These 3 Chinese Stocks Are Too Cheap to Ignore
China has been a tough market to invest in over the past two years. The trade war, the slowdown in the domestic economy, the ongoing unrest in Hong Kong, and the recent coronavirus outbreak all made it tough to recommend Chinese equities.
However, that persistent pessimism also caused investors to overlook some stocks that were irrationally priced relative to their growth potential. Today, I'll highlight three Chinese stocks that are too cheap to ignore: JOYY (NASDAQ: YY), Momo (NASDAQ: MOMO), and Vipshop (NYSE: VIPS).
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Source Fool.com
