Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Weibo (WB), Sohu (SOHU), Nio (Nio), BYD Co. (BYDDF) and Li Auto (LI).
China is the world’s most populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
But with China’s crackdowns on Didi Global (DIDI), for-profit education firms and other sectors, U.S.-listed Chinese stocks have been hammered in recent weeks, adding to a weak 2021. While Beijing is signalling it would like stocks to stabilize, it’s also continuing to levy restrictions and increase oversight on the private sector. Suffice to say, the risks are very high.
Best Chinese Stocks Across Many Industries
As the world’s largest internet market, it’s no surprise to see big growth from China stocks focusing on e-commerce, messaging or mobile gaming. Notable Chinese internet stocks include:
