Top Beaten-Down Chinese Stocks to Buy Right Now
Top Beaten-Down Chinese Stocks to Buy Right Now
Reasons to buy $Alibaba(BABA)$
Alibaba Group Holding Limited ( BABA ) : Leader in the Chinese e-commerce market, strong track record of innovation and growth.
JD.com, Inc. ( JD ) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market
Baidu, Inc.( BIDU ) : Dominant player in the Chinese search market, strong track record of innovation, expanding into new markets, such as cloud computing and artificial intelligence
BZUN X, Inc. ( BZUN ) : Rapidly growing company with a strong market position, benefiting from the growth of the Chinese fintech market
I would recommend allocating your funds as follows:
$Alibaba(BABA)$ : 40%
$JD.com(JD)$ : 30%
$Baidu(BIDU)$ : 20%
$Baozun(BZUN)$ : 10%
This Chinese portfolio is designed to provide you with exposure to the Chinese stock market while also diversifying your risk. BABA is the largest company in the Chinese e-commerce market and has a strong track record of innovation and growth. JD is another well-established e-commerce company with a strong market position. BIDU is the leading search engine in China and is also expanding into new markets, such as cloud computing and artificial intelligence. BZUN is a rapidly growing fintech company with a strong market position.
I believe that this portfolio is a good investment for the long term. The Chinese economy is growing rapidly and is expected to continue to grow in the years to come. This growth is being driven by a number of factors, including an expanding middle class, rising urbanization, and increasing consumer spending. As the Chinese economy grows, so too will the Chinese stock market.
I recommend you should consider your own individual circumstances and risk tolerance before making any investment decisions.
Source: tradingview
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