Three Chinese stocks defying struggling economy, Yum China Holdings and H World Group thriving.

From InvestorPlace: 2024-06-27 16:02:04

Chinese stocks are struggling, but there are exceptions. Yum China Holdings (YUMC) reported solid Q1 2024 results, with growth in total revenues and earnings per share. They plan to return $1.5 billion to shareholders. H World Group (HTHT) is thriving, with more hotel openings and higher revenues in Q1 2024. PDD Holdings (PDD) faces challenges due to potential tariffs and regulatory risks, but trades at a lower multiple than average Nasdaq 100 stocks.



Read more at InvestorPlace: 3 Chinese Stocks Still Thriving in China’s Struggling Economy