Assessing 4 Chinese Stocks after Regulatory Crackdown
September 17 2021 - 10:59AM
TipRanks
The regulatory crackdown in China has recently intensified across
various sectors. This has also led to investor skepticism in
regards to Chinese stocks. Using the TipRanks database, let's look
at some Chinese stocks that still rate as a Buy from analysts. I am
neutral about all the stocks listed in this article. Alibaba (BABA)
Alibaba’s shares have fallen 26% over the past three months. Recent
reports have suggested that Chinese regulators were getting ready
to break up Alipay, the company’s mobile payments app. This would
force Alibaba to spin off its highly profitable lending
business.
https://www.tipranks.com/news/article/assessing-4-chinese-stocks-after-regulatory-crackdown?utm_source=advfn.com&utm_medium=referral
Tencent (PK) (USOTC:TCEHY)
Historical Stock Chart
From Apr 2022 to May 2022
Tencent (PK) (USOTC:TCEHY)
Historical Stock Chart
From May 2021 to May 2022