Best Chinese Stocks To Buy And Watch
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Next on our list of the best cheap Chinese stocks to buy now is New Oriental Education & Technology Group Inc. (NYSE:EDU), a Beijing-based company that provides private educational services under the New Oriental brand in China. The company operates through Educational Services and Test Preparation Courses, Online Education and Other Services, Overseas Study Consulting Services, and Others segments. New Oriental Education & Technology Group Inc. (NYSE:EDU) has exceeded EPS estimates 63% of the time and revenue estimates 100% of the time in the last two years.
Like Alibaba Group Holding Limited (NYSE:BABA), JD.com, Inc. (NASDAQ:JD), and Pinduoduo Inc. (NASDAQ:PDD), Tencent Music Entertainment Group (NYSE:TME) is one of the best Asian stocks to buy heading into 2023.
Kanzhun Limited (NASDAQ:BZ) is a Beijing-based company that operates an online recruitment platform, BOSS Zhipin, in the People's Republic of China. Its recruitment platform facilitates the recruitment process between job candidates and employers. It is one of the best Chinese stocks to invest in. In the first week of November, Kanzhun Limited (NASDAQ:BZ) stock jumped from the decliners list to land the top spot among the week's winners.
NetEase, Inc. (NASDAQ:NTES) is headquartered in Hangzhou, China, and the company provides online services consisting of diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates through Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others segments. NetEase, Inc. (NASDAQ:NTES) is one of the best Chinese stocks to consider. On November 17, NetEase, Inc. (NASDAQ:NTES) reported a Q3 non-GAAP EPADS of $1.61, which outperformed Wall Street estimates by $0.56. The gross profit was $1.9 billion, an increase of 16.4% compared to the third quarter of 2021.
H World Group Limited (NASDAQ:HTHT) is one of the best Chinese stocks to monitor. It is a Shanghai-based company that develops leased, owned, and franchised hotels primarily in the People's Republic of China. On October 25, H World Group Limited (NASDAQ:HTHT) reported that third quarter's revenue per available room (RevPAR) rebounded to 90% of the 2019 level in Legacy-Huazhu business due to the pent-up leisure traveling demand in the summer holidays. 59ce067264