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Use This Tool to Find Hot China Stocks

The Zacks China Technology thematic screen focuses on China-based technology companies listed on the U.S. stock market, including firms that provide internet services, batteries, and online businesses such as e-commerce, online advertising, online media, online gaming, and social networking platforms.

A top-ranked stock that the screen returned includes Alibaba (BABA - Free Report) . Let’s take a quick look at a few details of the screen before sizing up how BABA presently stands.

China Tech.

China Tech. broadly refers to China-based technology companies across various domains. These firms are leaders in their respective fields and have created a niche market as Beijing aims to reduce reliance on Western technology.

The key technology aspects that have gained prominence in recent times are semiconductors, artificial intelligence, high-performance computing, industrial robots, data centers, satellites, quantum computing, and wireless broadband.

BABA Sees AI Momentum

Alibaba shares have been notably strong over the last month, gaining more than 25% and outpacing the S&P 500’s 20% gain. The company’s EPS outlook remains bullish for its current and next fiscal year, helping land the stock into a favorable Zacks Rank #2 (Buy).

Zacks Investment Research
Image Source: Zacks Investment Research

Notably, its AI-related product revenue throughout its latest period maintained a triple-digit percentage year-over-year growth rate for the seventh consecutive period, with its Cloud Intelligence Group also seeing 18% YoY growth.

More Picks

There were several other top-ranked stocks that the screen returned, which include Microvast (MVST - Free Report) , GDS Holdings (GDS - Free Report) , and Kingsoft Cloud (KC - Free Report) .

To see the full list of stocks that the screen returned, please click here – Zacks Thematic Screens – China Technology

Bottom Line

Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.

Upon running the Zacks China Tech screen, top-ranked Alibaba (BABA - Free Report) , among others, was returned.

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