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LU - 5 Unconventional Chinese Tech Stocks To Buy Before 2021
Lufax Holding Ltd American Depositary Shares two of which representing one
China is the only major economy that grew in 2020, with its GDP projected to add an extra 8% in 2021.
Fintech Lufax, delivery firm Dada Nexus and smartwatch maker Huami will benefit from the country's strengthening consumer confidence and growing disposable income.
The 'new infrastructure' and the recent digital transformation rush will propel data center operator GDS Holdings and telco China Mobile.
See our latest insights into China's tech on equalocean.com or contact us at contact@equalocean.com for more information.