Chinese stocks (and many of their investors) have been battered over the past few years, so much so that many investors have shunned them. Despite the seemingly never-ending pressure that most Chinese stocks have endured, more than a handful of Wall Street analysts continue to view a select few of them as intriguing investments.
Undoubtedly, there’s a high degree of geopolitical risk in investing in any Chinese stock. And as the Chinese economy continues battling headwinds, questions linger as to how much lower the broader basket of Chinese tech stocks can go.
Though Chinese stocks (especially the tech plays) are not everyone’s cup of tea, it’s hard not to be intrigued by them here if deep value is what you’re after. With talks of China stimulus, perhaps there is hope for the economy (and bruised Chinese tech stocks) to receive a much-needed boost.