5 Chinese Stocks to Buy According to Jonathan Guo’s Yiheng Capital

4. Huazhu Group Limited (NASDAQ:HTHT)

Guo’s Stake Value: $162.1 million
Percentage of Jonathan Guo’s 13F Portfolio: 6.52%
Number of Hedge Fund Holders: 27

Huazhu Group Limited (NASDAQ:HTHT) is a hotel management company based in Shanghai, China. The company provides services ranging from hotel leasing, direct hotel operation, and co-development services. Ranked fourth on the list of the 10 Chinese stocks to buy according to Jonathan Guo’s Yiheng Capital, Huazhu Group Limited (NASDAQ:HTHT) has a market capitalization of $15.24 billion.

At present, Jonathan Guo’s Yiheng Capital holds over 3.07 million shares of Huazhu Group Limited (NASDAQ:HTHT) worth $162.1 million, representing 6.52% of the fund’s total portfolio. On August 24, the company released its financial report for the second quarter of 2021, with reported revenues at $556 million, an increase of 84% on a year-over-year basis, though it missed the estimated revenue mark by $6.99 million.

Out of the hedge funds being tracked by Insider Monkey’s database, Australia-based investment firm Platinum Asset Management is a leading shareholder in Huazhu Group Limited (NASDAQ:HTHT) with over 1.79 million shares worth more than $94.6 million.