<p>考慮到北京經濟波動的情況，押注最佳中國股票可能看起來有些奇怪。</p>
<p>最近的數據顯示，中國經濟從 4 月到 6 月增長了 4.7%，較去年同期的 5.3% 增幅顯著下降。挑戰包括房地產市場低迷和工業產出疲軟，這些因素壓制了市場情緒。</p>
<p>然而，摩根大通（JPMorgan Chase）亞洲科技、媒體和電信研究主管 Alex Yao 認為，中國科技股已觸底。他對中國科技行業的看法凸顯了投資者在市場波動中重新考慮的態度，這種波動源於地緣政治緊張局勢和其他市場不確定性。</p>
<p>現在是搶購一些最佳中國股票的絕佳時機。這些以科技為重點的股票已經成功度過了風暴，從當前價格中獲得了卓越的長期上漲潛力。理解正在發生的高風險、高回報的動態至關重要。</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>來源：monticello / Shutterstock.com</p>
<p><strong>百度</strong>（納斯達克：BIDU）是中國科技領域一個引人注目的價值投資。儘管過去幾年股價表現疲軟，但其人工智能項目可能引發一個有希望的反彈。</p>
<p>通過其 ERNIE 生成式人工智能模型，百度在人工智能領域取得了重大進展。其目標是推動定製模型和人工智能原生應用程序的開發，以減少對傳統搜索和廣告的依賴。廣告可能佔其收入的 60%，然而公司不斷擴大的人工智能重心可能重塑其格局。儘管最近銷售疲軟，CEO 李彥宏對人工智能將在長期內維持營收和利潤增長持樂觀態度。</p>
<p>此外，百度的雲計算業務繼續與其人工智能努力同步增長。其雲計算部門去年增長強勁，增長超過 6%，今年第一季度激增 12%。隨着人工智能的應用，預計持續擴張。</p>
<h2>名創優品集團（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>來源：shutterstock.com/Hendrick Wu</p>
<p><strong>名創優品集團</strong>（紐約證券交易所：MNSO）是一家在全球範圍內擁有知名度的中國生活方式零售商。通過其具有競爭力的定價和多樣化產品範圍，它在同行中脱穎而出。此外，儘管面臨逆風，它擁有連續增長的優秀業績記錄。</p>
<p>此外，它是一家被低估的公司，具備長期價值創造的潛力。以僅 12.3 倍的前瞻市盈率和誘人的 2.7% 收益率，這家生活方式零售商呈現出極具吸引力的價值投資機會。</p>
<p>第一季度對該公司來説是不可思議的，營收同比增長 26%，達到 5.157 億美元，EBITDA 利潤率增長 2%，達到 25.9%。此外，名創優品集團計劃通過在 2028 年之前每年開設 900 至 1100 家新店，以實現迅速擴張，目標增長超過 20%。此外，憑藉 2.21 億美元的自由現金流，該公司有能力維持其增長軌跡。</p>
<h2>百勝中國（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>來源：rblfmr / Shutterstock.com</p>
<p><strong>百勝中國</strong>（紐約證券交易所：YUMC）是中國快餐業中的巨頭，掌握着包括肯德基、必勝客、Lavazza 和塔可鍾在內的知名品牌組合。</p>
<p>在第一季度擁有 15,022 家門店，該公司繼續有效擴大業務範圍，同時增強其營收增長。過去五年，營收增長平均為 5.31%，而同期 EBITDA 增長平均為 6.55%。</p>
<p>此外，儘管在不太理想的情況下運營，百勝中國從基本面的角度看仍然穩健，核心運營利潤增長超過 1%，達到 3.96 億美元。同樣，調整後的每股收益在最新季度上漲 3%，達到 71 美分。</p>
<p>然而，儘管利潤率改善，公司面臨同店銷售下滑和運營利潤率收縮的困境。然而，隨着經濟不確定性的減輕，百勝中國的增長將再次超過營收預期。為增強投資者信心，該公司承諾今年通過股息和股份回購向股東返還 15 億美元。</p>
<p>_在本文發佈日期，Muslim Farooque 對本文提及的證券沒有（直接或間接）任何持倉。本文中表達的觀點屬於作者個人，受到 InvestorPlace.com 發佈指南的約束。</p>
<p>_在本文發佈日期，負責編輯對本文提及的證券沒有（直接或間接）任何持倉。</p>
<p>Muslim Farooque 是一位熱心的投資者和樂觀主義者。作為一名終身遊戲玩家和科技愛好者，他特別喜歡分析科技股。Muslim 擁有牛津布魯克斯大學應用會計學學士學位。</p>

百度-SW

百度

名創優品

百勝中國

百度集團-SWR

百勝餐飲

<p>中國科技股儘管面臨中國經濟挑戰，但已觸底回升。百度作為領先科技公司，正專注於人工智能推動增長。生活方式零售商名創優品集團正計劃擴張，為長期價值創造做好準備。快餐巨頭百勝中國雖然面臨阻力，但隨着經濟不確定性減輕，預計將實現增長。現在是投資最佳中國股票的好時機</p>

