The 3 Most Undervalued Chinese Stocks to Buy in July 2024

The iShares MSCI China ETF (NASDAQ:MCHI) has surged by more than 8% in the past six months, suggesting that investors have gained renewed optimism about Chinese stocks. Despite having my reservations, I share investors’ current sentiment as I believe China’s leading emerging market status provides it with an edge, meaning systematic support is likely.Although highly lucrative at times, Chinese stocks can face severe drawdowns due to opaque government policies, unconsolidated industries and fierce sectoral c ...