Scalper1 News
China’s surprise interest rate cut Friday could deliver a shot in the arm to flagging economic growth and top-performing Chinese stocks like Baidu and BitAuto. Today’s IBD 50 includes five Chinese Internet companies that are outperforming the market and in position to capitalize on the new monetary stimulus. BitAuto (BITA) is No. 1 on the IBD 50. China is the world’s largest auto market, and lower interest rates could further spur sales, providing Scalper1 News
Scalper1 News