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.

Pro Shame

Pro Harmony is good moves at present,but doge is still in front!🚀

Pro If you like your money gone without reasons, sure, buy them all.

Pro I just moved to your city, who wouldn't mind showing me interesting places?

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

JPMorgan says China tech stocks are in a 'good buying spot' despite regulatory crackdownHoward Wang, head of Greater China equities at JPMorgan Asset Management, said Chinese tech companies have the potential to grow over the long term. thanks Short signal. 🤣
Källa: CNBC - 🏆 12. / 72 Läs mer »