Scoop Up These 4 Chinese Stocks Under $13
Stocks NewsJune 10, 2021
However, in its five-year plan draft, China has announced a focus on its technology sector and plans to boost domestic production to combat competition from Western countries. This, combined with rising consumer demand, should keep driving China’s economic growth.
Given this backdrop, we believe small- and micro-cap Chinese stocks Viomi Technology Co., Ltd (NASDAQ:VIOT), China Online Education Group (NYSE:COE), LightInTheBox Holding Co., Ltd. (LITB), and China Automotive Systems, Inc. (NASDAQ:CAAS) have the potential to deliver solid upside in the coming months.