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How Chinese Tech Stocks Fared Yesterday

How Chinese Tech Stocks Fared Yesterday

Chinese (FXI) stocks have had a difficult year so far, as trade wars have weighed heavily on companies. Several China-based companies are now trading close to their 52-week lows. However, the growth story for China remains intact and is far from over. Top Chinese stocks are now trading at cheap valuations and might be available at a bargain for long-term investors given their high revenue growth estimates.