In this article, we will highlight 10 Chinese Tech Stocks to Buy Now.
Friday, November 21, 2025, was jittery for investors in Chinese tech stocks after a selloff that saw the Shanghai Composite shed 2.45%. Trading Economics explained that the slump was due to selling pressure spilling over from Wall Street, “where concerns about an AI bubble persisted and stronger-than-anticipated US employment growth reinforced expectations that the Federal Reserve will hold off on cutting interest rates in December.”
Despite the pullback, Goldman Sachs views this market favorably. In its Market Monitor report for the week ended November 21, the firm stated that emerging markets like China present the best investment opportunities, especially for those playing the long game. Their argument rests on the fact that emerging market (EM) equities have delivered robust performance this year. And Chinese equities are responsible for much of this strength. As such, Goldman Sachs believes that “EMs offer further potential for diversification and outperformance due to attractive relative valuations compared to US equities, ongoing innovation in China’s tech and manufacturing sectors, and opportunities in India’s small and mid-cap segment.”
And sector specialists share a similar outlook. Mark Fiteny, JPMorgan’s head of Asia-Pacific technology, media and telecommunications (TMT) and new economy, noted that Chinese tech companies trade at lower price-to-earnings multiples compared with US peers with similar profitability and growth characteristics. He added that valuation differences have been narrowing and suggested that the market is in the process of re-rating.
Against this setting, this article examines 10 Chinese tech companies that analysts and institutional data highlight in the current market environment.
Our Methodology
To assemble the list of 10 Chinese Tech Stocks to Buy Now, we used Finviz and TradingView screeners, along with credible financial news reports, to identify a broad universe of Chinese technology companies. We then filtered that group for stocks with analyst-implied upside of at least 30%, using consensus price targets and coverage cited in financial media. Next, we refined the selection by verifying institutional interest with Q2 2025 13F filing data from Insider Monkey’s database. The final list is presented in ascending order of potential upside.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Chinese Tech Stocks to Buy Now
10. Alibaba Group Holding Limited (NYSE:BABA)
Stock Upside Potential: 30.97%
Number of Hedge Fund Holders: 101
Alibaba Group Holding Limited (NYSE:BABA) is one of the Chinese tech stocks to buy now. On November 17, Citi analysts said they consider the White House memo, which alleges ties between Alibaba Group Holding Limited (NYSE:BABA) and the Chinese military, as a short-term overhang on the company’s stock rather than a long-term risk. Accordingly, the analysts reiterated a Buy rating on Alibaba shares and maintained the $218 price target. In the analysts’ view, any potential selloff stemming from the memo is a buying opportunity.
Independently of the analyst action, Alibaba’s Qwen AI app, a generative AI-driven consumer assistant, logged over 10 million downloads within the first week of its public beta launch. The app launch is Alibaba’s answer to Google’s Gemini and OpenAI’s ChatGPT, and the company described it as the best personal AI assistant with the most powerful model. Qwen AI app is currently available on mobile and web, with plans for an international rollout.
Alibaba Group Holding Limited (NYSE:BABA) is a leading Chinese technology conglomerate. It operates across e-commerce, cloud computing, digital media, and AI, with flagship platforms such as Taobao, Tmall, and Alibaba Cloud. The company is also investing in autonomous driving and smart logistics.
9. Full Truck Alliance Co., Ltd. (NYSE:YMM)
Stock Upside Potential: 31.34%
Number of Hedge Fund Holders: 35
Full Truck Alliance Co., Ltd. (NYSE:YMM) is one of the Chinese tech stocks to buy now. On November 19, Barclays reaffirmed a Hold rating on Full Truck Alliance Co., Ltd. (NYSE:YMM) shares and kept a $12 price target on the stock.
Two days earlier, Jefferies had cut its price target for Full Truck’s stock from $13.20 to $13.00 and kept a Buy rating. This decision came hours after Full Truck’s Q3 2025 earnings, in which the company reported revenue above expectations. Jefferies highlighted that Full Truck’s revenue increased 25.14% over the last twelve months, and that it maintained gross profit margins at 90.92%. The firm noted that this growth was driven by stronger-than-anticipated freight brokerage segment performance.
