Home
Stocks
Jefferies recommends Chinese internet stocks amid trade war, sees 'long-term value'
Stocks

Jefferies recommends Chinese internet stocks amid trade war, sees 'long-term value'

5 years ago No Comments

This post was originally published on this site

Signage for Alibaba Group is displayed at the company’s offices in Hong Kong, China, on Thursday, May 5, 2016.

Justin Chin | Bloomberg | Getty Images

Jefferies is betting on Chinese internet stocks in the midst of a full-blown trade war between the U.S. and China.

The firm initiated coverage on 25 Chinese stocks, including Alibaba and Tencent, as it feels market expectations have reset on the sector.

Related Posts

About The Author

admin
More from this Author

Add Comment