For Immediate Release
Chicago, IL - August 17, 2016 - Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. (Please use the Soundcloud link from this URL for the PR. Thanks: https://www.zacks.com/stock/news/272017/a-millennials-view-from-inside-china )
A Millennial's View from Inside China
Welcome to Episode #94 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
In this episode, Tracey is joined by Afree Mian, a former Zacks intern and college student, who just returned from a year of studying in Beijing China. He shares his insights into what Millennials are up to in China.
Social media is everywhere among urban Millennials in China but instead of Facebook and Twitter, they have Weibo (NASDAQ: WB - Free Report ), Tencent's (OTCMKTS: TCEHY - Free Report ) WeChat, which is an instant messaging mobile app, and Baidu's Tieba, an online discussion forum.
Like other Millennials worldwide, Chinese Millennials do everything on their phone, including getting their laundry done, ordering food, and checking messages from friends. Their phone is their life line.
Delivery Is King
Everything is delivered in Beijing, even McDonald's and Burger King. And it's delivered cheaply and quickly.
Western brands have been in the country for decades, with YumChina (NYSE: YUMC - Free Report ) leading the way. Both KFC and Pizza Hut have large market share. Pizza Hut, by the way, serves breakfast in China.
And while Amazon is a small player in China, JD.com (NYSE: JD - Free Report ) is not. If you are among those who think JD.com is just a smaller Alibaba (NASDAQ: BABA - Free Report ), you're not correct. Afree says that's the site where Millennials go when they want something delivered quickly. They don't go to Alibaba.
Who Needs a Credit Card?
Online payments are ubiquitous in China. Many have jumped from cash all the way to online payments, without getting a credit card in between.
That means the online payment operators are seeing big rewards.
Two of the biggest are Tencent's WeChatPay and Alibaba's Alipay. Alipay isn't a one hit wonder either. The company has launched it in other Southeast Asia countries including India, Malaysia and Thailand.
China's Growth Story is Intact
There's been a lot of discussion about a possible bust in the Chinese growth bubble, but construction continues at a quick pace.
Even second and third tier cities are seeing the building of subways and airports now.
If you're an investor looking at the emerging market countries, should China now be high on your list?
Find out on this week's podcast.
Want to Learn How to Trade Options?
Have you always wanted to trade stock options but are unsure where to begin or what to look for?
Each week, Zacks' Dave Bartosiak will bring you a detailed explanation of the trades "live" on YouTube.
Watch him go through the trade as he answers your questions in real time.
Become one of Dave's minions. Join the Zacks Live Trader community today. Click here for a free 14-day trial >>>
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Follow us on Twitter: https://twitter.com/zacksresearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.