Jefferies also noted that Full Truck’s non-GAAP operating profit exceeded projections. However, the firm stated that higher tax expenses led to the company’s non-GAAP earnings undershooting consensus estimates. Although the firm expects slower growth in Full Truck’s fulfilled orders in Q4, the analysts noted that the midpoint of its Q4 revenue guidance is ahead of consensus.
Full Truck Alliance Co., Ltd. (NYSE:YMM) is China’s leading digital freight platform. The company connects shippers with truckers through its mobile-based marketplace, streamlining logistics and reducing inefficiencies in the trucking industry.
8. NIO Inc. (NYSE:NIO)
Stock Upside Potential: 37.43%
Number of Hedge Fund Holders: 19
NIO Inc. (NYSE:NIO) is one of the Chinese tech stocks to buy now. On November 18, Firefly EV, a subsidiary of NIO Inc. (NYSE:NIO), said it is focusing its global expansion on right-hand drive (RHD) markets. It stated that the main objective of the shift is to avoid tariffs that apply to Chinese EVs in other regions like the European Union. The target markets for this expansion include New Zealand, Australia, Britain, Thailand, and Singapore.
To that end, NIO has begun mass production of the Firefly’s right-hand drive variant, with the first shipment already sent to Singapore. According to Daniel Jin, President of the Firefly brand, they will market Firefly as a premium brand to avoid price wars and maintain competitive margins, as well as distinguish it from being seen merely as a “made-in-China” EV.
In a different update, NIO’s deliveries hit a new peak in October 2025. According to an update published on November 3, deliveries expanded 92.6% year over year in the month to reach 40,397 vehicles. Each brand in the company’s stable recorded an improvement: NIO, the premium electric brand, delivered 17,143 vehicles, 17,342 vehicles for ONVO, and 5,912 vehicles for FIREFLY. This performance means that NIO has now hit three consecutive months of record deliveries.
NIO Inc. (NYSE:NIO) is a leading Chinese smart electric vehicle manufacturer. The company designs, develops, and sells premium EVs. It is also building an ecosystem around battery-swapping technology, autonomous driving, and smart connectivity.
7. JD.com, Inc. (NASDAQ:JD)
Stock Upside Potential: 40.37%
Number of Hedge Fund Holders: 54
JD.com, Inc. (NASDAQ:JD) is one of the Chinese tech stocks to buy now. On November 17, CFRA lifted its price target for JD.com, Inc. (NASDAQ:JD) stock from $36 to $37. The firm reiterated a Buy rating on the shares, and it projects that JD.com’s revenue will expand by 14% by year-end this year, and then 5% in 2026. CFRA also forecasts JD.com’s net margin to contract to 1.9% in 2025 from 3.6% in 2024 due to pressures from food delivery investments. But the net margin could recover to 2.3% next year.
Separately, Jingdong Industrials, the logistics technology arm of JD.com, is preparing for a Hong Kong IPO from which it expects to raise about $500 million. Jingdong Industrials applied for listing in early 2023 but faced regulatory delays – it was not until September 2025 that China’s securities regulator gave the greenlight. The company stated that the IPO’s proceedings will go to strengthening supply chain capabilities, investing in AI technologies, and expanding internationally. The IPO is expected to launch late this year.
JD.com, Inc. (NASDAQ:JD) is one of China’s largest e-commerce and technology companies. It operates an extensive online retail platform supported by advanced logistics, supply chain management, and cloud services. JD.com also develops cloud computing and AI solutions.
6. XPeng Inc. (NYSE:XPEV)
Stock Upside Potential: 44.30%
Number of Hedge Fund Holders: 21
XPeng Inc. (NYSE:XPEV) is one of the Chinese tech stocks to buy now. On November 19, Goldman Sachs raised its price target on XPeng Inc. (NYSE:XPEV) stock from $24 to $25, keeping a Buy rating. The investment bank expects stronger sales performance for XPeng in early 2026 – this is after XPeng launches extended-range electric vehicle (EREV) versions of the G6, G7, and P7+ models. Goldman stated that pre-order data for the X9 EREV suggests the new versions could generate three times more orders than standard battery electric vehicles. As such, the firm expects XPeng’s revenue to grow 40% in 2026 on the back of the new models as well as steady revenue from its Volkswagen partnership.
