The best value Chinese internet stocks may be some of this year's worst performers, Citi says

Sverige Nyheter Nyheter

The best value Chinese internet stocks may be some of this year's worst performers, Citi says
Sverige Senaste nytt,Sverige Rubriker

These companies have enormous potential given the size of their markets and opportunities to build infrastructure in those regions, said Citi's David Bailin.

Some of the worst-performing Chinese internet stocks currently are the ones with the best value, according to the chief investment officer of Citi Global Wealth.

The regulatory overhang has weighed on these stocks, but Bailin explained that Beijing is not trying to take down these companies.

 

Cuz that's means potential.

this is terrible news

Sverige Senaste nytt, Sverige Rubriker



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