In this article, we will look at the 10 Best Asian Stocks with Huge Upside Potential.
Asian stocks are getting more attention as investors look beyond the U.S. mega-cap trade and toward markets with different earnings drivers. The region is not one simple bet, with each country and each segment having completely different demand drivers.
AllianceBernstein says “Asian equities offer hidden value” and argues that the region’s earnings recovery is “not yet fully reflected in valuations.” The firm also notes “strong earnings-growth potential of 52.3% for 2026,” with Asia ex Japan trading at a “32% discount to the MSCI World index.” PineBridge adds that “Asian equities look set to benefit” from improving sentiment and a better macro backdrop, while “AI infrastructure spending, electric vehicles (EVs), robotics, and semiconductor demand” are helping support Asia’s supply chains. Manulife Investment Management says Asian markets’ “earnings and valuations remain supportive,” and notes an inflection point in earnings estimates driven by Korea, Taiwan, and Hong Kong on the back of technology strength. In summary, the upside case is not just about cheap valuations. It is also about earnings recovery, AI supply chains, and country-specific growth drivers that are starting to matter again.
Against this backdrop, Asian stocks with huge upside potential deserve a closer look. With that in mind, let’s take a look at the 10 Best Asian Stocks with Huge Upside Potential.
Our Methodology
We used the Finviz screener to identify Asian stocks that offer an upside of at least 30% based on analysts’ median price target. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. JD.com, Inc. (NASDAQ:JD)
On May 29, 2026, JD.com, Inc. (NASDAQ:JD) founder Liu Qiangdong pledged to prioritize protecting the company’s roughly 900,000 employees from AI-driven automation, Bloomberg reported. Liu said in an internal speech that JD.com will “do everything possible to safeguard employment for hundreds of thousands of staff, including blue-collar workers.” Liu also said JD.com “will not fire a single front-line worker replaced by machines.”
On May 14, 2026, BofA raised the firm’s price target on JD.com, Inc. (NASDAQ:JD) to $37 from $35 and maintained a Buy rating on the shares after the company reported “strong” Q1 results. BofA cited broad-based momentum in JD Retail and said it has “high confidence” in double-digit earnings growth.
Barclays also raised the firm’s price target on JD.com, Inc. (NASDAQ:JD) to $43 from $41 and maintained an Overweight rating, saying Q1 results were “robust” across all major segments.
On May 12, 2026, JD.com, Inc. (NASDAQ:JD) reported Q1 revenue of $45.8B, up from $41.5B last year. CEO Sandy Xu said JD.com delivered a “solid first quarter,” with its user base and shopping frequency expanding robustly. Xu also said annual active customers reached a new record, JD Retail’s profitability reached record levels, and New Businesses posted meaningful bottom-line improvements from the prior quarter.
JD.com, Inc. (NASDAQ:JD) operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.
9. KE Holdings Inc. (NYSE:BEKE)
On May 20, 2026, Barclays raised the firm’s price target on KE Holdings Inc. (NYSE:BEKE) to $26 from $23 and maintained an Overweight rating on the shares. Barclays updated the company’s model following the Q1 report.
BofA also raised the firm’s price target on KE Holdings Inc. (NYSE:BEKE) to $23 from $21 and maintained a Buy rating on the shares. BofA cited a higher earnings outlook following the company’s Q1 profit beat.
On May 19, 2026, KE Holdings Inc. (NYSE:BEKE) reported Q1 adjusted EPS of RMB1.42, ahead of the consensus estimate of RMB0.91. Adjusted EPS was 20c. Revenue totaled RMB18.9B, or $2.74B, above the consensus estimate of RMB18.55B. CEO Stanley Yongdong Peng said the company saw “positive marginal changes” in the real estate market and continued to improve operating quality and profitability. CFO Tao Xu said gross margin and adjusted operating margin reached their highest levels in the past seven quarters, while KE Holdings repurchased approximately $195M of shares during the quarter.
KE Holdings Inc. (NYSE:BEKE) operates an integrated online and offline platform for housing transactions and services in the People’s Republic of China.
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