Chinese stocks listed in the US trading at steep discounts compared to Nasdaq peers.

From Google: 2024-09-04 06:00:00

China stocks listed in the US are trading at their cheapest levels relative to their Nasdaq peers. This is due to a combination of factors, including the ongoing regulatory crackdown in China and concerns about economic growth. Some Chinese companies are trading at a discount of more than 40% compared to their Nasdaq-listed counterparts.

Investors see this as an opportunity to buy Chinese stocks at attractive valuations. Analysts believe that the recent sell-off in Chinese stocks has created buying opportunities for investors looking to gain exposure to the Chinese market. However, the regulatory uncertainty in China continues to weigh on investor sentiment.

Some of the hardest-hit Chinese companies include Alibaba, JD.com, and Nio. These companies have seen their stock prices plummet in recent months due to concerns about regulatory crackdowns and slowing economic growth in China. Despite this, some investors remain optimistic about the long-term prospects of these companies.

Chinese companies listed in the US are facing increased scrutiny from US regulators. The US Securities and Exchange Commission has recently adopted a rule that would require Chinese companies to disclose their financial information or risk delisting from US exchanges. This has added to the uncertainty surrounding Chinese stocks and has contributed to their discounted valuations.



Read more at Google: China Stocks Listed in US Near Cheapest Ever Versus Nasdaq Peers – Bloomberg