5 Cheap Chinese Stocks to Buy Right Now

2. Weibo Corporation (NASDAQ:WB)

Forward Price To Earnings Ratio: 4.96

Number of Hedge Fund Investors In Q2 2023: 21

Weibo Corporation (NASDAQ:WB) is a Chinese social media and advertising services provider. The firm created a bit of controversy in October when it announced that previously anonymous accounts on its platform will now be required to share their real names.

Insider Monkey’s June quarter of 2023 survey of 910 hedge fund holdings revealed that 21 had held a stake in Weibo Corporation (NASDAQ:WB). Len Kipp and Xavier Majic’s Maple Rock Capital owns the largest stake among these which is worth $41.2 million.

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