The regulatory crackdown in China has recently intensified across various sectors. This has also led to investor skepticism in regards to Chinese stocks. Using the TipRanks database, let's look at some Chinese stocks that still rate as a Buy from analysts. I am neutral about all the stocks listed in this article. Alibaba (BABA) Alibaba’s shares have fallen 26% over the past three months. Recent reports have suggested that Chinese regulators were getting ready to break up Alipay, the company’s mobile payments app. This would force Alibaba to spin off its highly profitable lending business.
https://www.tipranks.com/news/article/assessing-4-chinese-stocks-after-regulatory-crackdown?utm_source=advfn.com&utm_medium=referral
Tencent (PK) (USOTC:TCEHY)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Tencent (PK) Charts.
Tencent (PK) (USOTC:TCEHY)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Tencent (PK) Charts.