A day before Goldman Sachs’ action, Bernstein SocGen Group reaffirmed its Market Perform rating on the stock. The analysts also kept a $21 price target on XPeng shares. Unlike Goldman, Bernstein’s analysis dwelt on XPeng’s Q3 2025 financial performance, where the company exceeded analyst projections on several metrics. However, Bernstein is of the opinion that XPeng’s Q4 revenue guidance was softer than expected: XPeng expects the quarter’s revenue to fall in the RMB 21.5 billion to RMB 23.0 billion range, a 33.5% to 42.8% growth year-over-year. Nonetheless, Bernstein agreed with Goldman Sachs that XPeng’s higher-margin service revenue from its Volkswagen partnership and the new X9 EREV model launched in November 2025, will support profitability goals.
XPeng Inc. (NYSE:XPEV) is a Chinese smart electric vehicle manufacturer. The company designs and produces intelligent EVs. XPeng also develops proprietary autonomous driving software, advanced driver-assistance systems, and AI-powered smart cockpits.
5. VNET Group Inc. (NASDAQ:VNET)
Stock Upside Potential: 57.93%
Number of Hedge Fund Holders: 27
VNET Group Inc. (NASDAQ:VNET) is one of the Chinese tech stocks to buy now. On November 21, DBS analyst Andy Yu, CFA, kept the Buy rating on VNET Group Inc. (NASDAQ:VNET) shares unchanged. The firm also set a price target of $12.5 per share.
Independently of the analyst action, VNET announced its unaudited Q3 2025 financial results on November 20, after market close. In the report, total net revenues reached RMB 2.58 billion, 21.7% higher than the same quarter a year earlier, and about 8% above analyst expectations. Management explained that the growth stemmed mainly from the wholesale internet data center (IDC) segment, as the company ramped up capacity to meet needs from large cloud providers and AI infrastructure projects.
According to the earnings report, the company posted a net loss attributable to ordinary shareholders of RMB 307.0 million, or RMB 0.19 per basic and diluted share. Management stated that although the loss is wider than the prior year’s figure, it is in line with expectations for adjusted figures around $0.02 per share. The company raised its full-year 2025 revenue forecast to between RMB 9.55 billion and RMB 9.87 billion, due to sustained wholesale momentum and AI-related deals, noted management.
VNET Group Inc. (NASDAQ:VNET) is a leading Chinese carrier-neutral data center and cloud services provider. The company operates more than 50 data centers across 30+ cities in China, offering colocation, managed hosting, and cloud computing infrastructure.
4. Kingsoft Cloud Holdings Limited (NASDAQ:KC)
Stock Upside Potential: 66.78%
Number of Hedge Fund Holders: 11
Kingsoft Cloud Holdings Limited (NASDAQ:KC) is one of the Chinese tech stocks to buy now. On November 19, Kingsoft Cloud Holdings Limited (NASDAQ:KC) released its unaudited Q3 2025 results, showing faster revenue growth and much smaller losses than the same quarter in the prior year. Total revenues came in at RMB 2.48 billion, up 31.4% from Q3 2024 and topping analyst estimates by 1% to 1.1%. This acceleration in growth, from 16.1% in Q2, was fueled by booming demand for AI computing services in the public cloud segment, where customers ramped up usage for intelligent infrastructure projects, according to management.
Despite the revenue surge, the company reported a net loss of RMB 7.8 million or RMB 0.00 per basic and diluted share, but much better than the RMB 1.06 billion loss (RMB 0.29 per share) from Q3 2024. It also beat consensus expectations of a RMB 0.06 to RMB 0.07 loss per share. Also, adjusted net profit turned positive for the first time at RMB 28.7 million, which management attributed to efficient expense management and one-time income boosts.
Kingsoft Cloud Holdings Limited (NASDAQ:KC) is one of China’s largest independent cloud service providers. The company offers public cloud, enterprise cloud, and AI-powered solutions across industries such as gaming, healthcare, and finance.
3. Tuya Inc. (NASDAQ:TUYA)
Stock Upside Potential: 69.01%
Number of Hedge Fund Holders: 11
Tuya Inc. (NASDAQ:TUYA) is one of the Chinese tech stocks to buy now. On November 24, Tuya Inc. (NASDAQ:TUYA) shared its unaudited Q3 2025 results, covering the period ended September 30, 2025. Total revenue reached $82.5 million, up 1.1% compared to Q3 2024, but falling just short of the higher analyst estimate of $83.82 million while beating a lower one of $81.6 million. Management linked the modest rise to cautious spending by manufacturers and brands in a tough global consumer market, offset by stronger uptake of AI features in smart hardware.
