Kraneshares recently noted how U.S. brands are increasing sales in China through partnerships with domestic Chinese companies with some high profile US-China partnerships being the following:
- Wal-Mart Stores (NYSE: WMT) & JD.Com (NASDAQ: JD). On June 20, 2016, Wal-Mart announced it was acquiring approximately 5% of JD.com, Alibaba’s chief rival. The strategic alliance was formed to help Wal-Mart access additional consumers across China through a powerful combination of E-Commerce and retail.
- Priceline Group (NASDAQ: PCLN) & Ctrip.Com International Ltd (NASDAQ: CTRP). In August 2014, Priceline invested $500 million in Ctrip through convertible bonds. Zacks Equity Research estimates that Priceline owns as much as 15% of Ctrip. According to Zacks, Priceline’s agreement with Ctrip enables it to share inventory and thereby capture outbound traffic from China.
- Tesla (NASDAQ: TSLA) & Tencent Holdings Ltd (OTCMKTS: TCEHY; OTCMKTS: TCTZF). While Tesla sold $1 billion worth of cars in China last year, recently Tencent took a 5% position to further assist in automotive sales. According to a report from CNBC, Tencent could help Tesla sell – or even build – cars in China, the world’s largest auto market, while Tesla would get a leg up in the self driving car market in China, currently dominated by rival Baidu.
In addition and three years ago, Kraneshares noted how a Chinese company called Shuanghui International Holdings Ltd, now known as WH Group, bought Smithfield Foods – the largest U.S. pork processor.
To read the whole article, From the Midwest to the Middle Kingdom, Putting Business First With China, go to the website of Kraneshares. In addition, check out our China ETF list and our China closed-end fund list.
Similar Posts:
- China Internet Flash Report: 2015 & Beyond + an Overview of 2014 Results (KraneShares)
- China Internet Update (KraneShares)
- Macro Tailwinds That Could Propel China’s Internet Sector (KraneShares)
- Naspers’ Tencent Stake Drives the MSCI South Africa Index’s Returns (KraneShares)
- Podcast: A Beginner’s Guide to Investing in China (KraneShares)
- Wal-mart Goes Native in China (AP)
- Why Tencent’s Golden Share Arrangements Could Be Worse for Investors Than Alibaba’s (China Tech Shorts)
- Tech Sector Can Power Emerging Market Portfolios (FE Trustnet)
- How Does Tencent Compare With World’s Tech Titans? (Forbes)
- DouYu Ends First Day at Its Offer Price in $775 Million IPO (Bloomberg)
- Super Hi International Holding (HKG: 9658 / OTCMKTS: SPHIF): The Largest International Chinese Restaurant Brand Actually from China
- Analyst: Macau Casinos Possible Chinese Buy Out Targets (GGRAsia)
- China & Hong Kong Stock Picks (December 2024)
- Occupy Central Protests Will Hurt These Hong Kong Stocks (SCMP)
- China & Hong Kong Stock Picks (November 2024)
