JD, BABA, or LI: Which Chinese Stock is a Top Pick Amid a Steep Pullback?
November 21 2022 - 09:59AM
TipRanks
This year has been quite brutal for Chinese stocks. Delisting
concerns, slowdown in the Chinese economy, supply chain disruptions
triggered by COVID restrictions, regulatory pressures, and the
tension between the U.S. and China have dragged down Chinese
stocks. Amid the ongoing uncertainty due to COVID fears in China,
we used TipRanks’ Stock Comparison Tool to place JD.com
(NASDAQ:JD), Alibaba (NYSE:BABA), and Li Auto (NASDAQ:LI) against
each other to pick the most attractive stock. JD.com (JD) Stock
JD.com, one of China’s leading e-commerce retailers, generated
accelerated revenue growth in Q3 2022 after reporting its slowest
year-over-year revenue growth of 5.4% in Q2. The company’s Q2
revenue increased 11.4% to RMB 243.
https://www.tipranks.com/news/article/jd-baba-or-li-which-chinese-stock-is-a-top-pick-amid-a-steep-pullback?utm_source=advfn.com&utm_medium=referral
Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
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