Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
2022 Santa Claus Rally: Happy ending or losing faith?
Views 704K Contents 64

Common characteristics of the September financial quarter performance of China Concept Shares 2: Slow down the pace of investment

The major feature of Chinese funded technology enterprises is that they hold a large amount of investment and are important investors in venture capital and start-up projects.

The cash and investment assets of $PDD Holdings(PDD.US)$ , $NetEase(NTES.US)$ , $Baidu(BIDU.US)$ , $Tencent(TCEHY.US)$ and $Meituan Unsponsored ADR Class B RegS(MPNGY.US)$ accounted for more than 64% of the total assets;

$Alibaba(BABA.US)$ and $JD.com(JD.US)$ have not reached 60%, but they have also reached about 50%;

In contrast, the proportion of cash and investment of American Internet giants is between 27% and 48%.
Common characteristics of the September financial quarter performance of China Concept Shares 2: Slow down the pace of investment
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
4
+0
3
Translate
Report
119K Views
Comment
Sign in to post a comment
1258Followers
8Following
8742Visitors
Follow