Stocks to play China's shopping festival — even if consumers spend less

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. Their reasoning? The delivery companies are seeing package volume grow, regardless of how much consumers spend on each purchase. "Express parcel volume growth has been outperforming online growth since 2019, driven by the continued drop in ticket size amid a consumption downgrade," JPMorgan analysts said in an Oct.

The Morgan Stanley study ranked Chinese logistics players on an "AI Matrix" that tries to measure the willingness and ability to invest in artificial intelligence, along with the size and scale of the companies' proprietary data. Of three companies that stood out, ZTO also emerged as Morgan Stanley's top pick in China's logistics industry.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

China Stimulus-Fueled Gains in EM Stocks May Be Short-LivedStocks Analysis by James Picerno covering: Vanguard Total Stock Market Index Fund ETF Shares, Vanguard FTSE Emerging Markets Index Fund ETF Shares, iShares MSCI Emerging Markets ex China ETF. Read James Picerno's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »

China stocks rise on better-than-expected PMI data amid broad declines in Asia marketsAsian traders assessed third-quarter producer prices data from Australia and Caixin China manufacturing purchasing managers' index reading for October.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Shanghai Down 6.6% as China Stocks Plunge ContinuesInvestors had hoped China's state economic planning body, would roll out more detailed stimulus measures on Tuesday.
Fonte: Newsweek - 🏆 468. / 52 Leggi di più »

China stocks volatile as investors assess Beijing's weekend stimulus pledgesChina’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
Fonte: nbcchicago - 🏆 545. / 51 Leggi di più »