Top 5 Chinese Stocks To Buy Now

1. AliBaba Group Holding Limited (NYSE: BABA)

Number of hedge funds: 166

Total value of hedge fund holdings: $28.84 billion

Alibaba Group Holdings Limited is the largest retailer and e-commerce company in China. Alibaba operates some of the largest shopping platforms like Taobao and Tmall.

There are very few people, especially in the investing world who haven’t heard of AliBaba. In the Q3 2020 Investor Letter, Baron Opportunity Fund highlighted a few stocks and BABA is one of them. Year-to-date, Alibaba stock gained 24.9% and on December 10th it had a closing price of $264.87.

See also: Want to Buy Alibaba (BABA) Stock? Here’s What You Need to Know

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Disclosure: None.