Between Sept. 24 and Sept. 26, the Chinese government and the People’s Bank of China – the Chinese central bank – announced its largest economic stimulus program since the darkest days of the COVID-19 pandemic. Public statements surrounding the move indicate that even more economic and fiscal stimulus is forthcoming.
Wall Street took immediate notice. Some major Chinese companies such as online retailer Alibaba Group Holding Ltd. (ticker: BABA) and JD.com Inc. (JD) have appreciated dramatically since the announcement. Retail and institutional investors alike are taking a fresh look at Chinese securities and, in many cases, they’re finding value and opportunity.
In short, Chinese investments are attractive again. But with hundreds of Chinese stocks trading on U.S. exchanges, which ones should investors buy?
This post originally appeared at U.S. News & World Report.