3 Top Chinese Stocks to Watch in January
With a "phase one" U.S.-China trade deal about to be signed, investors may benefit from looking at China stocks. In fact, on New Year's Day, the People's Bank of China, China's central bank, revealed that it would be further stimulating the economy by allowing banks to lend more money, to the tune of $115 billion.
Many leading Chinese stocks are still well below the levels set in early 2018, just before the U.S.-China trade war erupted. Now that tensions appear to be thawing, here are three leading Chinese stocks to watch in the month of January -- two that could make for good buys and one that may be due for profit-taking after a huge 2019.
Image source: Getty Images.
Source Fool.com