FINV: 2 Beaten Down Chinese Stocks Defying the Bear Market
FinVolution Group(NYSE:FINV): The concerns over persistently high inflation, fresh COVID-19 cases in China leading to hard lockdowns, deepening supply chain disruptions, and a potential slowdown in global economic growth have added immense pressure to Chinese stocks of late. Amid the inflationary environment, it could be wise to invest in fundamentally solid beaten-down Chinese stocks, FinVolution (FINV) and 360 DigiTech (QFIN), which could withstand the enhanced market volatility.