5 High Growth Chinese Stocks To Buy

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In this piece, we will take a look at the 5 High Growth Chinese Stocks To Buy. For more such companies, go to the 10 High Growth Chinese Stocks To Buy.

5. BYD Company Limited (OTC:BYDDF)

Revenue Growth YoY: 72.10%

BYD Company Limited (OTC:BYDDF) is a prominent multinational corporation based in China, specializing in the development, manufacturing, and sales of electric vehicles and associated products. The company boasts a global presence, operating in over 70 countries across six continents, with approximately 30 industrial parks in around 400 cities.

BYD Company Limited (OTC:BYDDF) recently announced that it is expecting more than five times the net profit it had achieved in the previous year. With a record-breaking sale of 1.86 million cars, the company anticipates an impressive 2022 net profit. Matthias Volkert, an analyst at DZ Bank, currently has a price target of HK$250 on BYD Company Limited (OTC:BYDDF)’s stock.

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