Best China Stocks To Watch Right Now

tags:SOL,CDTI,FMCN,NTES,

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Officials at the Delaware Department of Insurance say they're still reviewing efforts by China Oceanwide Holdings Group Co. Ltd. to acquire Genworth Financial Inc.

China Oceanwide has been trying to acquire Genworth since October. Once challenge the companies have been facing is resistance from the Committee on Foreign Investment in the United States (CFIUS).

(Related: Saving LTCI and 9 Other Top Treasury Life and Annuity Projects)

CFIUS, a secretive agency that reviews international deals for national security concerns, seems to have raised questions about the possibility that China Oceanwide could get access to Genworth policyholders' personal information.

Genworth has been a major provider of life insurance, annuities and stand-alone long-term care insurance.

Delaware officials note Genworth and China Oceanwide are also seeking approvals from other regulators inside and outside the United States as well as from CFIUS.

Best China Stocks To Watch Right Now: Renesola Ltd.(SOL)

Advisors' Opinion:

• [By Joseph Griffin]

  These are some of the media headlines that may have impacted Accern’s scoring:

  Get ReneSola alerts: ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

  Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

Best China Stocks To Watch Right Now: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:

• [By Stephan Byrd]

  Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

  Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

  MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

Best China Stocks To Watch Right Now: Focus Media Holding Limited(FMCN)

Advisors' Opinion:

• [By Stephan Byrd]

  An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

• [By Stephan Byrd]

  An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Best China Stocks To Watch Right Now: Netease.com Inc.(NTES)

Advisors' Opinion:

• [By Ethan Ryder]

  California Public Employees Retirement System lowered its stake in NetEase (NASDAQ:NTES) by 26.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,173 shares of the technology company’s stock after selling 46,859 shares during the period. California Public Employees Retirement System owned approximately 0.10% of NetEase worth $35,938,000 as of its most recent SEC filing.

• [By Ethan Ryder]

  Here are some of the news stories that may have effected Accern Sentiment’s rankings:

  Get NetEase alerts: NetEase Inc (NTES) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com) NetEase Inc (NTES) Sees Significant Growth in Short Interest (americanbankingnews.com) Hot Stock’s Trend Recap �� NetEase Inc (NASDAQ: NTES) (stockspen.com) Switching Three Stocks: The Procter & Gamble Company (NYSE:PG), NetEase, Inc. (NASDAQ:NTES), CBRE Group … (thestreetpoint.com) US benchmarks shake off G7 jitters, ending the day on a positive note (proactiveinvestors.co.uk)

  A number of equities research analysts have issued reports on the stock. BidaskClub lowered shares of NetEase from a “hold” rating to a “sell” rating in a report on Tuesday, March 27th. Jefferies Financial Group cut their price target on shares of NetEase from $335.00 to $310.00 and set a “hold” rating on the stock in a report on Tuesday, April 10th. JPMorgan Chase & Co. assumed coverage on shares of NetEase in a report on Thursday, April 12th. They issued an “underweight” rating and a $240.00 price target on the stock. Zacks Investment Research raised shares of NetEase from a “sell” rating to a “hold” rating in a report on Thursday, March 8th. Finally, Daiwa Capital Markets raised shares of NetEase from a “neutral” rating to a “buy” rating in a report on Thursday, May 17th. Four research analysts have rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $327.21.

• [By Harsh Chauhan]

  Over the years, NetEase (NASDAQ:NTES) has made the most of the opportunities presented by China's mobile and online gaming market, and has also diversified into fast-growing verticals like ecommerce to supercharge its prospects. Not surprisingly, NetEase investors have been a happy lot, as their investment in the Chinese internet specialist has experienced five�straight years of double-digit percentage gains.

• [By Max Byerly]

  KAMES CAPITAL plc decreased its holdings in shares of NetEase (NASDAQ:NTES) by 68.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,800 shares of the technology company’s stock after selling 39,277 shares during the period. KAMES CAPITAL plc’s holdings in NetEase were worth $4,991,000 at the end of the most recent reporting period.