The best value Chinese internet stocks may be some of this year's worst performers, Citi says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

These companies have enormous potential given the size of their markets and opportunities to build infrastructure in those regions, said Citi's David Bailin.

Some of the worst-performing Chinese internet stocks currently are the ones with the best value, according to the chief investment officer of Citi Global Wealth.

The regulatory overhang has weighed on these stocks, but Bailin explained that Beijing is not trying to take down these companies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cuz that's means potential.

this is terrible news

Canada Canada Latest News, Canada Canada Headlines