Gross profit climbed 6.1% to $39.8 million, with gross margin expanding to 48.3% from the prior year. Management noted that the growth was due to a better mix of high-margin SaaS and PaaS offerings over hardware. Operating income turned positive at $3.8 million, yielding a 4.6% margin, as the company optimized expenses while investing in AI integrations. Overall, management is convinced that the company maintained a solid financial foundation during the quarter.
Tuya Inc. (NASDAQ:TUYA) is a global IoT development platform based in China. The company provides cloud services, app development, and hardware access that enable manufacturers and brands to build smart devices across categories such as home automation, security, and energy management.
2. WeRide Inc. (NASDAQ:WRD)
Stock Upside Potential: 112.50%
Number of Hedge Fund Holders: 14
WeRide Inc. (NASDAQ:WRD) is one of the Chinese tech stocks to buy now. On November 24, WeRide Inc. (NASDAQ:WRD) published its unaudited third-quarter 2025 financial results in which it highlighted explosive growth tied to robotaxi services and new international approvals. The quarter’s revenue touched RMB 171 million ($24.0 million), up 144.3% compared with Q3 2024. This growth is the company’s biggest quarterly jump, and management noted that the surge came from wider global fleet rollout and deeper service use by customers, especially in autonomous ride-hailing.
At the same time, gross profit leaped 1,123.9% to RMB 56.3 million ($7.9 million), pushing the gross margin to 32.9% from 6.5% a year ago. According to management, these impressive numbers are the result of the company avoiding surprise expenses and shifting to higher-margin ADAS research projects. As of September 30, 2025, WeRide held RMB 5.4 billion (U$764.1 million) in cash, equivalents, time deposits, restricted cash, and wealth management investments – up from prior quarters. This gives the company firepower for fleet builds and market entries without added debt beyond RMB 245 million in short-term bank loans, noted management.
Management tied the impressive results to global wins and tech edge. CEO Tony Han said, “In 3Q 2025… we achieved a number of significant milestones, most notably securing the fully driverless commercial robotaxi permit in Abu Dhabi, with our operations there soon reaching unit economics breakeven, a critical milestone that validates our path to profitability at scale.”
WeRide Inc. (NASDAQ:WRD) is a Chinese autonomous driving technology company. It develops Level 4 self-driving solutions for passenger vehicles, robo-taxis, and commercial fleets, with operations spanning China, the US, and other global markets.
1. Pony AI Inc. (NASDAQ:PONY)
Stock Upside Potential: 163.90%
Number of Hedge Fund Holders: 19
Pony AI Inc. (NASDAQ:PONY) is one of the Chinese tech stocks to buy now. On November 18, Pony AI Inc. (NASDAQ:PONY) revealed its fourth-generation (Gen-4) lineup of autonomous trucks. The trucks were created together with partners such as SANY Truck and Dongfeng Liuzhou Motor. Management stated that this move aims to push forward large-scale use of driverless freight in China.
The first two truck types will use the newest battery-electric bases from SANY Truck and Dongfeng Liuzhou Motor. These are built to make thousands of units at once, with the first groups of trucks set to start working in 2026. And the Gen-4 system uses only car-level parts, all approved for vehicles, which drops the materials cost for each truck by about 70% compared to the last version, as noted by company executives.
Separately, on November 7, Citi lowered its price target for Pony AI shares to $24.50 from $29, while maintaining a Buy rating. The firm made the change due to expected share dilution from Pony AI’s listing on the Hong Kong Stock Exchange in early November 2025.
Pony AI Inc. (NASDAQ: PONY) is a technology company specializing in the development and commercialization of autonomous driving technology, primarily focused on robotaxi and robotruck services. It operates in China and the United States, and provides services like fully driverless robotaxi rides, freight services through robotrucks, and intelligent driving solutions for personal vehicles.
While we acknowledge the potential of Pony AI Inc. (NASDAQ:PONY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 11 Best Nancy Pelosi Stocks to Buy Right Now and 12 Cheap AI Stocks to Buy Right Now.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.
