3 Chinese Penny Stocks to Buy for the China Rebound
CAASChina Automotive Systems(CAAS) Investor Place·2024-06-17 18:00

Signs of a recovery in the world’s second largest economy continue to emerge. The Chinese housing sector continues to rebound. That alone bodes well for the Chinese economy. Meanwhile, signs of potential rate cuts in the U.S. continue to emerge. Weaker than expected payroll data in May increases the likelihood that the Federal Reserve will cut rates in the coming months. The overall result is that Chinese penny stocks look particularly interesting at the moment.The combination of exposure to the Chinese eco ...