HULT Private Capital See Investors Looking East For Stock Portfolios
Despite the regulatory risks, HULT Private Capital's analysts have earmarked eight stocks worth following:
Whilst all of the stocks have the potential for significant profits, HULT Private Capital sees Alibaba as the one with the highest potential. HULT's Mckenzie said that, "Alibaba offers the best opportunity. It is not just a good Chinese company, but its reach is beginning to spread across the world. Its dominant Chinese position gives it a huge base, but the international growth potential is unmatched by any internet company, including Amazon." It has fallen for over a year to its current spot at $137. According to HULT Private Capital, despite BABA losing some market share to competitors, it remains in a position of dominance in the Chinese e-commerce market, which still has significant growth potential. According to HULT Private Capital (https://www.hultprivatecapital.com/)
Just Alibaba's cloud group will take in $12 billion this year and make it the number one cloud service provider in China. Added to cloud is the 33% stake in the Ant Group, which runs Alipay, China's largest digital payment platform. It is like having AWS with a 1/3rd stake in Paypal in the second-largest economy in the world that is growing faster than the U.S.; not a bad combination.
Alibaba has had experience with Chinese governmental issues. They had been fined $2.8 billion earlier in the year after an anti-monopoly probe, which caused co-founder, Jack Ma, to excuse himself from public view.
The list of eight is filled with tech companies because they have found their way into nearly every part of the Chinese economy and for this reason have become too important to be ignored. Any investor in China would be remiss to overlook this sector.
Other highlights from the list are Tencent, which HULT Private Capital (https://www.hultprivatecapital.com/)
HULT Private Capital (https://www.hultprivatecapital.com/)
HULT sees the market movement in Asia as signs that there are great things for the economy on the horizon, McKenzie said, "Our investors have access to great opportunities, and they are consistently seeing superior returns."
The Press Team, HULT Private Capital