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Goldman Sachs China Stocks: Top 5 Stock Picks

In this article, we will be taking a look at Goldman Sachs’ China stocks: top 5 stock picks. To read our detailed analysis of Chinese market dynamics today, you can go directly to see Goldman Sachs China Stocks: Top 10 Stock Picks.

5. KE Holdings Inc (NYSE:BEKE)

Goldman Sachs’ Q2 Stake Value: $191.8 million

Number of Hedge Fund Holders: 36

KE Holdings Inc (NYSE:BEKE) is a real estate company. It operates an integrated online and offline platform for housing transactions and services.

KE Holdings Inc (NYSE:BEKE) had 36 hedge funds long its stock in the second quarter, with a total stake value of $1.3 billion.

Here’s what Artisan Partners said about KE Holdings Inc (NYSE:BEKE) in its second-quarter 2023 investor letter:

“Bottom contributors to performance for the quarter included real estate platform KE Holdings Inc. (NYSE:BEKE). Beike fell due to weaker industry property sales in China in April following the release of strong pent-up demand in Q1, despite accelerating revenue and very modest cost growth.”

Follow Ke Holdings Inc. (NYSE:BEKE)

4. Yum China Holdings, Inc. (NYSE:YUMC)

Goldman Sachs’ Q2 Stake Value: $212.6 million

Number of Hedge Fund Holders: 37

In total, 37 hedge funds were long Yum China Holdings, Inc. (NYSE:YUMC) in the second quarter, with a total stake value of $983.9 million.

Yum China Holdings, Inc. (NYSE:YUMC) is a consumer discretionary company based in Shanghai. It owns, operates, and franchises restaurants such as KFC, Pizza Hut, Taco Bell, and Lavazza, among more.

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3. Sea Limited (NYSE:SE)

Goldman Sachs’ Q2 Stake Value: $361.2 million

Number of Hedge Fund Holders: 62

Scott Devitt, an analyst at Wedbush, reiterated an Outperform rating on Sea Limited (NYSE:SE) while maintaining a $48 price target on the stock on September 6.

Sea Limited (NYSE:SE) is a communication services company. It engages in the digital entertainment, e-commerce, and digital financial service businesses.

There were 62 hedge funds long Sea Limited (NYSE:SE) in the second quarter. Their total stake value was $1.9 billion.

Artisan Partners mentioned Sea Limited (NYSE:SE) in its second-quarter 2023 investor letter:

“Bottom contributors to performance for the quarter included Southeast Asian Internet leader Sea Limited (NYSE:SE). Sea declined due to rising investor concerns around e-commerce competition from TikTok in Southeast Asia during a period of subdued gross merchandise value growth, while the gaming business continues to struggle.”

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2. Pinduoduo Inc. (NASDAQ:PDD)

Goldman Sachs’ Q2 Stake Value: $522.4 million

Number of Hedge Fund Holders: 67

Pinduoduo Inc. (NASDAQ:PDD) is a broad-line retail company. It owns and operates an e-commerce platform offering products such as agricultural produce, apparel, shoes, bags, and more.

In the second quarter, 67 hedge funds were long Pinduoduo Inc. (NASDAQ:PDD), with a total stake value of $2.6 billion.

On August 30, Fawne Jiang at Benchmark maintained a Buy rating on Pinduoduo Inc. (NASDAQ:PDD) shares alongside placing a $140 price target on the stock.

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1. Alibaba Group Holding Limited (NYSE:BABA)

Goldman Sachs’ Q2 Stake Value: $719.5 million

Number of Hedge Fund Holders: 112

A Positive rating and a $160 price target were reiterated on Alibaba Group Holding Limited (NYSE:BABA) shares on August 31 by Shyam Patil at Susquehanna.

A total of 112 hedge funds were long Alibaba Group Holding Limited (NYSE:BABA) in the second quarter. Their total stake value was $4.1 billion.

Alibaba Group Holding Limited (NYSE:BABA) is another broad-line retail company on our list. It provides tech infrastructure and marketing reach to merchants, brands, retailers, and other businesses.

Follow Alibaba Group Holding Ltd (NYSE:BABA)

See also 11 Cheap Chinese Stocks to Buy According to Analysts and 10 Chinese Stocks Billionaires Are Loading Up On.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Buy This $3 Stock Now Before the 400% Surge Begins

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

Two years ago, Wall Street wrote off British American Tobacco (BTI) as a “melting ice cube.” The stock had crashed 40% from its peak, and consensus said the business was dying.

We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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