s on the watch list? And for those who don’t know, iQiyi was essentially spun out of Baidu (NASDAQ:BIDU). So, the Google of China spins out the Netflix of China. And as you said before, it seems like, if nothing else, it’s a win for Baidu shareholders, because Baidu still has the ownership stake.

  • [By Motley Fool Staff]

    In this segment of the Motley Fool Moneypodcast, host Chris Hill and senior Fool analysts Jason Moser, David Kretzmann, and Jeff Fischer put Baidu(NASDAQ:BIDU) under the microscope. The Chinese search leader has a massive presence in the world’s most populous market, and with revenue up 31%, it’s apparent that it is putting its troubles with the government in Beijing in the rearview mirror. But the stock is still only trading for six times revenue. Time to give it a look?

Top 5 China Stocks To Buy Right Now: Focus Media Holding Limited(FMCN)

Advisors’ Opinion:

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

  • [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 5 China Stocks To Buy Right Now: Netease.com Inc.(NTES)

Advisors’ Opinion:

  • [By Leo Sun]

    That expansion can be hard to keep track of, but investors should recognize the five companies which Tencent could hurt: NetEase (NASDAQ:NTES), Weibo (NASDAQ:WB), Baidu (NASDAQ:BIDU), iQiyi (NASDAQ:IQ), and Alibaba (NYSE:BABA).

  • [By Dan Caplinger]

    Thursday was a relatively quiet day on Wall Street, and action in different parts of the market showed mixed signals for investors. On one hand, small-cap stocks moved higher, with key benchmarks in that area hitting record highs. Yet the better-known large-cap stock indexes like the S&P 500 gave up early gains. Looking more closely at individual stocks, some companies suffered from bad news that sent their shares falling. J.C. Penney (NYSE:JCP), NetEase (NASDAQ:NTES), and Jounce Therapeutics (NASDAQ:JNCE) were among the worst performers on the day. Here’s why they did so poorly.

  • [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 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 Leo Sun]

    For comparison, Tencent (NASDAQOTH:TCEHY) and NetEase (NASDAQ:NTES), the two biggest names in Chinese mobile games, trade at about 9 times and 3 times this year’s sales, respectively. Out of the ten highest-grossing Android games in China (according to Newzoo’s April numbers), Tencent and its subsidiaries published six of the titles, while NetEase published three. The only game which didn’t come from those two publishers was 4399’s Dream Journey.

  • [By Leo Sun]

    Shares of NetEase (NASDAQ:NTES) recently tumbled after the Chinese tech company posted mixed first-quarter numbers. Its revenue rose 4% annually to 14.2 billion yuan ($2.3 billion), which beat estimates by $120 million. Unfortunately, its non-GAAP net income plunged 69% to 1.34 billion yuan ($213 million), or $1.61 per diluted ADS (American depositary share) — which missed estimates by 36 cents.

Top 5 China Stocks To Buy Right Now: 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:

    Get Molecular Templates alerts:

    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.

Leave a Reply

Your email address will not be published. Required fields are marked *