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Stock impact report

3 Stocks to Consider for a Rebound Among Chinese Equities [Yahoo! Finance]

JOYY Inc. - American Depositary Shares (YY) 
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: about.yy.com/s/investors.html
Company Research Source: Yahoo! Finance
Broader economic concerns including higher global inflation and a liquidity crunch in China's property sector may be overdone and there could be a sharp rebound among Chinese stocks on the horizon. According to the International Monetary Fund, China's inflation rate has only risen by 0.7% this year compared to 4.1% in the United States. Furthermore, with a total GDP of over $17.9 trillion at the end of 2022, China's 5% GDP growth this year is above the U.S. at 2.1%. The softer inflationary environment could evenutally propel several Zacks Internet-Services Industry stocks that operate in China and here are a few to consider. Image Source: International Monetary Fund Tencent TCEHY - Zacks Rank #1 (Strong Buy) One Chinese stock that certainly looks poised for a rebound among the Zacks Internet-Services Industry is Tencent Holdings which is an internet services portal. Tencent provides a variety of internet services including value-added internet, mobile, and telecom services Show less Read more
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