ASHS - Alibaba And Baidu: The Bottom Is Finally Here

May, 31 2022 11:52 AM Xtrackers Harvest CSI 500 China A-Shares Small Cap

My two favorite Chinese companies, Alibaba and Baidu, have declined for more than a year.
During that time, both stocks became drastically oversold and dramatically undervalued.
While there is some risk in owning Chinese stocks, I don't see why they should trade at such ridiculously low multiples.
After all, China's growth isn't dead, and there is remarkable growth potential in quality tech, especially after the meltdown.
I own Baidu and Alibaba, but I am about to add two more Chinese stocks to my All-Weather Portfolio.

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Company Name:	Xtrackers Harvest CSI 500 China A-Shares Small Cap
Stock Symbol:	ASHS
Market:	NYSE