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A Chinese Growth Stock No One Is Paying Attention To


A Chinese Growth Stock No One Is Paying Attention To

Investors in China know all the big names by now. Baidu (NASDAQ: BIDU) is the dominant search engine, Tencent (NASDAQOTH: TCEHY) seems to have its hand in everything, and JD (NASDAQ: JD) is the growing force for vertically integrated e-commerce.

On average, these three have a market cap of $215 billion, and 14 analysts covering them on a quarterly basis. Over the past three years, they have returned an average of 85%, handily beating the broader market. They also have high expectations baked in: JD and Tencent fetch multiples above 40.

Traffic in Hong Kong. Image source: Getty Images.

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Source: Fool.com

Bitauto Holdings Ltd ADR Stock

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The price for the Bitauto Holdings Ltd ADR stock decreased slightly today. Compared to yesterday there is a change of €0.30 (-0.720%).

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