For This Pro, China's Slowdown Won't Hold Back These Luxury Stocks
David Herro, manager of the $19.7 billion Oakmark International fund, discusses the possible effect of China's economic slump on luxury stocks he owns.
Source: marketwatch.com
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Pacer Advisors Inc. Increases Stock Position in JD.com, Inc. (NASDAQ:JD)
Pacer Advisors Inc. lifted its holdings in shares of JD.com, Inc. (NASDAQ:JD – Free Report) by 68.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,061 shares of the information services provider’s stock after acquiring an additional 17,932 shares […]
Source: defenseworld.net
H&M blames warm weather for sales slide
But, ‘if the sales at your competitor go up 4% with the same weather, that tells you something’, one analyst says
Source: businesslive.co.za
China's e-commerce discount race puts retailers under pressure
Low-cost consumer exports shake up online shopping globally
Source: businesslive.co.za
Alibaba, JD.com Stocks Slide Amid China Worries as Evergrande Debt Fears Mount
Widely held Chinese stocks like the e-commerce names have been highly sensitive to economic data and news out of the distressed property sector.
Source: marketwatch.com