Chinese stocks like Miniso Group, Baidu, and BYD are undervalued and poised for growth.
From InvestorPlace: 2024-07-02 15:29:14
Investing in Chinese stocks offers strategic diversification and potential long-term gains. Despite recent challenges, Chinese stocks are undervalued and poised for growth. Billionaire Ray Dalio endorses Chinese markets, highlighting their appeal. Consider investing in Miniso Group, Baidu, and BYD for robust gains in this segment. Miniso Group shows impressive sales and EBITDA growth, while Baidu excels in AI and cloud services. BYD leads in EV sales and profitability metrics compared to Tesla, making it a strong buy for long-term growth.
Read more at InvestorPlace: The 3 Best Chinese Stocks to Buy in July 2024