China Merchants China Direct Investments Ltd. specializes in investments in financial services, culture and media, manufacturing, real estate. The fund primarily invests in companies based in China. It prefers to invest in not more than $10 million in high-tech projects including through initial public offerings and/ or pre-listing placements. The fund also invest around 10 percent of its net asset value in listed shares, including China concept shares, "H" Shares & "B" Shares. The fund as a direct investment fund backed up by China Merchants Group.
Research context
China Merchants China Direct Investments Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
China Merchants China Direct Investments Limited is currently in a long term downtrend where the price is trading 2.5% below its 200 day moving average.
From a valuation standpoint, the stock is 89.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.5.
China Merchants China Direct Investments Limited's total revenue sank by 48.9% to $6M since the same quarter in the previous year.
Its net income has dropped by 263.8% to $-35M since the same quarter in the previous year.
Finally, its free cash flow fell by 435.9% to $-13M since the same quarter in the previous year.
Based on the above factors, China Merchants China Direct Investments Limited gets an overall score of 1/5.