3 Top Chinese Stocks to Watch in October
The U.S. and China are set to resume trade talks in the second week of October. Investors shouldn't assume that these talks will yield any better results than the previous discussions in July but should still keep an eye on these three unloved Chinese stocks that could bounce on any positive news.
China Mobile (NYSE: CHL), the country's largest state-backed wireless carrier, lost about 15% of its value over the past 12 months due to three main issues: the saturation of China's smartphone market, government-mandated reductions in prices, the elimination of data roaming charges, and the high costs of upgrading its networks to 5G standards.
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Source Fool.com
