Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



4 Chinese Stocks That Soared Last Week

It was a good week for investors in many of China's publicly traded growth companies. Several of the country's growth darlings came through with double-digit percentage gains as investors flocked back into Chinese equities. Let's check out some of the shining stars that came through with big moves last week. 

Company June 13 Weekly Gain (NYSE: WUBA  ) $46.66 14%
Dangdang (NYSE: DANG  ) $11.73 13%
Youku Tudou (NYSE: YOKU  ) $21.38 12%
Home Inns & Hotels (NASDAQ: HMIN  ) $33.78 10%

Source: Barron's.

Let's start with The exchange-traded rookie has only been on the market since last October, but it's been on a tear. The leading online marketplace provider has seen its stock nearly triple from its $17 IPO price. The company that some call the Craigslist of China saw revenue more than double in its latest quarter. It has posted profits in its first two quarters as a public company. There hasn't been any company-specific news to propel the shares higher beyond last month's blowout quarterly report, but the stock has still managed to move higher in seven of the past eight trading days.

E-Commerce China Dangdang is an online retailer that got its start selling books before moving on to sell more general merchandise. Unlike, which helps sellers match up with buyers, Dangdang sells its own wares to consumers. Revenue inched just 30% higher in its latest quarter, and it's now closing in on profitability. 

There wasn't any company-specific news out for Dangdang, either, but one possible catalyst for the double-digit upticks was Barclays initiating coverage of Vipshop (NYSE: VIPS  ) with a buy rating last week. Vipshop has been the rock star among China's publicly traded online platforms, using the Groupon-like flash-sale model to sell brand-name apparel. Growth and profitability have been stellar, and Barclays is going with a price target of $228 for Vipshop.

Youku Tudou is the combination of Youku and Tudou, two of China's most popular video streaming websites that merged two summers ago. Beyond HSBC upgrading Youku Tudou late last month, there hasn't been a lot of bullish updates out of the company. This morning it did announce a bigger push into original content -- a total of 20 self-produced reality shows, talk shows, and drama series that will hit its site later this year -- but naturally that wouldn't have played a part in last week's move higher. 

Home Inns is the one company on this list that isn't a website operator. True to its name, it operates 2,241 hotels across the Home Inn, Motel 168, and Yitel brands across China. Top-line growth has slowed as it has matured. Revenue rose a mere 5% in its most recent quarter. Its occupancy rate has slipped from 83.6% a year earlier to 81.3% now. It was upgraded by Macquarie late last month, but it too didn't have any material developments to back its spike this past week.

Then again, the lack of material news driving all four stocks to double-digit percentage gains is also news in itself. Investors are growing comfortable with buying back into China's consumer-facing companies. The volatility will continue, but at least the four stocks won the latest round of trading.

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2995378, ~/Articles/ArticleHandler.aspx, 8/30/2015 8:52:36 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Rick Munarriz

Rick has been writing for Motley Fool since 1995 where he's a Consumer and Tech Stocks Specialist. Yes, that's a long time. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. He earned his BBA and MBA from the University of Miami, and he now lives a block from his alma mater.

Today's Market

updated 1 day ago Sponsored by:
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 1.21 0.06%
NASD 4,828.33 15.62 0.32%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/28/2015 4:02 PM
DANG $6.15 Down -0.21 -3.30%
E-Commerce China D… CAPS Rating: **
HMIN $26.70 Down -0.80 -2.91%
Home Inns & Hotels… CAPS Rating: **
WUBA $46.12 Down -2.04 -4.24% CAPS Rating: *
YOKU $17.61 Up +0.02 +0.11% Inc. CAPS Rating: *
VIPS $19.03 Down -0.86 -4.32%