January is off to an encouraging start. The S&P 500 is up 1.8% through just the first 10 trading days of 2020, but some stocks are obviously doing even better than the market average. I recently took a look at a few stocks that have posted year-to-date returns of 10% or better, and now it's time that I do the same with Chinese growth stocks.
Baidu (NASDAQ: BIDU), Luckin Coffee (NASDAQ: LK), JD.com (NASDAQ: JD), and iQiyi (NASDAQ: IQ) are four of the Chinese stocks that have delivered double-digit percentage gains for their investors this month. Let's see why they're crushing the market so far in 2020.
Image source: Baidu.