Invest in Tencent Holdings Limited (TCEHY), NetEase, Inc. (NTES), and JD.com, Inc. (JD) before June.

From Barchart: 2024-06-28 17:25:09

China’s economic recovery is on track in Q2 2024, driven by strong exports and policy initiatives. Consider investing in Tencent Holdings Limited (TCEHY), NetEase, Inc. (NTES), and JD.com, Inc. (JD). China’s GDP grew by 5.3% in Q1, beating forecasts. Industrial sector saw profit increase in April, with solid retail sales and industrial output growth in May. Beijing targets nearly 5% growth for 2024. TCEHY reports strong financials and growth projections for Q2, with a Buy rating. NTES secures publishing deals with Blizzard Entertainment and Microsoft Gaming, also reports growth in Q1. JD.com, Inc. (JD) shows financial improvements in Q1, with revenue and EPS growth projected for Q2. All three China stocks have solid prospects. JD.com, Inc. (JD) has a Buy rating with growth potential.



Read more at Barchart: 3 China Stocks to Buy Before June Ends