5 Most Promising Chinese Stocks According to Analysts

3. JD.com, Inc. (NASDAQ:JD)

Number of Hedge Fund Holders: 67

Average Upside Potential as of February 13: 62.81%

JD.com, Inc. (NASDAQ:JD) has a consensus Strong Buy rating among Wall Street analysts and is ranked among the most promising Chinese stocks to buy now. The stock has received 10 Buy ratings and 1 Hold rating from analysts over the past 3 months. The stock’s average price target sits at $85.36 and represents an upside of 62.81% from its closing price on February 13.

On February 7, Mizuho analyst James Lee raised his price target on JD.com, Inc. (NASDAQ:JD) to $85 from $82 and keeps a Buy rating on the shares. JD.com, Inc. (NASDAQ:JD) is one of Lee’s top China Internet picks.

At the close of Q3 2022, JD.com, Inc. (NASDAQ:JD) was spotted on 67 investors’ portfolios that held collective stakes worth $3.71 billion in the company. As of December 31, Tiger Global Management LLC is the leading investor in the company and has a stake worth $1.22 billion.

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