China e-commerce & Internet

China e-commerce & Internet
Components Performance/Risk
Period Return
-10.1%
Return Rank
Subpar
Risk Exposure
Above Average

The junk is a type of an ancient Chinese sailing ship (known since the Han dynasty 220 BCE–200 CE).  From the 10th to the 13th century, the Song dynasty and later in the 14th century the Yuan dynasty relied for both mercantile and military purposes on the very large junks carrying 1000 men (of which 400 men-at-arms and a crew of 600, an unimaginable scale for the European Middle Ages). More on Wikipedia

Our illustration of the junk Keying which travelled from China to the United States and England between 1846 and 1848 is meant as a metaphor of Chinese e-commerce and Internet ambitions to link the world trading routes

The theme is a work-in-progress considering the vast experimental field for on-line services which China has become, usually supported by one of the country's Internet giants, such as Alibaba, Tencent or Baidu

Our notes hope to provide a glimmer of future developments in China, likely to reverberate across the Asian region : a comptetitive challenge for the established Western titans in the making ?

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
Baidu (ADR) BIDU TechnologyInternet - Content Delivery134.8046 B56.1% Neutral Above Average
Tencent Holdings (ADR) TCEHY TechnologyInternet - Content Delivery55.35--12.9% Weak Down Below Average
iQiyi (ADR) IQ TechnologyInternet - Content Delivery1.081.0 B-39.3% Sharp Down Above Average
Sohu.com (ADR) SOHU TechnologyInternet & Mobile Services13.61355 M-1.2% Weak Down Average Risk
VNET Group (ADR) VNET TechnologyInformation Systems & Network Software9.712.6 B25.3% Neutral High Risk
Kingdee International Software (ADR) KGDEY TechnologySoftware - Business Process Mngt78.60--59.9% Sharp Down High Risk
NetEase (ADR) NTES ServicesOn-line Content Services122.7378 B-4.2% Weak Up Below Average
Weibo (ADR) WB ServicesOn-line Content Services7.851.9 B-5.7% Weak Down Average Risk
JOYY (ADR) YY ServicesOn-line Content Services41.552.2 B0.0% Sharp Down Low Risk
Momo (ADR) MOMO ServicesOn-line Content Services5.71927 M-25.9% Weak Down Below Average
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