Amid the ongoing China-US trade war, economic slowdown, and geopolitical strife, many investors are thinking twice before investing in HKEX stocks. But for those who want to explore the Asian giant, the result is equally rewarding.
When you compare Chinese stocks with the US stocks, you’d feel that they always have under performed. But over the next few decades, you might have to change your opinion.
People are also buying tech companies, which is cutting down the burden on property, utility and banking stocks. According to the CSI 300 Index of Chinese big-caps, Consumer and technology HKEX stocks were the best-performing ones.
In this blog, I’m going to share a few HKEX stocks that you must invest in
This digital streaming platform is also known as the Netflix of China. IiQiyi has recently crossed the mark of 100 million subscribers. It is one of my favorites in the HKEX stock tips. It has got enormous wealth by advertising its platform. They have a long term business plan of building entertainment content on the portal that would include comics, novels and online games.
Their company is growing at a high rate and the stocks are trading around 13% better than what they were in 2018, I think investing here would be a good bet to grow.
Chinese are super innovative when it comes to building something creative. The west has Amazon and eBay and Chinas have Alibaba. It is China’s most prominent eCommerce marketplace which holds its inventory, delivery and logistics network. That has until now landed slim profits to this state-owned eCommerce player but in the long run, you can expect profits to transit rapidly. As Chinese customers are shifting their focus from offline to online, investors can expect a significant rise in the Alibaba stocks. With that said, I think we’re still in the early stage of the company’s growth. As the investments begin to be more tangible, the daily HKEX stock recommendation will be more fruitful.
People have been creating a lot of hue and cry about this stock. But the truth is it is one of the leading daily hkex recommendations. Tencent is the first Chinese company to have a valuation above $500 billion. Tencent’s WeChat has a user base equivalent to the size of Facebook and Twitter. The best part of Tencent is it has a diverse user base that allows the company to make the platform a viable option for advertisers.
If you’re looking to invest in HKEX stock picks, look no further but Tencent. It has an integrated mobile payment system, cloud computing, and a streaming platform.
If you’re looking to invest in the Chinese market, now is the time to do so. Here are three HKEX stock picks you must invest in 2020.