Beware these stocks lurking in your portfolio as China economy wobbles

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

See which stocks have the highest revenue exposure to China.

Turmoil in the Chinese economy can mean bad news for a range of popular stocks. U.S.-listed stocks ranging from chipmakers to resort chains and car-part makers can all be helped or hurt by the state of the Chinese economy. And the global superpower has flashed warning signs in recent days, signaling stocks with exposure to the country could feel pressure. Industrial production in China rose 3.7% on a year-over-year basis, according to data released on Tuesday.

mountain Microvast's history Both stocks have moved similarly this year. Las Vegas Sands has risen nearly 15% on the year, while Wynn has jumped about 16%. And each has garnered buy ratings from the average Wall Street analyst, according to Refinitiv. Las Vegas Sands' average price target implies an upside of about 28%, while Wynn's signals that shares could rise 32%. Amphenol , Corning and Western Digital were also among the most exposed names.

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 MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market News Today: Indexs decline as China's property woes swirlUS stocks edge lower as August slump continues amid China property woes
Source: BusinessInsider - 🏆 729. / 51 Read more »