3 Chinese Stocks to Buy for 100% Returns from Oversold Levels
JD(JD) InvestorPlace·2024-02-23 20:28
Chinese stocks have struggled, as indicated by the downtrend in the Shanghai index. It’s also noteworthy that the index has remained sideways (amid volatility) in the last five years. The reasons for depressed valuations include macroeconomic challenges and geopolitical factors.However, there is no doubt that several quality stocks in the Chinese market have overreacted on the downside. Valuations generally look attractive, and it’s a good time for selected exposure to Chinese stocks.Once the index sentimen ...