From Nasdaq:

Chinese stocks have been battered, but Wall Street analysts view some as intriguing investments despite geopolitical risks and economic headwinds. Talks of China stimulus offer hope for the economy and bruised stocks. Analysts suggest PDD Holdings, Alibaba, and Baidu as potential gainers in 2024. PDD stock is a Strong Buy with a $175.47 price target. Alibaba stock is a Strong Buy with an average price target of $118.60. Baidu stock is a Strong Buy with an average price target of $165.28. These stocks may be deep value plays amidst continued turbulence and negative economic headlines, with analysts seeing the most upside potential in BABA (61.2%) for the year ahead.



Read more: PDD, BABA, BIDU: Which Chinese Stock Do Analysts Like Most?