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<Research>Citi: N. American Investors Agree CN Internet Stock Valuation Still Low w/ Potential Upward Estimates Revision Not Yet Reflected
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According to a research report from Citi, funds with a bullish strategy that have already raised their holdings in undervalued large-cap internet stocks and value-driven funds earlier are now enjoying satisfactory returns. Many North American investors agreed that since the valuation levels of China's internet industry remain low, the current large-scale market rebound has not yet fully factored in potential upward estimates revision of these companies. The report listed the most discussed stocks, including PDD (PDD.US), BABA-W (09988.HK) (BABA.US), MEITUAN-W (03690.HK), TENCENT (00700.HK), TRIP.COM-S (09961.HK) (TCOM.US), JD-SW (09618.HK) (JD.US), TME-SW (01698.HK) (TME.US), NTES-S (09999.HK) (NTES.US), and BIDU-SW (09888.HK) (BIDU.US). AAStocks Financial News |
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