3 Chinese Consumer Stocks to Buy for the Coming Turnaround

Chinese consumer stocks continue to face a relentless price decline that’s hurting profits. As a result, consumer companies in the MSCI China Index have lost an estimated $157 billion since the end of September. While that’s scary for those companies’ shareholders, it provides an opportunity for risk-tolerant investors willing to jump under a falling knife in search of outsized returns on the rebound of consumer stocks.Will it happen in 2024? Asset managers in China believe that deflation will hurt many of ...