Three China stocks that analysts are watching for longer-term opportunities

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Chinese stocks ended the week with disappointment over the size and speed of stimulus plans, reinforcing the need to look for favorable underlying businesses.

Chinese stocks wrapped up a momentous week marked by a $1.4 trillion debt swap program that fell short of many investors' calls for more direct government support. For many, the reaction among investors only reinforced the need to look at longer-term opportunities in individual stocks that haven't changed.

Xpeng expansion Electric car startup Xpeng in the past week announced its own humanoid robot , and a new $26,000 car called the P7+ that's already racked up more than 30,000 preorders for deliveries due to start this month. The products are largely only going to be available in China, at least initially. "For Chinese EVs, the door is now closed, and re-shoring is impractical," Macquarie analysts said in a Nov. 7 report. "Our top pick is XPeng, a China pure play.

 

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