<p>Considering Beijing’s fluctuating economic cues, betting on the best Chinese stocks may seem odd.</p>
<div class="lb-trans"><p>考慮到北京經濟波動的情況，押注最佳中國股票可能看起來有些奇怪。</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>最近的數據顯示，中國經濟從 4 月到 6 月增長了 4.7%，較去年同期的 5.3% 增幅顯著下降。挑戰包括房地產市場低迷和工業產出疲軟，這些因素壓制了市場情緒。</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）亞洲科技、媒體和電信研究主管 Alex Yao 認為，中國科技股已觸底。他對中國科技行業的看法凸顯了投資者在市場波動中重新考慮的態度，這種波動源於地緣政治緊張局勢和其他市場不確定性。</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>現在是搶購一些最佳中國股票的絕佳時機。這些以科技為重點的股票已經成功度過了風暴，從當前價格中獲得了卓越的長期上漲潛力。理解正在發生的高風險、高回報的動態至關重要。</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>來源：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>（納斯達克：BIDU）是中國科技領域一個引人注目的價值投資。儘管過去幾年股價表現疲軟，但其人工智能項目可能引發一個有希望的反彈。</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>通過其 ERNIE 生成式人工智能模型，百度在人工智能領域取得了重大進展。其目標是推動定製模型和人工智能原生應用程序的開發，以減少對傳統搜索和廣告的依賴。廣告可能佔其收入的 60%，然而公司不斷擴大的人工智能重心可能重塑其格局。儘管最近銷售疲軟，CEO 李彥宏對人工智能將在長期內維持營收和利潤增長持樂觀態度。</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，百度的雲計算業務繼續與其人工智能努力同步增長。其雲計算部門去年增長強勁，增長超過 6%，今年第一季度激增 12%。隨着人工智能的應用，預計持續擴張。</p>
</div><h2>Miniso Group (MNSO)</h2>
<div class="lb-trans"><h2>名創優品集團（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>來源：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>名創優品集團</strong>（紐約證券交易所：MNSO）是一家在全球範圍內擁有知名度的中國生活方式零售商。通過其具有競爭力的定價和多樣化產品範圍，它在同行中脱穎而出。此外，儘管面臨逆風，它擁有連續增長的優秀業績記錄。</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，具備長期價值創造的潛力。以僅 12.3 倍的前瞻市盈率和誘人的 2.7% 收益率，這家生活方式零售商呈現出極具吸引力的價值投資機會。</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>第一季度對該公司來説是不可思議的，營收同比增長 26%，達到 5.157 億美元，EBITDA 利潤率增長 2%，達到 25.9%。此外，名創優品集團計劃通過在 2028 年之前每年開設 900 至 1100 家新店，以實現迅速擴張，目標增長超過 20%。此外，憑藉 2.21 億美元的自由現金流，該公司有能力維持其增長軌跡。</p>
</div><h2>Yum China (YUMC)</h2>
<div class="lb-trans"><h2>百勝中國（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>來源：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>百勝中國</strong>（紐約證券交易所：YUMC）是中國快餐業中的巨頭，掌握着包括肯德基、必勝客、Lavazza 和塔可鍾在內的知名品牌組合。</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>在第一季度擁有 15,022 家門店，該公司繼續有效擴大業務範圍，同時增強其營收增長。過去五年，營收增長平均為 5.31%，而同期 EBITDA 增長平均為 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，儘管在不太理想的情況下運營，百勝中國從基本面的角度看仍然穩健，核心運營利潤增長超過 1%，達到 3.96 億美元。同樣，調整後的每股收益在最新季度上漲 3%，達到 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，儘管利潤率改善，公司面臨同店銷售下滑和運營利潤率收縮的困境。然而，隨着經濟不確定性的減輕，百勝中國的增長將再次超過營收預期。為增強投資者信心，該公司承諾今年通過股息和股份回購向股東返還 15 億美元。</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>_在本文發佈日期，Muslim Farooque 對本文提及的證券沒有（直接或間接）任何持倉。本文中表達的觀點屬於作者個人，受到 InvestorPlace.com 發佈指南的約束。</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>_在本文發佈日期，負責編輯對本文提及的證券沒有（直接或間接）任何持倉。</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 是一位熱心的投資者和樂觀主義者。作為一名終身遊戲玩家和科技愛好者，他特別喜歡分析科技股。Muslim 擁有牛津布魯克斯大學應用會計學學士學位。</p>
</div>

The 3 Best Chinese Stocks to Buy in August 2024

- 中國經濟增長放緩至 4.7%，市場情緒受房地產低迷和工業產出疲軟影響。  
- 亞洲 TMT 研究主管 Alex Yao 認為中國科技股已觸底，投資者開始重新考慮市場波動。  
- Baidu（BIDU）在人工智能領域取得進展，雲計算業務增長強勁；Miniso Group（MNSO）展現穩健增長，計劃大規模擴張；Yum China（YUMC）持續增長，承諾向股東返還 15 億美元。

2024 年 8 月最值得購買的三隻中國股票