Goldman Sachs picks the 'inexpensive' China stocks to buy right now

The Wall Street bank listed more than two dozen Chinese stocks including a raft of tech and chipmaking firms, in a research note published Thursday, saying they had attractive valuations and likely solid growth.

"May has historically been a tough month for Chinese stocks but we'd buy on any seasonal weakness," the analysts led by Kinger Lau stated. Goldman recommended both Chinese cyclicals — whose prices tend to move up and down with the economy — and growth stocks, which investors expect to do better than the wider market.

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Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »