5 Cheap Chinese Penny Stocks to Buy According to Hedge Funds

4. YS Biopharma Co., Ltd. (NASDAQ:YS)

Number of Hedge Fund Holders: 14

YS Biopharma Co., Ltd. (NASDAQ:YS) ranks 4th in our list of the best cheap Chinese penny stocks to buy according to hedge funds. Out of the 910 hedge funds tracked by Insider Monkey, 14 hedge funds reported owning stakes in YS Biopharma Co., Ltd. (NASDAQ:YS).

In August YS Biopharma Co., Ltd. (NASDAQ:YS) posted fiscal Q1 results. Revenue in the quarter came in at $24.4 million. Net loss in the quarter came in at RMB69.5 million, compared with RMB19.6 million in the same period of 2023.