The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.
Earnings preview of key companies reporting next week and what to look out for.
On Wednesday, Toyota Motor Company (NYSE: TM) reported a blockbuster fourth quarter to end its fiscal year, achieving records from sales to profits. While late in the EV race and significantly behind Tesla Inc (NASDAQ: TSLA), Toyota’s strength in hybrids came in handy as the EV hype cooled down. In late April, Toyota also revealed a partnership with Tencent Holdings Limited (OTC: TCEHY) in an effort to stay competitive. Besides using the help of Tencent to increase the appeal of its vehicles, To