Alibaba and Baidu are among the most traded Chinese stocks by Brazilians

Teamwork Ali Baba, a company operating in several sectors, especially e-commerce, was the Chinese asset most traded by Brazilians on stock exchanges. Nova York 2021. The data is part of a survey conducted by the Stake Investment platform.

In second place in the ranking is the work of NIO, a company headquartered in Shanghai Which designs, develops and sells electric vehicles. It is followed by Didi, a mobility technology platform operating in Brazil with App 99.

Fourth place went to Xpeng, who is considered a North American competitor Tesla To work in the development of electric and autonomous vehicles. Already in the lamp is the work of Baidu, the owner of the main Internet search tool for China.

In addition to the survey studying investors only from Brazil, Stake also compiled data considering the three other countries in which it operates, namely Australia, the United Kingdom and New Zealand. In this case, the most heavily traded stock was NIO, followed by Alibaba. Check the data from the four countries:

But for the year, the only stock with a positive performance out of the five is Xpeng. In general, Chinese assets have been affected by concerns organizational procedures By the Government of China, in addition to A crisis involving the developer Evergrande.

Government pressure, for example, led Didi to announce last week about itIt will delist its shares from the New York Stock Exchangewhere it is traded. Now, the assets will go to the Hong Kong Stock Exchange.

However, Rodrigo Lima, investment analyst at Stake, sees a long-term trend towards liberalization of Chinese markets, which maintains the attractiveness of asset investments in the country despite the “unpredictability of domestic regulatory actions”.

performance of the Chinese economy, GDP (Start) grew 2.3% in 2020 even with the effects of the pandemic, which makes investing in the country more attractive, and favors portfolio diversification, according to Lima. He also claims that, according to expectations, China should expose the falsity of United State It will become the largest economy in the world by 2028.

Generally, stocks of major Chinese companies can be accessed via US stock exchanges. But there are also stock receipts that are traded in b 3calls BDRs, which allows investing in the Brazilian stock exchange, is the case of Alibaba, whose BDR bears the symbol BABA34.