U.S. Markets open in 8 hrs 5 mins

AIA International Ltd Buys Pinduoduo Inc

- By insider

Investment company AIA International Ltd buys Pinduoduo Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, AIA International Ltd. As of 2019Q1, AIA International Ltd owns 7 stocks with a total value of $405 million. These are the details of the buys and sells.

  • New Purchases: PDD,
  • Added Positions: BABA,

For the details of AIA International Ltd's stock buys and sells,
go to https://www.gurufocus.com/guru/aia+international+ltd/current-portfolio/portfolio

These are the top 5 holdings of AIA International Ltd

  1. Alibaba Group Holding Ltd (BABA) - 1,715,574 shares, 75.31% of the total portfolio. Shares added by 16.11%
  2. Baidu Inc (BIDU) - 326,553 shares, 13.24% of the total portfolio.
  3. Pinduoduo Inc (PDD) - 766,000 shares, 4.41% of the total portfolio. New Position
  4. JD.com Inc (JD) - 376,264 shares, 2.73% of the total portfolio.
  5. Ctrip.com International Ltd (CTRP) - 217,770 shares, 2.34% of the total portfolio.

New Purchase: Pinduoduo Inc (PDD)

AIA International Ltd initiated holding in Pinduoduo Inc. The purchase prices were between $21.52 and $31.14, with an estimated average price of $26.74. The stock is now traded at around $23.13. The impact to a portfolio due to this purchase was 4.41%. The holding were 766,000 shares as of .

Here is the complete portfolio of AIA International Ltd. Also check out:

1. AIA International Ltd's Undervalued Stocks

2. AIA International Ltd's Top Growth Companies, and

3. AIA International Ltd's High Yield stocks

4. Stocks that AIA International Ltd keeps buyingThis article first appeared on GuruFocus.