Best Asian Stocks to Buy Now According to Tiger Pacific Capital

#3 Noah Holdings Limited (ADR) (NYSE:NOAH)

– Shares Owned by Tiger Pacific Capital (as of December 31): 877,997

– Value of Holding (as of December 31): $24.52 million

Moving on to Tiger Pacific Capital’s third-largest equity holding, Noah Holdings Limited (ADR) (NYSE:NOAH). During the last five months, shares of the wealth management company have gone through an inverted-V shaped stretch. According to technical analysts, this suggests that if the stock can hold on to the sub-$20 lows it made last September, it can move higher in the short-term. However, fundamental analysts don’t agree with that. They cite the weakness in the Chinese economy, an expected correction in the renminbi, and Noah Holdings Limited (ADR) (NYSE:NOAH)’s exposure to Chinese real estate as reasons why shares of the company could fall further in the foreseeable future. David Kowitz and Sheldon Kasowitz‘s Indus Capital reduced its stake in the company by 30% to 368,000 shares during the fourth quarter.

#2 Vipshop Holdings Ltd – ADR (NYSE:VIPS)

– Shares Owned by Tiger Pacific Capital (as of December 31): 1.66 million

– Value of Holding (as of December 31): $25.35 million

Shares of Vipshop Holdings Ltd – ADR (NYSE:VIPS) have fallen by over 40% since November 12, when the online discount retailer reported dismal preliminary third quarter results. With an RSI reading of 24.11, technical analysts think that the stock has now entered into oversold territory and could jump up on the back of a catalyst. That catalyst may very well be the company’s fourth quarter financial results, which are scheduled to be reported next week. Analysts project Vipshop Holdings Ltd – ADR (NYSE:VIPS) to report EPS of $1.06 on revenue of $12.33 billion for the quarter, a gargantuan leap from the EPS of $0.12 on revenue of $1.36 billion that it reported for the same quarter of the previous year.

#1 Autohome Inc (ADR) (NYSE:ATHM)

– Shares Owned by Tiger Pacific Capital (as of December 31): 1.02 million

– Value of Holding (as of December 31): $35.71 million

Finally, let’s analyze Tiger Pacific Capital’s top stock pick Autohome Inc (ADR) (NYSE:ATHM). Although shares of the automotive website have been drifting lower since the second quarter of 2015, the recent fall in Chinese equities seems to have aggravated their decline. The company has lost more than half of its market capitalization since May of last year and its stock is trading near its all-time low as a result. However, most analysts who cover the stock remain bullish on it, with an average rating of ‘Overweight’ and an average price target of $36.07, which represents potential upside of over 50% from the stock’s current price. On January 27, analysts at HSBC initiated coverage on Autohome Inc (ADR) (NYSE:ATHM) with a ‘Buy’ rating and $34 price target.

Disclosure: None