One of the biggest pieces of news in the last week has been China abandoning its Zero-Covid policy and beginning to reopen its economy despite increasing COVID-19 cases in the country. This will majorly impact businesses worldwide as China is one of the world's largest purchasers and producers of goods. Oil markets, for example, surged when the news was public as investors anticipated that global oil demand would significantly increase with China raising its consumption level now that people can travel and businesses can reopen. 

Let’s look at some stocks that are U.S. based but have suffered due to their exposure to China's markets. All seven of these stocks are primed to rebound if the Chinese markets improve as expected. #A Glance of China 行摄中国 

A Glance of China 行摄中国

One of the biggest pieces of news in the last week has been China abandoning its Zero-Covid policy and beginning to reopen its economy despite increasing COVID-19 cases in the country. This will majorly impact businesses worldwide as China is one of the world's largest purchasers and producers of goods. Oil markets, for example, surged when the news was public as investors anticipated that global oil demand would significantly increase with China raising its consumption level now that people can travel and businesses can reopen.   Let’s look at some stocks that are U.S. based but have suffered due to their exposure to China's markets. All seven of these stocks are primed to rebound if the Chinese markets improve as expected. #A Glance of China 行摄中国

Sam Mendoza

surprised, but not surprised by the shoe companies

Todd Smith

https://seekingalpha.com/article/4566666-impacts-china-lifting-covid-measures-arrivals

China will lift Covid measures for international arrivals. This will benefit foreigners visiting China as well as residents in China visiting foreign locations. Read more here...

Impacts Of China Lifting Covid Measures For Arrivals

Stock To Watch: Unity Software (U)

• The stock is down 79.99% so far this year and has not benefited from some of the recent rebound in tech stocks, losing 17.5% in the last month. 
• The stock has a 15.2% exposure to China which some investors have cited as a cause for recent losses. 
• The stock has more than a 25% upside from most analysts.

Stock To Watch: Unity Software (U)  • The stock is down 79.99% so far this year and has not benefited from some of the recent rebound in tech stocks, losing 17.5% in the last month.  • The stock has a 15.2% exposure to China which some investors have cited as a cause for recent losses.  • The stock has more than a 25% upside from most analysts.

Stock To Watch: Nike (NKE)

• Similar to Sketchers, Nike has significant supply chain investments in China. 
• Nike is down 33.1% so far this year, with supply issues compounded by the loss of major ambassadors and a move into the 
• NFT space that has yet to pay off. 
The company has a 16.1% exposure rate to China.

Stock To Watch: Nike (NKE)  • Similar to Sketchers, Nike has significant supply chain investments in China.  • Nike is down 33.1% so far this year, with supply issues compounded by the loss of major ambassadors and a move into the  • NFT space that has yet to pay off.  The company has a 16.1% exposure rate to China.

!! Apple!  I was looking at it as Apple has hit a fresh 52-week low after falling 1% yesterday. The company has struggled with supply chain issues this fall and winter which has limited the sale of new iPhones. Like you said, the company could see a rebound when supply issues clear as China reopens OR.......they could be further impacted if a severe recession lowers spending power for their core consumers. https://www.thestreet.com/markets/apple-stock-at-52-week-lows-heres-the-trade

Stocks To Watch: Apple (APPL)

• Apple has an 18.7% exposure to China. 
• The company has been significantly impacted by production issues, including its facility in China being forced to close for seven days following a COVID-19 breach. 
• The stock is down 19.4% so far this year.

Stocks To Watch: Apple (APPL)  • Apple has an 18.7% exposure to China.  • The company has been significantly impacted by production issues, including its facility in China being forced to close for seven days following a COVID-19 breach.  • The stock is down 19.4% so far this year.

Apple stock is making 52-week lows for a second session. Here are the levels to know right now.

Sam Mendoza

A group of likeminded people in The Most Important Thing are talking about this.