<p>考虑到北京经济波动的情况，押注最佳中国股票可能看起来有些奇怪。</p>
<p>最近的数据显示，中国经济从 4 月到 6 月增长了 4.7%，较去年同期的 5.3% 增幅显著下降。挑战包括房地产市场低迷和工业产出疲软，这些因素压制了市场情绪。</p>
<p>然而，摩根大通（JPMorgan Chase）亚洲科技、媒体和电信研究主管 Alex Yao 认为，中国科技股已触底。他对中国科技行业的看法凸显了投资者在市场波动中重新考虑的态度，这种波动源于地缘政治紧张局势和其他市场不确定性。</p>
<p>现在是抢购一些最佳中国股票的绝佳时机。这些以科技为重点的股票已经成功度过了风暴，从当前价格中获得了卓越的长期上涨潜力。理解正在发生的高风险、高回报的动态至关重要。</p>
<h2>百度（BIDU）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：monticello / Shutterstock.com</p>
<p><strong>百度</strong>（纳斯达克：BIDU）是中国科技领域一个引人注目的价值投资。尽管过去几年股价表现疲软，但其人工智能项目可能引发一个有希望的反弹。</p>
<p>通过其 ERNIE 生成式人工智能模型，百度在人工智能领域取得了重大进展。其目标是推动定制模型和人工智能原生应用程序的开发，以减少对传统搜索和广告的依赖。广告可能占其收入的 60%，然而公司不断扩大的人工智能重心可能重塑其格局。尽管最近销售疲软，CEO 李彦宏对人工智能将在长期内维持营收和利润增长持乐观态度。</p>
<p>此外，百度的云计算业务继续与其人工智能努力同步增长。其云计算部门去年增长强劲，增长超过 6%，今年第一季度激增 12%。随着人工智能的应用，预计持续扩张。</p>
<h2>名创优品集团（MNSO）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：shutterstock.com/Hendrick Wu</p>
<p><strong>名创优品集团</strong>（纽约证券交易所：MNSO）是一家在全球范围内拥有知名度的中国生活方式零售商。通过其具有竞争力的定价和多样化产品范围，它在同行中脱颖而出。此外，尽管面临逆风，它拥有连续增长的优秀业绩记录。</p>
<p>此外，它是一家被低估的公司，具备长期价值创造的潜力。以仅 12.3 倍的前瞻市盈率和诱人的 2.7% 收益率，这家生活方式零售商呈现出极具吸引力的价值投资机会。</p>
<p>第一季度对该公司来说是不可思议的，营收同比增长 26%，达到 5.157 亿美元，EBITDA 利润率增长 2%，达到 25.9%。此外，名创优品集团计划通过在 2028 年之前每年开设 900 至 1100 家新店，以实现迅速扩张，目标增长超过 20%。此外，凭借 2.21 亿美元的自由现金流，该公司有能力维持其增长轨迹。</p>
<h2>百胜中国（YUMC）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>来源：rblfmr / Shutterstock.com</p>
<p><strong>百胜中国</strong>（纽约证券交易所：YUMC）是中国快餐业中的巨头，掌握着包括肯德基、必胜客、Lavazza 和塔可钟在内的知名品牌组合。</p>
<p>在第一季度拥有 15,022 家门店，该公司继续有效扩大业务范围，同时增强其营收增长。过去五年，营收增长平均为 5.31%，而同期 EBITDA 增长平均为 6.55%。</p>
<p>此外，尽管在不太理想的情况下运营，百胜中国从基本面的角度看仍然稳健，核心运营利润增长超过 1%，达到 3.96 亿美元。同样，调整后的每股收益在最新季度上涨 3%，达到 71 美分。</p>
<p>然而，尽管利润率改善，公司面临同店销售下滑和运营利润率收缩的困境。然而，随着经济不确定性的减轻，百胜中国的增长将再次超过营收预期。为增强投资者信心，该公司承诺今年通过股息和股份回购向股东返还 15 亿美元。</p>
<p>_在本文发布日期，Muslim Farooque 对本文提及的证券没有（直接或间接）任何持仓。本文中表达的观点属于作者个人，受到 InvestorPlace.com 发布指南的约束。</p>
<p>_在本文发布日期，负责编辑对本文提及的证券没有（直接或间接）任何持仓。</p>
<p>Muslim Farooque 是一位热心的投资者和乐观主义者。作为一名终身游戏玩家和科技爱好者，他特别喜欢分析科技股。Muslim 拥有牛津布鲁克斯大学应用会计学学士学位。</p>

百度-SW

百度

名创优品

百胜中国

百度集团-SWR

百胜餐饮

<p>中国科技股尽管面临中国经济挑战，但已触底回升。百度作为领先科技公司，正专注于人工智能推动增长。生活方式零售商名创优品集团正计划扩张，为长期价值创造做好准备。快餐巨头百胜中国虽然面临阻力，但随着经济不确定性减轻，预计将实现增长。现在是投资最佳中国股票的好时机</p>

