5 Cheap Chinese Stocks to Buy According to Analysts

In this article, we discuss 5 cheap Chinese stocks to buy according to analysts. If you want to see more stocks in this selection, check out 11 Cheap Chinese Stocks to Buy According to Analysts. 

5. Weibo Corporation (NASDAQ:WB)

Average Price Target: $20.58
Upside Potential: 45.44%
Price to Earnings Multiple: 13

Weibo Corporation (NASDAQ:WB) is the go-to company for anyone seeking exposure to China’s social networking space. It operates a social media platform that generates advertising and marketing revenues. It continues to see a recovery of its core business with the reopening of the economy characterized by solid user engagement.

In the first quarter, the social networking giant generated $355 million in advertising and marketing revenues as consolidated revenues topped $413 billion. Weibo Corporation (NASDAQ:WB) has since declared a $0.85 a-share special dividend as part of its effort to return value to shareholders.

While trading with a price-to-earnings multiple of 13, it commands a $20.58 average price target on Wall Street representing 45.44% upside potential.