3 Top Chinese Stocks to Watch in August
Considering that China has become the world's largest automotive market and smartphone market, and is soon to be the world's largest retail market, it's no surprise that businesses and investors alike are scrambling to jump on the bandwagon. Even with China's economic deceleration in 2019, analysts still anticipate the country will drive global economic growth for the foreseeable future.
That growth will bring ample business opportunities. We asked three Motley Fool contributors to name Chinese stocks to keep an eye on, and here are the three they chose: JD.com (NASDAQ: JD), NIO (NYSE: NIO), and Baozun (NASDAQ: BZUN).
Jeremy Bowman (JD.com): We're only a few days into August, and China stocks have already gotten shellacked on rising trade tensions. But for investors who can muster the mettle, the sell-off sets up an appealing buying opportunity. And one languishing Chinese stock that looks ready to turn the corner is JD.com.
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