Top Chinese stocks to watch in 2025
Discover the key Chinese stocks set to make an impact in 2025. This guide covers market trends, risks, and how to trade these stocks confidently with IG Singapore - plus regularly updated stock picks to help you stay ahead.
Important to know
This article is for informational purposes only and does not constitute investment or trading advice. Please ensure you understand the risks and consider your individual circumstances before trading.
Key takeaways
China’s evolving economy and policy shifts create unique opportunities and risks for stock traders in 2025.
Understanding market drivers, sector trends, and regulatory factors is essential for successful Chinese stock trading.
IG Singapore offers easy access to major Chinese stock markets with tools to help manage risk and execute trades confidently.
Why trade and invest in Chinese stocks in 2025?
China remains a vital player in the global economy, with its vast market and ongoing structural reforms shaping opportunities for investors and traders alike. In 2025, China’s focus on technological innovation, renewable energy, and expanding consumer markets creates several potential growth areas worth exploring.
Additionally, Chinese companies play critical roles in global supply chains, making their stocks important for a diversified trading portfolio.
Through IG Singapore, traders can access various Chinese stock markets, including mainland A-shares, Hong Kong H-shares, and US-listed Chinese ADRs, via CFD trading or investing on the new IG Markets Singapore app. Each asset and instrument comes with its own unique opportunities and risks.
Key factors influencing Chinese stock performance
Several key elements impact the performance of Chinese stocks:
- Government policy: The Chinese government’s economic plans and regulations can significantly sway stock prices, especially in sectors like technology, finance, and green energy.
- Currency fluctuations: Movements in the Chinese yuan (CNY) against major currencies affect the returns for international traders.
- Sector trends: Emerging sectors such as electric vehicles, cloud computing, and healthcare are poised for growth.
- Geopolitical dynamics: Trade relations and diplomatic developments, particularly between China and the US, can introduce volatility.
Understanding these factors helps traders better anticipate market movements and manage risk.
Quick fact
During the first eight months of 2025, the Shanghai Stock Exchange saw 17.21 million new A-share accounts opened, marking a 48% increase over the same period in 2024.
Risks of trading and investing in Chinese stocks
Trading Chinese stocks carries specific risks:
- Regulatory unpredictability: Sudden government interventions or policy changes can cause sharp price swings or restrictions.
- Delisting risks: Some US-listed Chinese companies face delisting threats, impacting liquidity and valuation.
- Market volatility: Chinese stock markets can experience rapid price changes, driven by local sentiment and macroeconomic news.
- Currency risk: Exchange rate movements may affect profits or losses for traders outside China.
Being aware of these risks is essential for effective trading strategies.
Top 5 Chinese stocks to watch
Company name
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Market capitalisation*
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Market cap change in 2025*
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Available for CFD trading with IG Singapore?
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Available for investing with IG Markets Singapore app?
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S$364.59 billion
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+42.43%
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✔
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✔
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S$864.12 billion
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+42.23%
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✔
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✔
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S$15.08 billion
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+2.44%
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✔
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✔
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S$225.99 billion
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+54.56%
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✔
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✔
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S$38.50 million
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+6.00%
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✔
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✔
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*Accurate as of August 2025
1. Alibaba Group Holding Limited (9988 HK; BABA US)
Industry: Internet retail
Market cap: HK$2.21 trillion (S$364.59 billion)
Latest earnings: Alibaba Group saw adjusted net income grow by 22% YoY to 29.85 billion yuan (S$5.67 billion) in the March FY2025 quarter. Cloud Intelligence Group revenue grew 18% YoY, with AI-related products achieving triple-digit growth for the seventh consecutive quarter. Unadjusted diluted earnings per American Depositary Share (ADS) for the full financial year rose by 71.5% YoY to 53.59 yuan (S$9.63) and diluted earnings per share (EPS) rose by 71.35% YoY to 6.70 yuan (S$1.20).
Financial position: Free cash flow (a non-GAAP measure of financial liquidity) ended FY2025 at 73.87 billion yuan (S$13.69 billion), a decrease of 53% from 156.21 billion yuan (S$28.01 billion) in FY2024. This was largely due to increased spending on cloud infrastructure.
Business and stock outlook: Alibaba’s core merchant revenue is expected to grow 8% YoY to 247 billion yuan (S$44.35 billion) for the whole of FY26, according to UOB analysts. They rated Alibaba’s Hong Kong shares a ‘buy’ alongside a 12-month price target of HK$165 (S$27.22). This equates to a 42% upside from its latest share price in August 2025.
2. Tencent Holdings Limited (0700 HK; TCEHY US)
Industry: Internet services and gaming
Market cap: HK$5.24 trillion (S$864.12 billion)
Latest earnings: Tencent saw Q2 2025 revenue increase by 15% YoY to 184.5 billion yuan (S$33.09 billion) and gross profit rising 22% to RMB 105 billion (S$18.83 billion). Unadjusted net profit grew 16% YoY to 56 billion yuan (S$10.04 billion), while basic and diluted EPS both increased 20% YoY. Gaming and marketing services drove much of the growth, with marketing services revenue surging 20%, fueled by AI-driven advertising.
