china Archives - Page 3 of 10 - Runnymede Capital Management

Peter Frankopan on China’s Transformation and Why We Need to Pay Attention

In the last decade, not one of the fastest growing economies was located in the western hemisphere. Peter Frankopan, Professor of Global History at Oxford University, discusses China's transformational changes and why we must pay attention.

Alibaba sets a new sales record on Singles’ Day

Alibaba had another incredible sales day with a reported $30.8 billion in sales in 24 hours, its 10th annual Singles' Day sale. The growth actually slowed to 27% which was the slowest growth for the Chinese internet giant. The sales number dwarfs the revenue from all US retailers during Black Friday ($5 billion in 2017), Cyber Monday ($6.6 billion in 2017) and Amazon Prime Day ($4.7 billion in 2018) combined. That is an incredible feat and shows the power of the Chinese consumers.

Trump threatens tariffs on all Chinese imports

Today President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise. This is a shocking comment but likely only rhetoric. The stock market shrugged it off and the S&P 500 is flat on the day.

Tidal wave of fund flows heading for mainland China

We all know that China has risen to the 2nd largest economy in the world; however how many China A-Share stocks do you own? The answer may surprise you. The answer is likely none. Even if you own an international ETF or mutual fund, the fact is that the main benchmark index MSCI doesn't include any China A-Share stocks from the Shanghai or Shenzhen exchanges, the 3rd and 8th largest in the world.

An epic infographic explaining Alibaba

In a recent US poll, 88% of respondents said that they had never heard of Alibaba. If you are one of those who don't know the Chinese e-commerce giant, then you can have a quick primer with this epic infographic from 16best.net. Here are a few interesting facts before you dive in:

Alibaba has a market capitalization of $511 billion as of 3/16/18, just a hair less than Facebook's $535 billion.
Alibaba has 528 million mobile active users.
Interestingly 11.1% of Alibaba's visitors are from the US.
CEO/Founder Jack Ma set up Alibaba with $60k that he borrowed from 18 people. At the end of 2017, the company employed over 50,000 people.
The company sold over $25 billion in just one day on Singles Day.

Is the Year of the Dog bullish or bearish for the market?

Today marks the New Year of lunar calendar. We turn the page on the Year of the Rooster and welcome the Year of the (Earth) Dog. Some famous dogs are Winston Churchill, Mother Teresa, Elvis Presley, President Donald Trump, former Presidents Bill Clinton and George W Bush, Michael Jackson, Madonna and Steven Spielberg. Clearly lots of creative people and powerful leaders, but that isn't important to us. We wonder what the Year of the Dog has in store for the stock market.