<p>Considering Beijing’s fluctuating economic cues, betting on the best Chinese stocks may seem odd.</p>
<div class="lb-trans"><p>考虑到北京经济波动的情况，押注最佳中国股票可能看起来有些奇怪。</p>
</div><p>Recent data shows that the Chinese economy grew 4.7% from April to June, down significantly from the 5.3% gain in the prior year quarter. Challenges, including the housing slump and weaknesses in industrial output, have weighed down market sentiment.</p>
<div class="lb-trans"><p>最近的数据显示，中国经济从 4 月到 6 月增长了 4.7%，较去年同期的 5.3% 增幅显著下降。挑战包括房地产市场低迷和工业产出疲软，这些因素压制了市场情绪。</p>
</div><p>However, Alex Yao, a lead figure in Asia TMT research at <strong>JPMorgan Chase</strong>, believes Chinese tech stocks have bottomed out. His stance on the Chinese tech sector underscores a broader reconsideration among investors amidst the market volatility stemming from geopolitical tensions and other market uncertainties.</p>
<div class="lb-trans"><p>然而，摩根大通（JPMorgan Chase）亚洲科技、媒体和电信研究主管 Alex Yao 认为，中国科技股已触底。他对中国科技行业的看法凸显了投资者在市场波动中重新考虑的态度，这种波动源于地缘政治紧张局势和其他市场不确定性。</p>
</div><p>It’s an excellent time to scoop up some shares in the best Chinese stocks. Tech-focused, these stocks have effectively weathered the storms, promising exceptional long-term upside potential from current prices. Understanding the high-risk, high-reward dynamics at play is imperative.</p>
<div class="lb-trans"><p>现在是抢购一些最佳中国股票的绝佳时机。这些以科技为重点的股票已经成功度过了风暴，从当前价格中获得了卓越的长期上涨潜力。理解正在发生的高风险、高回报的动态至关重要。</p>
</div><h2>Baidu (BIDU)</h2>
<div class="lb-trans"><h2>百度（BIDU）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: monticello / Shutterstock.com</p>
<div class="lb-trans"><p>来源：monticello / Shutterstock.com</p>
</div><p><strong>Baidu</strong>(NASDAQ:<strong>BIDU</strong>) is a compelling value proposition in the Chinese tech arena. Although the stock has been laggard over the past few years, its AI ventures could ignite a promising rebound.</p>
<div class="lb-trans"><p><strong>百度</strong>（纳斯达克：BIDU）是中国科技领域一个引人注目的价值投资。尽管过去几年股价表现疲软，但其人工智能项目可能引发一个有希望的反弹。</p>
</div><p>It’s been making major strides in the AI space through its ERNIE generative AI models. The goal is to fuel the development of customized models and AI-native applications to reduce its dependency on traditional search and advertising. Advertising may drive 60% of its revenue, yet the firm’s expanding AI focus could reshape its landscape. Despite the sluggish sales of late, CEO Robin Li is confident that AI will sustain top-and-bottom-line growth over the long term.</p>
<div class="lb-trans"><p>通过其 ERNIE 生成式人工智能模型，百度在人工智能领域取得了重大进展。其目标是推动定制模型和人工智能原生应用程序的开发，以减少对传统搜索和广告的依赖。广告可能占其收入的 60%，然而公司不断扩大的人工智能重心可能重塑其格局。尽管最近销售疲软，CEO 李彦宏对人工智能将在长期内维持营收和利润增长持乐观态度。</p>
</div><p>Furthermore, Baidu’s cloud computing segment continues to grow in tandem with its AI endeavors. Its cloud division has seen robust growth, climbing over 6% last year and surging 12% in Q1 this year. With the layering of AI, sustained expansion is anticipated.</p>
<div class="lb-trans"><p>此外，百度的云计算业务继续与其人工智能努力同步增长。其云计算部门去年增长强劲，增长超过 6%，今年第一季度激增 12%。随着人工智能的应用，预计持续扩张。</p>
</div><h2>Miniso Group (MNSO)</h2>
<div class="lb-trans"><h2>名创优品集团（MNSO）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: shutterstock.com/Hendrick Wu</p>
<div class="lb-trans"><p>来源：shutterstock.com/Hendrick Wu</p>
</div><p><strong>Miniso Group</strong> (NYSE:<strong>MNSO</strong>) is a popular Chinese lifestyle retailer with a global presence. It distinguishes itself from its peers through its competitive pricing and dynamic product range. Moreover, despite the headwinds, it boasts an excellent track record of posting consistent growth.</p>
<div class="lb-trans"><p><strong>名创优品集团</strong>（纽约证券交易所：MNSO）是一家在全球范围内拥有知名度的中国生活方式零售商。通过其具有竞争力的定价和多样化产品范围，它在同行中脱颖而出。此外，尽管面临逆风，它拥有连续增长的优秀业绩记录。</p>
