A new Exchange-Traded Fund (ETF), the Roundhill China Dragons ETF (DRAG, Financial), has been launched to capture the performance of China's leading large-cap companies. The fund tracks an equal-weight basket of 5 to 10 of China's largest and most innovative tech companies, currently including Tencent (TCEHY), Pinduoduo (PDD), Alibaba (BABA), Meituan (MPNGY), BYD (BYDDY), Xiaomi (XIACY), JD.com (JD), Baidu (BIDU), and NetEase (NTES).At market close, the ETF rose by 0.6%, ending at $25.14. According to Round ...

When looking at the Chinese stock market in the last few days, we see a rather unusual picture. Several stocks were increasing in the high single digits or even double digits for several days in a row. Baidu, Inc. ( My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from larg ...

Honestly, I've never been a huge fan of Chinese ADRs. Even though I've often viewed China as 'cheap,' I was never one of the 'China bulls.' After years of studying Chinese stocks, it's been clear to me that, generally, their governance and capital allocation standards don’t measureHe is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is to provide a one-stop-shop for investment a ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Tencent Holding Ltd. (TCEHY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Tencent Holding Ltd. is a member of ...

China just unveiled a major stimulus plan to turn around its stagnating economy. Will it be enough?Shares of Chinese consumer tech stocks Tencent (TCEHY 6.36%), Tencent Music Entertainment (TME 16.41%), and iQiyi (IQ 12.15%) were rallying on Tuesday, up 6.5%, 15.7%, and 11.7%, respectively, as of 1:15 p.m. ET.On Tuesday, the Chinese government and central bank unveiled the country's biggest stimulus measures since the pandemic. Chinese stocks have been trading cheaply as the country has been experiencing ec ...

A rate cut by the Federal Reserve has made investors think that China's central bank will soon follow suit.Chinese stocks moved higher today after the Federal Reserve's jumbo 50-basis-point interest rate cut prompted investors to bet that China's central bank may follow suit.Shares of the Chinese tech conglomerate Tencent Holdings (TCEHY 3.62%) traded roughly 3.3% higher, as of nearly 1 p.m. ET, while shares of the Chinese online retailer PDD Holdings (PDD 2.66%) traded nearly 2% higher. Meanwhile, shares o ...

Singapore Kicks Off the First Stop of TME's Music Journey to the WorldSHENZHEN, China, Sept. 12, 2024 /PRNewswire/ -- On September 11, 2024, Tencent Music Entertainment Group (TME) announced the launch of its Global Music Outreach Initiative, which will bring together talented Chinese music artists and their works to be showcased on prominent stages worldwide. The initiative will kickstart in Singapore from September 13 to 17, beginning a broader series of music and industry exchange activities around the w ...

Freer Law/iStock Editorial via Getty Images Tencent (OTCPK:TCEHY) has been a strong performer relative to US tech peers, a seemingly unusual occurrence in the recent past. The company continues to represent an enviable collection of businesses spanning across multiple facets of daily Chinese life. However, I am growing concerned about the inability for overall growth rates to accelerate - potentially indicating that the company may have finally reached that inevitable moment where it is simply too big for i ...

Tencent Music Entertainment Group TodayTMETencent Music Entertainment Group$11.17 +0.04 (+0.36%) 52-Week Range$5.96▼$15.77Dividend Yield1.16%P/E Ratio24.28Price Target$12.72Add to WatchlistTencent Music Entertainment Group NYSE: TME is the largest music streaming company in China. The company’s shares have been a bright spot for investors in the country over the past 52 weeks, providing a total return of 84%. Meanwhile, the SPDR S&P China ETF NYSEARCA: GXC has returned -8%.Despite a 15% drop in Tencent shar ...

Good day and good evening. Thank you for standing by. Welcome to Tencent Holdings Limited 2024 Second Quarter Results Announcement Webinar. I'm Wendy Huang from Tencent IR team. At this time, all participants are in a listen-only mode. After management's presentation, there will be a question and answer session. For participants who are dialing by phone, if you wish to ask a question, please press five or read your hands. If you are accessing from the Tencent Meeting for Realty application, please click the ...