Best 2016 Ideas Of Chinese Billionaire Investor Zhang Lei

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)

– Shares Owned by Hillhouse as of December 31: 1.12 Million

– Value of Holding as of December 31: $18.93 Million

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) reported earnings of $0.04 per share and revenue of $945.73 million for the third quarter, missing estimates of $0.10 and $955.45 million. However, Hillhouse seemed quite confident in the company’s future, as it started a new position comprising 1.12 million shares. On the opposite, Leon Cooperman’s famed Omega Advisors closed out its position, which comprised 750,000 shares, over the fourth quarter. For the fourth quarter, analysts expect EPS of $0.05 and revenue of $1.07 billion.

Idea #5 Vipshop Holdings Ltd – ADR (NYSE:VIPS)

– Shares Owned by Hillhouse as of December 31: 869,350

– Value of Holding as of December 31: $13.27 Million

Finally, there’s Hillhouse’s stake in Vipshop Holdings Ltd – ADR (NYSE:VIPS), which witnessed a 50% reduction during the last quarter of 2015. In addition, John Burbank’s Passport Capital, which held 9.26 million shares of the company by September 30, sold all of its stock between October and December. Vipshop delivered EPS of $0.12 per share on revenue of $1.36 billion for the September quarter, in line with the Street’s consensus estimate. Analysts have a consensus EPS of $1.06 on revenue of $12.33 billion for the fourth quarter.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.