Posted in company, funds, sectors, tickers

China-backed Companies

Companies linked to Chinese finances and/or listed on international and local bourses are more cautious and accountable to identify any adverse market results. Jabil Circuit Inc (JBL) is one such dividend-paying circuit boards maker with an estimated 20% to 15% of total revenues coming from the Chinese market.

Microsoft Corp (MSFT) started the year with lower sales of business software licenses in China, Japan, Russia and a 4% loss from strong U.S. dollar exchange rates. Restructuring started in the quarter ended December 31. It became clear that consumers were buying cheaper products. The software giant raised its sales tax in Japan.



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