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Business
Mangeet Kaur Bouns

Alibaba (BABA) and NetEase (NTES): Is It Time to Invest in These China Stocks?

BABA NTES Alibaba Co China GDP Mangeet Kaur BounsMangeet Alibaba Group Holding Limited Economy NetEase Inc

China’s economic growth came in stronger than expected in the third quarter, propelling hopes that the world’s second-largest economy will meet or even surpass its GDP target of about 5% this year. Consumption and industrial activity in September also showed signs of stabilization in recent economic data.

Given an optimistic economic outlook, it could be an opportune time to invest in fundamentally sound Chinese stocks Alibaba Group Holding Limited (BABA) and NetEase, Inc. (NTES) for solid returns.

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