5 Most Promising Chinese Stocks According to Analysts

Page 5 of 5

1. Zai Lab Limited (NASDAQ:ZLAB)

Number of Hedge Fund Holders: 24

Average Upside Potential as of February 13: 108.12%

Zai Lab Limited (NASDAQ:ZLAB) is a leading Chinese commercial-stage biotechnology company involved in the development and commercialization of treatments for cancer, autoimmune disorders, and infectious diseases. As of February 13, the stock has returned over 20% to investors year to date.

Over the past 3 months, Zai Lab Limited (NASDAQ:ZLAB) has received 6 Buy ratings from Wall Street analysts and has a consensus Strong Buy rating. The stock has a maximum price target of $138 and an average price target of $84.06. The stock’s average price target represents an upside potential of 108.12% from its closing price on February 13. Zai Lab Limited (NASDAQ:ZLAB) is one of the most promising Chinese stocks to buy now according to analysts.

At the close of Q3 2022, Zai Lab Limited (NASDAQ:ZLAB) was a part of 24 investors’ portfolios that held collective stakes worth $426.3 million in the company. As of December 31, Segantii Capital is the top shareholder in the company and has disclosed a position worth $74.5 million.

Follow Zai Lab Ltd (NASDAQ:ZLAB)

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at 11 Most Profitable European Stocks and 16 Most Valuable Japanese Companies.

Page 5 of 5