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The Latest Breaking News from CAAS

With the higher-than-expected economic growth in the first quarter, China seems on track to achieve its GDP target of around 5% in 2024 despite the struggling real estate market. Thus, fundamentally solid China stocks Sunlands Technology (STG), China Automotive Systems (CAAS), and X Financial (XYF) could be ideal buys now.…

StockNews.com

3 China Stocks Positioned for Long-Term Growth

Despite facing challenges, the Chinese economy has demonstrated resilience, as evidenced by recent robust industrial output and retail sales data. Given this outlook, it might be an opportune time to own three top-notch China stocks, JD.com, Inc. (JD), China Automotive Systems (CAAS), and Youdao, Inc. (DAO). Read on….

StockNews.com

Top 3 China Stocks Unleashing Gains in February

Despite facing challenges, China's economy exceeded its growth rate expectations last year. Moreover, the recent surge in consumer spending indicates a promising outlook ahead. Hence, fundamentally sound China stocks Vipshop Holdings (VIPS), China Automotive Systems (CAAS), and Sunlands Technology (STG) might be solid buys for gains this month. Read on.

StockNews.com

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Top 3 China Picks for Future Weekly Gains

The Chinese economy, showcasing remarkable resilience as evidenced by the better-than-expected GDP data for 2023, is anticipated to thrive in the future owing to stimulus measures implemented by Chinese authorities designed to bolster investor confidence. Given this backdrop, quality Chinese stocks China Automotive Systems (CAAS), LexinFintech Holdings (LX), and NetEase…

StockNews.com

Top 3 China Stock Picks for Monthly Success

After encountering several challenges over the past few years, Chinese stocks are expected to perform well, given the slew of corrective measures being taken up by the nation. Given this backdrop, investors could consider investing in fundamentally strong Chinese stocks Youdao (DAO), Ping An Insurance (Group) Company of China (PNGAY),…

StockNews.com

3 China Stock Buys in Focus This Week

With expectations of increased growth and a sustained upward trajectory for China's economy this year, it could be wise to scoop up shares of solid China stocks Tuniu Corporation (TOUR), China Automotive Systems (CAAS), and NetEase (NTES) this week for solid returns. Read on.

StockNews.com

3 A-Rated China Stock Buys

This year, China's economy is expected to expand at an increased pace and continue on an upward track. Therefore, it appears wise to invest in robust A-rated China stocks China Automotive Systems (CAAS), LexinFintech Holdings (LX), and X Financial (XYF) this year for solid returns. Read on….

StockNews.com

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4 China Stocks Crushing the Stock Market Right Now

Despite numerous hurdles, the Chinese economy has showcased an impressive and unwavering resilience, consistently demonstrating robust growth over recent years. Hence, four top-notch China stocks, Alibaba Group (BABA), Baidu, Inc. (BIDU), China Automotive Systems (CAAS), and Tarena International (TEDU), could be solid portfolio additions now. Read more….

StockNews.com

3 'A' POWR Rated China Stocks With Tons of Buying Interest

Despite the challenges, the Chinese economy has exhibited resilience in navigating the pressure and maintaining stability. Thus, fundamentally strong stocks X Financial (XYF), China Automotive Systems, Inc. (CAAS), and Sunlands Technology Group (STG), rated A (Strong Buy) in our POWR Ratings system, could be ideal picks. Let’s discuss….

StockNews.com

3 China Stocks Smart Money Is Following

While worldwide counterparts saw weaker growth due to inflation and rising interest rates, China’s GDP soared in the first quarter of 2023. With the nation’s upward momentum expected to persist, it could be wise to load up on robust China stocks X Financial (XYF), China Automotive (CAAS), and Sunlands Technology…

StockNews.com

Alibaba Group Holding Ltd. ADR (BABA) vs. China Automotive Systems (CAAS): Which Stock Is Catching Investors’ Attention?

