10 Best Chinese Stocks to Buy According to Hedge Funds

7. WeRide Inc. (NASDAQ:WRD)

Number of Hedge Fund Holders: 19

On April 17, Goldman Sachs started coverage on WeRide Inc. (NASDAQ:WRD) with a Buy rating and a price target of HK$54.23. Overall, the company is a consensus Buy among all of the analysts covering the stock.

According to Goldman Sachs, the company’s total revenues are set to achieve a CAGR of 80% over the period of 2025 to 2030, all thanks to increasing revenues from Robotaxi operation services. This, along with global fleet expansion, acceleration in China and international markets, and improved user engagement, will support the rise in revenue.

Although the stock has performed weakly in the past six months, WeRide Inc. (NASDAQ:WRD) is engaged in strategic initiatives. On April 24, the company disclosed that the WeRide Driving 3.0 advanced driver assistance system now supports various computing platforms, particularly NVIDIA DRIVE and Qualcomm Snapdragon. During Auto China 2026, the company signed a deal with SiEngine Technology to fully integrate chip and algorithm technologies for L2++ ADAS deployment. These partnerships reinforce the company’s position as one of the best Chinese stocks to buy.

WeRide Inc. (NASDAQ:WRD) is a Guangzhou-based investment holding company that offers autonomous driving products, driver-assistance system solutions, and an online ride-hailing platform.