{"id":54831,"date":"2019-03-15T23:37:53","date_gmt":"2019-03-15T23:37:53","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=54831"},"modified":"2019-03-19T19:00:23","modified_gmt":"2019-03-19T19:00:23","slug":"the-growing-role-of-asia-in-the-world","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/the-growing-role-of-asia-in-the-world\/","title":{"rendered":"Top Chinese Stocks to Buy in 2019 – Growing Chinese Companies"},"content":{"rendered":"

BAT refers to Baidu.com (BIDU-Q)<\/a>,Tencent Holdings Ltd (0700-HK)<\/a>, Alibaba Group Holding (BABA-N)<\/a> that is often compared to the FANG stocks (Facebook (FB)<\/a>, Amazon (AMZN)<\/a>, Netflix (NFLX)<\/a>, and Alphabet (GOOG)<\/a>.<\/p>\n

These three stocks large Chinese internet stocks have a large domestic markets so they can pull ahead of some American firms in some areas. The other stock suggestions are also Chinese stocks, but alternatives to tech.<\/p>\n

Here are the top growing Chinese companies.<\/p>\n

⚡Energy<\/strong><\/p>\n

Sinopec Shanghai Petrochemical (SHI-N)<\/a>
\nChina’s largest petrochemical company. They synthesize materials from crude oil. Their 9-months net profit is up 13.6% year to year.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Sinopec\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSinopec Shanghai Petrochemical (SHI)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about SHI: Chart shows a bottom at around $25 in 2012 and it now looks like it is trying to form a modified \u201ccup and handle\u201d and\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

PetroChina (PTR-N)<\/a>
\nThey are a producer and distributor of oil and gas out of China. They also engage in exploration. They are state backed and so they have some stability. Their net profits for 2018 and expected to rise.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"PetroChina\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tPetroChina (PTR)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about PTR: PE is under 10. Yield is about 7.5%. Good price. Has reasonable corporate governance. Expert opinions on PetroChina (PTR) \u2014 buy,\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

💻 Technology<\/strong><\/p>\n

Alibaba Group Holding (BABA-N)<\/a>
\nAn e-commerce site that is China\u2019s answer to Amazon. They also have a payments service, Alipay, and have entered the financial business. They also offering cloud<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Alibaba\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAlibaba Group Holding (BABA)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about BABA: Good time to enter in light of recent Chinese stimulus? Short answer is yes, he likes it. He was selling into strength a few\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Tencent Holdings Ltd (0700-HK)<\/a>
\nThey own WeChat, which is a ubiquitous messaging application in China and Asia. They\u2019re also working on creating an \u201capp for everyone\u201d through WeChat, where users can pay, and online gaming, among other features.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Tencent\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tTencent Holdings Ltd (TCEHY)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about TCEHY: He owns this one -- about 1% of his portfolio. He has a price target of $53.70 US. It is undervalued. It is the largest online\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Baidu.com (BIDU-Q)<\/a>
\nChina\u2019s largest search engine. With Google leaving China in 2010, the Chinese company has grown in an almost monopolistic way. It controls about 80% of the Chinese market. Baidu is similar to Google in the way that they offer other services, such as maps, social media, music, artificial intelligence, etc.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Baidu.com\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tBaidu.com (BIDU)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about BIDU: She likes this company. It is basically the Yahoo of China. Until very recently, the last couple of quarters, they were really\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

📱 Telecommunications<\/strong><\/p>\n

China Mobile Hong Kong (CHL-N)<\/a>
\nThey offer telecommunications and internet-related services in Mainland China and Hong Kong. They offer these services in all cities, and counties in their service area, and they are investing in their 4G network now.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"China\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tChina Mobile Hong Kong (CHL)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about CHL: Has more cash than it has debt outstanding so the balance sheet is very solid. Fairly recently, from a context of a slowing China,\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

🏛 Financials<\/strong><\/p>\n

Ping An Insurance Group (2318-HK)<\/a>
\nThey are a personal financial services provider offering products and services in insurance, banking, investment, and Internet finance. They are also an asset manager, including investment, trading and brokerage. They recently announced a share repurchase plan, and their net profits rose year to year.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Ping\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tPing An Insurance Group (2318.HK)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about 2318.HK: This is the largest life insurance company in China. It is a diversified, with 2\/3 of their business life and nonlife, but\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

China Construction Bank Corp (0939-HK)<\/a>
\nA commercial bank that operates through corporate banking businesses. They operate domestically and overseas. They had a shake-up in the executive composition late last year but profits are up, and they are still investing heavily, especially with the Chinese government.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"China\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tChina Construction Bank Corp (0939.HK)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about 0939.HK: Has looked at this a little. One thing that worries him about the Chinese is the inter-banking market, i.e., the banks lending\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Industrial & Commercial Bank of China Ltd (1398-HK)<\/a>
\nThis is one of the \u201cBig Four\u201d state-owned commercial banks, and is the biggest bank in China. They are also the largest bank worldwide by total assets, customers, and employees. They invest heavily in government projects and in growing areas of the Chinese economy, as well as overseas. They operate in three segments: Corporate Banking, Personal banking and Treasury.<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Industrial\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tIndustrial & Commercial Bank of China Ltd (1398.HK)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about 1398.HK: Fundamentally, do you really want to own Chinese banks here right now? A lot of the big banks in China actually have big\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BAT refers to Baidu.com (BIDU-Q),Tencent Holdings Ltd (0700-HK), Alibaba Group Holding (BABA-N) that is often compared to the FANG stocks (Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG). These three stocks large Chinese internet stocks have a large domestic […]<\/p>\n","protected":false},"author":9,"featured_media":55416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[17],"tags":[],"class_list":["post-54831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lists"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/54831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=54831"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/54831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/55416"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=54831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=54831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=54831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}