5 Best Chinese Stocks To Invest In: This Tiger Hedge Fund Just Bought Them

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In New Oriental Education & Tech Grp (ADR) (NYSE:EDU), Tiger pacific Capital acquired 65,000 shares worth $2.7 million during the fourth quarter. The provider of private educational services in China had more than 1.3 million enrollments (up by 56% on the year) in the second quarter of fiscal 2017 ended November 30, and has a competitive advantage in the form of a strong brand name, extensive geographical presence and a number of educational programs. This quarter, the management expects revenue in between $409 million and $422 million. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) has an average ‘Buy’ recommendation from 18 analysts covering the stock. New Oriental’s  stock has gained 59% over the last year. At the end of the third quarter, 20 funds from our database held shares worth $288 million in aggregate, representing 2.9% of the total outstanding stock.

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Tiger Pacific Capital bought 97,030 shares of Baozun Inc (ADR) (NASDAQ:BZUN) worth $1.17 million during the last quarter. Baozun Inc (ADR) (NASDAQ:BZUN) is a leading, digital and e-commerce service partner in China backed by the Alibaba Group Holding Ltd (NYSE:BABA). The company has a market capitalization of $802 million and its stock has returned an astounding 141% over the last year. Nine funds tracked by us were bullish on Baozun Inc (ADR) (NASDAQ:BZUN) heading into the fourth quarter of 2016, up by three over the quarter.

Disclosure: None

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