3 BEST CHINESE STOCKS TO BUY AND OBSERVE REPRESSION IN BEIJING | 🚀 Robin Rocket

3 BEST CHINESE STOCKS TO BUY AND OBSERVE REPRESSION IN BEIJING

Li Auto is one of several Chinese electric vehicle manufacturers trading in the US, competing with each other and with Tesla. While Li Auto is still losing money, sales of one of its current models, the Li One SUV, have grown significantly. The Li One is actually a hybrid with a small petrol engine extending its range. On August 1, Li Auto reported 8,529 unit sales in July, up 251% from a year earlier and 11.4% on June. Li Auto delivered 38,473 Li One SUVs in 2021.

Sohu, a Chinese mobile game company, was one of the first Chinese internet companies to enter the US markets, and went public in July 2000.
After suffering losses for several years, Sohu became profitable again, with revenue growth accelerating. On August 9, Sohu reported higher-than-expected earnings per share, with revenue rising 27.5% to $204 million. The stock jumped on the back of gains but fell before re-establishing its 50-day border on Aug. 20.

Shares Weibo is a popular social network that is often compared to Twitter. Weibo's earnings rose 90% in the last quarter, with revenue up 42%, both of which accelerated over the past two quarters. Weibo dipped below the 200-day border on August 17 when China laid out new rules for the internet platform. On August 18, Weibo's earnings surpassed its second quarter results, with revenue growth accelerating. The company also slightly increased revenue in the third quarter.

Not an investment recommendation.