Anyone with good ideas?
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wich are the best Chinese stocks to take advantage of the presente situation in that country?
By florida60, February 6, 2020
You might want to take a look at the online companies like BABA or TCEHY. If you want to poke around a basket maybe look at CWEB or KWEB.
I have been thinking about buying a good bit of TCEHY. Any opinions on future profitability ?
Following is Morningstar’s take on short-term and long-term beneficiaries (and losers) from the coronavirus outbreak:
https://www.morningstar.com/articles/966757/amid-coronavirus-outbreak-chinese-internet-firms-could-benefit
The article has a generally positive outlook for Chinese internet stocks. Note, however, that Alibaba’s CEO gave a fair warning during the Earnings Call last week that the virus is a “black swan event” that will impact not only his company in the near-future but also the world economy.