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These Chinese stocks can benefit if the metaverse takes off, JPMorgan says

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When it comes to futuristic concepts like the metaverse, JPMorgan analysts think they've found a strategy for selecting Chinese stock plays.

That's based on the companies' competitive edge in particular aspects of the metaverse, such as gaming and social networks.

In JPMorgan's most optimistic scenario, China's online game market nearly triples to $131 billion from $44 billion. JPMorgan estimates the total addressable market in China for business services and software in the metaverse will be $27 billion, while digitalizing the offline consumption of goods and services will make up a $4 trillion market in China.

Tencent also has "rich experience in managing China's largest social network Weixin/mobile QQ" and can benefit from virtual item sales within those platforms, the analysts said.

 

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Narrator: the metaverse didn’t take off

If any of them are metaverse real estate stocks, I'm shorting everything that JP Morgan has touched.

'if' $FB takes off

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