New Silk Road Investment Pte Ltd Buys Ctrip.com International, Weibo Corp, Baozun Inc, Sells Yum China Holdings Inc

• New Purchases: CTRP, WB, BZUN,
• Added Positions: BIDU, VIPS, SOGO,
• Reduced Positions: YUMC, BABA,

For the details of NEW SILK ROAD INVESTMENT PTE LTD's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=NEW+SILK+ROAD+INVESTMENT+PTE+LTD

1. Alibaba Group Holding Ltd (BABA) - 677,332 shares, 41.79% of the total portfolio. Shares reduced by 1.25%
2. Ctrip.com International Ltd (CTRP) - 1,018,590 shares, 14.18% of the total portfolio. New Position
3. Weibo Corp (WB) - 428,600 shares, 11.74% of the total portfolio. New Position
4. Yum China Holdings Inc (YUMC) - 771,644 shares, 10.15% of the total portfolio. Shares reduced by 42.41%
5. HDFC Bank Ltd (HDB) - 254,600 shares, 8.97% of the total portfolio.

New Silk Road Investment Pte Ltd initiated holding in Ctrip.com International Ltd. The purchase prices were between $36.85 and $46.96, with an estimated average price of $40.58. The stock is now traded at around $34.27. The impact to a portfolio due to this purchase was 14.18%. The holding were 1,018,590 shares as of 2018-09-30.

New Silk Road Investment Pte Ltd initiated holding in Weibo Corp. The purchase prices were between $68.72 and $90.97, with an estimated average price of $80.45. The stock is now traded at around $55.66. The impact to a portfolio due to this purchase was 11.74%. The holding were 428,600 shares as of 2018-09-30.

New Silk Road Investment Pte Ltd initiated holding in Baozun Inc. The purchase prices were between $44.41 and $64.22, with an estimated average price of $54.14. The stock is now traded at around $37.74. The impact to a portfolio due to this purchase was 1.67%. The holding were 91,600 shares as of 2018-09-30.

New Silk Road Investment Pte Ltd added to a holding in Baidu Inc by 82.23%. The purchase prices were between $213.47 and $271.45, with an estimated average price of $234.97. The stock is now traded at around $196.77. The impact to a portfolio due to this purchase was 1.39%. The holding were 35,900 shares as of 2018-09-30.

New Silk Road Investment Pte Ltd added to a holding in Vipshop Holdings Ltd by 33.33%. The purchase prices were between $5.86 and $10.99, with an estimated average price of $8.22. The stock is now traded at around $5.02. The impact to a portfolio due to this purchase was 1.05%. The holding were 1,793,793 shares as of 2018-09-30.

New Silk Road Investment Pte Ltd reduced to a holding in Yum China Holdings Inc by 42.41%. The sale prices were between $31.94 and $39.23, with an estimated average price of $35.63. The stock is now traded at around $32.76. The impact to a portfolio due to this sale was -9.18%. New Silk Road Investment Pte Ltd still held 771,644 shares as of 2018-09-30.