Are These Chinese Stocks a Buy? Michael Burry's Top Picks Say Yes
BABABABA(BABA) MarketBeat·2024-08-30 21:30

As several popular U.S.-listed Chinese stocks begin to show signs of a rebound, investors are left wondering whether now is the right time to jump back into the market or if these gains could be another value trap. The iShares China Large-Cap ETF NYSE: FXI has managed to buck its downtrend this year, trending nearly 10% higher year-to-date and consolidating above its 200-day SMA in a bullish pattern. However, with lingering concerns about the Chinese economy and regulatory environment, is it time to invest ...