HULT Private Capital See Investors Looking East For Stock Portfolios

LONDON - Dec. 1, 2021 - PRLog -- HULT Private Capital have said that their clients are seeing the present as the best time for investment in Asian technology stocks.

Despite the regulatory risks, HULT Private Capital's analysts have earmarked eight stocks worth following:

1. Alibaba
2. Tencent Holdings
3. Baidu
4. JD.com
5. KE Holdings
6. Sea Limited
7. Pinduoduo
8. Meituan

Though the Chinese government has strengthened its hold in several economic sectors, including internet stocks, which spawned a significant selloff of some U.S.-listed company shares in late summer, there are some very attractive opportunities to be had. Stock market spectators have declared now is a great opportunity to buy into the above eight stocks. HULT Private Capital's Alex Mckenzie said, "The selloff caused by the Chinese governmental moves has made these internet stocks more attractive. They are now priced where their valuations are at their most attractive levels in quite some time. This current pricing makes them good buy-and-hold's for patient investors."

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/) analysts, it seems as if the market is not giving Alibaba any value for its stake in the Ant Group or its cloud business that could eventually be as important as AWS.

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 1/3^rd 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/) sees as China's more influential internet company.  Tencent has intertwined itself into every fiber of China's digital fabric.  Tencent is a key player in Chinese entertainment, artificial intelligence, and other technologies which push it forward.  The combination puts it among the largest global social media, venture capital, and investment corporations. Tencent is the parent of the WeChat messaging service and the Q.Q. web portal. Its scale and reach are amazing; just Tencent's music services have more than 700 million active users, with 120 million of those as paying subscribers.

HULT Private Capital (https://www.hultprivatecapital.com/) also sees Baidu as one of the most overlooked internet stocks in China. The multinational technology company is similar to Google (Alphabet), and specializes in Internet-related services and products as well as artificial intelligence.  Its self-named search engine is in the sixth position of all site rankings.

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."