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SabahEquityResearch
Nov 19, 2023 4:40 PM

Top Beaten-Down Chinese Stocks to Buy Right Now Long

Alibaba Group Holding LimitedNYSE

Description


Reasons to buy

Alibaba Group Holding Limited (NYSE:BABA) : Leader in the Chinese e-commerce market, strong track record of innovation and growth.

JD.com, Inc. (NASDAQ:JD) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market

Baidu, Inc.(NASDAQ:BIDU) : Dominant player in the Chinese search market, strong track record of innovation, expanding into new markets, such as cloud computing and artificial intelligence

BZUN X, Inc. (NASDAQ:BZUN) : Rapidly growing company with a strong market position, benefiting from the growth of the Chinese fintech market

I would recommend allocating your funds as follows:

  • BABA: 40%
  • JD: 30%
  • BIDU: 20%
  • BZUN: 10%


This Chinese portfolio is designed to provide you with exposure to the Chinese stock market while also diversifying your risk. BABA is the largest company in the Chinese e-commerce market and has a strong track record of innovation and growth. JD is another well-established e-commerce company with a strong market position. BIDU is the leading search engine in China and is also expanding into new markets, such as cloud computing and artificial intelligence. BZUN is a rapidly growing fintech company with a strong market position.



I believe that this portfolio is a good investment for the long term. The Chinese economy is growing rapidly and is expected to continue to grow in the years to come. This growth is being driven by a number of factors, including an expanding middle class, rising urbanization, and increasing consumer spending. As the Chinese economy grows, so too will the Chinese stock market.

I recommend you should consider your own individual circumstances and risk tolerance before making any investment decisions.

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my total holding for NYSE:BABA is 21k shares at average price of $78.

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seems a break out is on horizon for NYSE:BABA

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look at the ration . it simply tells me we may outperform the rest of the world for the next 3-6 month

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ratio*

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Highly likey we will only mooning on chinese stocks . Chinese equities will highly likely outperform the rest of the world. Specially for the next 3 months.
Comments
kevinbartley81
Thanks. I have 1k shares of baba at 85 cost basis. No worries. Company share price is extremely undervalued on all metrics. I remain impressed by their consistent growth in the face of significant macroeconomic and political pressures. I have no doubt that we are nearing a new bull market on the hang Seng. When the Seng lights up, Baba is guaranteed to rapidly leave $100 in the dust. I see $135 to $150 next year and a new all time high in 3 to 5. Good luck!
MyCryptoParadise_Nathan
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