5 Best Chinese Stocks To Buy Now

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In this article, we discuss the 5 best Chinese stocks to buy now. If you want to read about some more Chinese stocks to buy now, go directly to 11 Best Chinese Stocks To Buy Now.

5. NetEase, Inc. (NASDAQ:NTES)

Number of Hedge Fund Holders: 26     

NetEase, Inc. (NASDAQ:NTES) provides online services focusing on diverse content, community, communication, and commerce in China. It is one of the top Chinese stocks to invest in. On August 18, the firm posted earnings for the second quarter of 2022, reporting earnings per share of $1.22, beating estimates by $0.17. The revenue over the period was $3.5 billion, up over 12% year-on-year. 

On August 19, Citi analyst Alicia Yap maintained a Buy rating on NetEase, Inc. (NASDAQ:NTES) stock and raised the price target to $140 from $132, appreciating the second quarter earnings report of the firm. 

Among the hedge funds being tracked by Insider Monkey, Bermuda-based investment firm Orbis Investment Management is a leading shareholder in NetEase, Inc. (NASDAQ:NTES), with 3.67 million shares worth more than $342 million. 

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