Trend of the Week: China's Back - May 1 2022 - JubakPicks.com

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At the end of last week, the Chinese government sent signals that it would make moves to stimulate the slowing economy amid widespread lockdowns, as well as seeming to indicate that it would let up slightly in its crackdown on internet companies. This has sent Chinese tech stocks soaring, with multiple percentage-point increases in a few hours. In this video, I look at Tencent (TCEHY), JD.com (JD), Alibaba (BABA) and Meituan (MPNGF) and talk about why this is an important trend to follow, but we'll only see these stocks go up in the short term before government pressure sends them back down.

Jim is a seasoned stock picker with years of experience. Previously, he was the editor of Venture magazine, senior financial editor at Worth magazine, and from 1997 to 2012 senior markets editor at MSN Money. He's also the author of four books, most recently Juggling With Knives: Smart Investing in the Coming Age of Volatility.

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- Jim

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