3 Chinese Stocks Built to Outlast the Coronavirus Outbreak
There's no denying that the coronavirus outbreak that started in China is horrible. The death toll topped 2,000 earlier this week.
Folks are concerned worldwide, but naturally panic levels are higher in China, where most of the damage is being done. The already weakening Chinese economy is slowing to a crawl, and while supply chain disruptions will be felt worldwide, it's the companies counting on Chinese consumers the most that are taking the hardest hit. This is a challenging time for investors, but some Chinese growth stocks -- Tencent Music (NYSE: TME), Bilibili (NASDAQ: BILI), and Youdao (NYSE: DAO) -- are doing just fine in this environment. Let's see why these companies are bucking the trend.
Image source: Bilibili.
Source Fool.com