With the ‘zero-Covid’ policy behind it, China’s economy began to recover. However, the nation's economic recovery is losing momentum after an initial burst in consumer and business activity earlier this year. Amid a volatile economic backdrop, let’s find out which China stock, Alibaba Group (BABA) and China Automotive (CAAS), is…

StockNews.com

2 Consumer Stocks to Buy for Long-Term

With consumers showing resilience in the face of growing headwinds, consumer stocks Altria Group (MO) and China Automotive (CAAS) could be worth buying. These stocks could be worth adding to your long-term portfolio. Read on.

StockNews.com

Investor Sentiment Turns Positive With These 3 Stocks as the Stock Market Rebounds

After a brutal 2022, the stock market is showing signs of recovery this year, and investor sentiment continues to improve amid the constant moderation in inflation, recent robust economic data, and easing fears about the global financial system. As the stock market rebounds, fundamentally strong stocks M/I Homes, China Automotive…

StockNews.com

3 Chinese Stocks That Could Be Big Winners This Year

While it could be a good idea to invest in resurgent China that is prioritizing economic growth, the prospects of Alibaba (BABA) don’t seem certain enough. Hence, growing Chinese stocks Hello Group (MOMO), China Automotive Systems (CAAS), and Tarena International (TEDU) could be better bets instead. Continue reading….

StockNews.com

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2 China Stocks That Could Be Better Buys Than Alibaba in 2023

Amid the reopening of China’s economy, stocks are expected to see a significant rebound. Therefore, investors could invest in fundamentally strong stocks Hello Group (MOMO) and China Automotive Systems (CAAS) instead of Alibaba Group (BABA). Read more….

StockNews.com

3 Stocks That Are Way Too Cheap to Ignore

The stock market is anticipated to remain volatile in the near term due to the Fed’s incessant rate hikes and recessionary concerns. Against this backdrop, investors can scoop up quality stocks Berry Corp. (BRY), China Automotive (CAAS), and ARC Document (ARC) that look way too cheap to ignore. Read on….

StockNews.com

4 Stocks to Buy for Under $8 in 2023

The better-than-expected 2022 fourth-quarter GDP report and the rise in consumers’ sentiment are fueling optimism in the stock market. Moreover, the signs of cooling inflation might prompt the Fed to go ahead with a slower pace of rate hikes. Hence, fundamentally strong stocks Nokia (NOK), China Automotive (CAAS), Assertio (ASRT),…

StockNews.com

The 3 Best China Stocks to Watch

After an end to a challenging year, the Chinese abandoned its strict zero-Covid policy despite the country facing a surge in infections. This year, a sharp rebound in the economy is expected due to its reopening. Therefore, it could be an opportune time to add fundamentally strong Chinese stocks Hello…

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4 China Stocks to Buy Right Now

After prolonged isolation, China is reopening its doors to the world, and its leadership is determined to do the needful to revive the economy from its slumber. Hence, it could be the perfect opportunity to invest in growing Chinese stocks Pinduoduo (PDD), Hello Group (MOMO), China Automotive Systems (CAAS), and…

Bangkok Post

Fortinet forecasts increase in cyberthreats

Various kinds of cybercrime-as-a-service (CaaS) offerings, the metaverse, virtual city attacks and money laundering-as-a-service (LaaS) are expected to pose crucial threats in cyberspace next year, according to Fortinet, a global cybersecurity company.

Bangkok Post

Singapore aims to be Asia’s busiest international airport

Changi Airport was crowned the world’s best aerodrome for 15 years straight prior to Covid based on its superior traveller offerings and high-tech customer service. Now it’s readying to welcome back visitors en masse, hoping improvements made during the pandemic will cement its status as Asia’s premier aviation hub.

Benzinga

China Automotive Systems Clocks 5.3% Sales Decline In Q4

China Automotive Systems Inc (NASDAQ:CAAS) reported a fourth-quarter FY21 sales decline of 5.3% year-on-year, to $138.8 million, beating the estimate of $126.1 million. The gross profit margin contracted by 140 basis points Y/Y to 14.2%, and the gross profit declined 13.6% to $19.7 million. The operating margin was 0.4%, and operating income for…

Benzinga

China Automotive Systems Inks Supply Contract With SCANIA

China Automotive Systems Inc (NASDAQ: CAAS) has entered into an agreement to develop eRCB steering systems for SCANIA AB's trucks and buses.

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