</div><p>Additionally, it stands as an undervalued play poised for long-term value creation. Sporting a forward P/E of just 12.3 times and an enticing 2.7% yield, this lifestyle retailer presents itself as a highly attractive value proposition.</p>
<div class="lb-trans"><p>此外，它是一家被低估的公司，具备长期价值创造的潜力。以仅 12.3 倍的前瞻市盈率和诱人的 2.7% 收益率，这家生活方式零售商呈现出极具吸引力的价值投资机会。</p>
</div><p>Q1 was incredible for the firm, posting a superb 26% YOY surge in revenues to $515.7 million and a 2% increase in EBITDA margins to 25.9%. Additionally, Miniso is looking to expand rapidly, backed by plans to launch 900 to 1,100 new stores annually through 2028, targeting upwards of 20% growth. Also, with $221 million in free cash flows, the company is well-equipped to sustain its growth trajectory.</p>
<div class="lb-trans"><p>第一季度对该公司来说是不可思议的，营收同比增长 26%，达到 5.157 亿美元，EBITDA 利润率增长 2%，达到 25.9%。此外，名创优品集团计划通过在 2028 年之前每年开设 900 至 1100 家新店，以实现迅速扩张，目标增长超过 20%。此外，凭借 2.21 亿美元的自由现金流，该公司有能力维持其增长轨迹。</p>
</div><h2>Yum China (YUMC)</h2>
<div class="lb-trans"><h2>百胜中国（YUMC）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: rblfmr / Shutterstock.com</p>
<div class="lb-trans"><p>来源：rblfmr / Shutterstock.com</p>
</div><p><strong>Yum China</strong> (NYSE: <strong>YUMC</strong>) is a juggernaut in the Chinese fast-food landscape, steering its portfolio of popular brands, including KFC, Pizza Hut, Lavazza and Taco Bell.</p>
<div class="lb-trans"><p><strong>百胜中国</strong>（纽约证券交易所：YUMC）是中国快餐业中的巨头，掌握着包括肯德基、必胜客、Lavazza 和塔可钟在内的知名品牌组合。</p>
</div><p>With 15,022 stores in Q1, the firm continues effectively growing its footprint while bolstering its top-line growth. Top-line growth has averaged 5.31% in the past five years, while EBITDA growth averaged 6.55% over the same period.</p>
<div class="lb-trans"><p>在第一季度拥有 15,022 家门店，该公司继续有效扩大业务范围，同时增强其营收增长。过去五年，营收增长平均为 5.31%，而同期 EBITDA 增长平均为 6.55%。</p>
</div><p>Moreover, despite operating in less-than-ideal circumstances, Yum China remains solid from a fundamentals perspective, with core operating profits jumping more than 1% to $396 million. Similarly, adjusted EPS has risen 3% to 71 cents in the latest quarter.</p>
<div class="lb-trans"><p>此外，尽管在不太理想的情况下运营，百胜中国从基本面的角度看仍然稳健，核心运营利润增长超过 1%，达到 3.96 亿美元。同样，调整后的每股收益在最新季度上涨 3%，达到 71 美分。</p>
</div><p>However, despite the improving margins, the firm is up against headwinds with falling same-store sales and shrinking operational margins. Yet, as economic uncertainty eases, Yum China’s growth will return to beating top-line expectations again. Adding to investor confidence, the firm has committed to returning $1.5 billion to shareholders through dividends and share repurchases this year.</p>
<div class="lb-trans"><p>然而，尽管利润率改善，公司面临同店销售下滑和运营利润率收缩的困境。然而，随着经济不确定性的减轻，百胜中国的增长将再次超过营收预期。为增强投资者信心，该公司承诺今年通过股息和股份回购向股东返还 15 亿美元。</p>
</div><p><em>On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em> <em>Publishing Guidelines</em>.</p>
<div class="lb-trans"><p>_在本文发布日期，Muslim Farooque 对本文提及的证券没有（直接或间接）任何持仓。本文中表达的观点属于作者个人，受到 InvestorPlace.com 发布指南的约束。</p>
</div><p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div class="lb-trans"><p>_在本文发布日期，负责编辑对本文提及的证券没有（直接或间接）任何持仓。</p>
</div><p>Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.</p>
<div class="lb-trans"><p>Muslim Farooque 是一位热心的投资者和乐观主义者。作为一名终身游戏玩家和科技爱好者，他特别喜欢分析科技股。Muslim 拥有牛津布鲁克斯大学应用会计学学士学位。</p>
</div>

The 3 Best Chinese Stocks to Buy in August 2024

- 中国经济增长放缓至 4.7%，市场情绪受房地产低迷和工业产出疲软影响。  
- 亚洲 TMT 研究主管 Alex Yao 认为中国科技股已触底，投资者开始重新考虑市场波动。  
- Baidu（BIDU）在人工智能领域取得进展，云计算业务增长强劲；Miniso Group（MNSO）展现稳健增长，计划大规模扩张；Yum China（YUMC）持续增长，承诺向股东返还 15 亿美元。

2024 年 8 月最值得购买的三只中国股票