UG Investment Advisers Ltd. Buys Tencent Music Entertainment Group, Sells Alibaba Group Holding, JD.com Inc

Investment company UG Investment Advisers Ltd. buys Tencent Music Entertainment Group, sells Alibaba Group Holding, JD.com Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, UG Investment Advisers Ltd.. As of 2019Q1, UG Investment Advisers Ltd. owns 5 stocks with a total value of $36 million. These are the details of the buys and sells.
  • New Purchases: TME,
  • Reduced Positions: BABA, JD,

For the details of UG Investment Advisers Ltd.'s stock buys and sells, go to https://www.gurufocus.com/guru/ug+investment+advisers+ltd./current-portfolio/portfolio

These are the top 5 holdings of UG Investment Advisers Ltd.
  1. Alibaba Group Holding Ltd (BABA) - 110,031 shares, 55.42% of the total portfolio. Shares reduced by 28.56%
  2. JD.com Inc (JD) - 431,753 shares, 35.93% of the total portfolio. Shares reduced by 28.84%
  3. Qudian Inc (QD) - 524,698 shares, 7.33% of the total portfolio.
  4. Sea Ltd (SE) - 20,000 shares, 1.30% of the total portfolio.
  5. Tencent Music Entertainment Group (TME) - 436 shares, 0.02% of the total portfolio. New Position
New Purchase: Tencent Music Entertainment Group (TME)

UG Investment Advisers Ltd. initiated holding in Tencent Music Entertainment Group. The purchase prices were between $12.2 and $19.11, with an estimated average price of $15.9. The stock is now traded at around $16.00. The impact to a portfolio due to this purchase was 0.02%. The holding were 436 shares as of .



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