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Stock impact report

KE Holdings (BEKE): The Best Chinese Stock to Buy According to Wall Street Analysts? [Yahoo! Finance]

KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE) 
Company Research Source: Yahoo! Finance
Nearly every major equity market is up for the year owing to improved investor sentiments. However, it is an exception for Chinese equity markets that continue to underperform while hovering near the zero-COVID lockdown valuations of three years ago. Over the past three years, about $6 trillion has been wiped off the value of Chinese stocks. The global index compiler MSCI has already announced plans to remove up to 60 Chinese stocks from its gauges as it responds to the underperformance of recent years. The cut will signify the waning need and demand for some of the country's equities to overseas investor's portfolios. Amid the cuts, the index will still keep hold of some of the best Chinese stocks to buy now. READ ALSO: 10 Best Oilfield Services Stocks to Buy Now and 7 Best Debt Free Stocks To Buy The underperformance comes amid growing concerns about the Chinese economy, which continues to send jitters to the investment community. The Chinese economy has always outperformed t Show less Read more
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