Pennystocks China – While recently there was a danger that many Chinese companies would be taken off the U.S. stock exchanges, this fear seems to have subsided with the change of government. Now there are signs of greater movement on China’s stock exchanges. Added to this is the approval by the China Securities Regulatory Commission of the merger of the main stock exchange division of the Shenzen Stock Exchange with the SME division.
But these factors are not the only ones driving the upswing in Chinese penny stocks. The emerging tech industry is also helping to raise awareness of listed companies in China. In addition, there is a generally bullish attitude towards pennystocks.
Can this last? After all, Chinese tech stocks are known for volatility. We give you an overview of pennystocks from China in this article.
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1. Pennystocks China – Blue Hat Interactive Entertainment Technology (BHAT)
The company of this Chinese penny stock released its preliminary financial results for the 4th quarter a few weeks ago. Its total revenues increased by about 70% to about 16.8 million euros (compared to the same period last year). This increase is said to be particularly due to the new Internet Data Center business, following the strategic acquisition of Xunpusen Technology Co, Ltd.
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of interactive entertainment games and toys using augmented reality (AR) technology.
If you have this or another Chinese penny stock on your list, however, you should know that many of these cheap securities move based on sympathy. As such, they often come with higher risk and hype.
If you want to learn more about pennystocks in advance for this reason, we recommend reading our posts „What are Penny Stocks?“ and „How to Find Pennystocks?„.
2. Penny Stocks China – China BAK Battery Inc. (CBAK)
The stock of this Chinese company is currently just above the level of a penny stock. The world’s leading manufacturer of lithium-based battery cells has a production capacity of 1.5 million units per day. The company thus makes annual sales of about 193 billion euros.
Its core business is the production of cylindrical, prismatic and polymer battery cells, which are the main component of rechargeable batteries. These are widely used in cell phones, notebooks and portable consumer electronics such as digital media devices, portable media players, portable audio players, portable gaming devices, PDAs, EVs, etc.
3. Pennystocks China – Chinanet Online Holdings Inc. (CNET)
This penny stock company from China provides advertising, marketing and sales management services to small and medium sized businesses in China. They help these businesses increase sales and build a brand through their online web portal 28.com.
ChinaNet’s integrated platforms also help entrepreneurs connect with franchisees to expand into new and existing markets throughout China. Another component of ChinaNet Online’s business, is its growing portfolio of cloud-based management tools that help companies manage their businesses more efficiently.
4. Penny Stocks China– China Sunergy Co. (CSUN)
This Chinese penny stock is in the renewable energy sector. With the energy transition on track – peaking in 2030 – this penny stock could have some potential.
China Sunergy manufactures solar cells from silicon wafers, using crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect.
The company sells its solar cell products to both Chinese and foreign module manufacturers and system integrators. End products include solar cells and modules in various sizes and power levels.
Das Unternehmen verkauft seine Solarzellenprodukte sowohl an chinesische, als auch ausländische Modulhersteller und Systemintegratoren. Zu den Endprodukten gehören Solarzellen und Module in verschiedenen Größen und Leistungsstufen.
Pennystocks China Liste – weitere günstige Aktien
Conclusion
Hopefully, we were able to give you a small overview of Chinese pennystocks. Of course, there are many more companies from China that we could introduce. Especially in the field of renewable energies, we believe that China will see a lot of changes in the next few years.
If we should take a closer look at one of the companies mentioned, please write us in the comments.
