1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7942) 

Baron Funds Comments on Haitong Securities Co.

May 29, 2014 | About:

Haitong Securities Co., Ltd. (SHSE:600837) is a leading securities and brokerage firm in China. Shares were weak during the first quarter due to macro concerns over rising non-performing loans in the Chinese banking system, which could lead to a more pronounced credit contraction. We believe Haitong is well-positioned to gain for many years as credit allocation in China undergoes a secular shift from a state-bank sponsored system driven by political relationships to a more market-driven and credit sensitive system increasingly administered by the securities industry.

From Baron Funds' first quarter 2014 commentary.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


jan.ellsbergerHernhag rev5
jan.ellsbergerHernhag rev4
jan.ellsbergerHernhag rev3
jan.ellsbergerHernhag rev2
jan.ellsbergerHernhag
BoubaPFS Value Sector
18th_bronzemanzz_ultra_alpha_w_div_conservat
eae010Forward Growth Edited
bpatton23L/Cap value
AJPringAP screen102017 NO LOW
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK