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2 China Stocks Worth Investors' Attention

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thetradeadvisors.com

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newsletter@thetradeadvisors.com

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Fri, May 19, 2023 07:31 PM

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May 19th, 2023 SPONSORED AD A thousand people attended... NO CAMERAS were allowed! One invitee said

[Investing Insights Daily]( May 19th, 2023 SPONSORED AD [Overheard at Apple's Secret Meeting...]( A thousand people attended... NO CAMERAS were allowed! One invitee said every iPhone was wrapped with "tamper-proof stickers" to prevent photographs. At the event, Apple unveiled a device that "could eventually replace mobile phones." Apple codenamed the device "N421" ... But I call it "iPhone Killer." To see how you could potentially profit from iPhone Killer... [Click here before April 26 >>]( [2 China Stocks Worth Investors' Attention]( With the world’s second-largest economy again entering a prosperous growth phase, its outlook gleams with promise. Hence, it could be wise to invest in strong China stocks Sunlands Technology Group ([STG]( – [Get Rating]( and Tarena International, Inc. ([TEDU]( – [Get Rating]( which are poised for solid returns. Let us discuss this in detail. China’s economic growth hit a decades-low level in 2022, with a [meager 3% increase]( in its Gross Domestic Product (GDP), marking the second-slowest growth rate since 1976. However, the lifting of stringent COVID-19 lockdowns has led to [gradual stabilization]( and improvement in the world’s second-largest economy. The nation’s long-term outlook appears optimistic. The International Monetary Fund (IMF) has raised its forecast for the Asia-Pacific region, attributing its growth primarily to China’s recovery and India’s resilient economic expansion. The organization [raised its growth projection for China]( to 5.2%. According to Standard Chartered Chairman José Viñals, China’s economy is expected to be “on fire” in the second half of the year. Goldman Sachs ([GS]( projects a potential [24% increase in the MSCI China index]( as the country transitions from the reopening phase, which followed strict zero-Covid policies, to a period of economic growth. Abigail Yoder, U.S. equity strategist at J.P. Morgan Private Bank, has expressed [optimism regarding Chinese equities](. She anticipates that returns are more likely to be driven by corporate earnings rather than valuations. She pointed out that many companies in China have successfully safeguarded their… Continue reading at [STOCKNEWS.com]( Copyright © 2023 StockNews.com | All Rights Reserved [Unsubscribe]( Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019

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