Financial position: Total cash was 468.4 billion yuan (S$83.98 billion) and free cash flow was 43.0 billion yuan (S$7.71 billion), up 7% YoY. Net cash position totalled 74.6 billion yuan (S$13.38 billion), an increase of 4% from the previous year.
Business and stock outlook: CEO Ma Huateng emphasised the company's ongoing focus on investing in and benefiting from AI utilisation across its offerings. UOB analysts maintained a 'buy' rating with a 12-month target price of HK$650 (S$107.25), representing an 18.2% upside potential. Despite 42% year-to-date (YTD) gains, shares trade at an 18% discount to all-time highs (August 2025).
3. JD Logistics, Inc. (2618 HK)
Industry: Supply chain and logistics services
Market cap: HK$91.4 billion (S$15.08 billion)
Latest earnings: JD Logistics Q2 2025 revenue rose 16.6% YoY to 51.56 billion yuan (S$9.25 billion). Net profit fell by 50.65% YoY for the quarter. This drop was largely due to an increase in marketing expenses by some 128%. Operating margin was 3.8% in Q2 2025 compared to 4.9% in Q2 2024. As a result, both basic and diluted EPS both fell by nearly 50% each.
Financial position: Free cash flow for Q2 2025 ended at 22.02 billion yuan (S$3.95 billion), down from 49.56 billion yuan (S$8.89 billion) a year before. As of 30 June 2025, the company’s cash and cash equivalents, restricted cash and short-term investments totalled 223.4 billion yuan (S$40.06 billion), compared to 241.4 billion yuan (S$43.29 billion) as of 31 December 2024.
Business and stock outlook: JD Logistics opened new overseas warehouses in multiple countries in the first half of 2025, including the US, UK, France, Poland, South Korea, Vietnam, and Saudi Arabia. UOB analysts rated the stock a 'buy' with a 12-month target price of HK$22.00 (S$3.63), representing 59.1% upside potential from current levels. They projected for JD Logistics to post core earnings growth rates of 7.8% per annum from 2025 to 2027.
4. Xiaomi Corporation (1810 HK; XIACF US)
Industry: Consumer electronics and smart devices
Market cap: HK$1.37 trillion (S$225.99 billion)
Latest earnings: Xiaomi delivered ‘record-high’ Q2 2025 financial results with adjusted net profit surging 75.4% YoY to 10.83 billion yuan (S$1.95 billion). This growth was led by Xiaomi’s smart EV segment, which recorded 20.6 billion yuan (S$3.69 billion) for the period. Meanwhile, global smartphone shipments grew for the eighth consecutive quarter to a global market share of 14.7%.
Financial position: Cash and cash equivalents ended Q2 at 36.01 billion yuan (S$6.47 billion), down by 58.2% from the previous quarter. Capital expenditures correspondingly rose by 78.4% from Q1, with the Smart EV and AI segment accounting for the lion’s share.
Business and stock outlook: Xiaomi CEO Lei Jun said the EV business is on track to breaking even by the second half of 2025. The company is also planning to enter the European EV market by 2027. UOB analysts rated the Xiaomi stock a 'buy' alongside a 12-month target price of HK$69.90 (S$11.54), stating that it benefits from ecosystem synergies across smartphones, IoT devices, and electric vehicles.
5. Baidu, Inc. (9888 HK; BIDU US)
Industry: Internet search and AI
Market cap: HK$234.79 billion (S$38.50 billion)
Latest earnings: Baidu saw unadjusted net profit increased by 30% YoY to 7.26 billion yuan (S$1.30 billion) in Q2 2025. This was despite a 12% YoY increase in cost of revenues. By segment, the AI Cloud business performed the strongest with revenue growth of 34% YoY. Unadjusted diluted earnings per ADS rose by 36% YoY to 20.35 yuan (S$3.65).
Financial position: Cash and cash equivalents ended at 29.94 billion yuan (S$5.38 billion) on 30 June 2025, 20.6% higher than the previous six months. Free cash flow was negative 4.7 billion yuan (negative S$840 million) for 1H 2025, primarily due to an increase of investment in AI business.
Business and stock outlook: Baidu has a ‘wide economic moat’ (durable and powerful competitive advantage), according to Morningstar’s equity researchers. Baidu’s ‘large database of user behavior data in China’ that it has cultivated over the last two decades, is ‘difficult’ for competitors to replicate, they added.
How to trade and invest in Chinese stocks with IG Singapore
CFD share trading
- Create a live or demo account
- Find an opportunity among one of our 10,000+ stocks with our stock screener
- Click ‘buy’ to go long or ‘sell’ to short
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
Investing
- Open an account via IG Markets Singapore app
- Search for Chinese stocks on the app
- Choose the shares you want to buy
- Determine how many shares you want to purchase
- Place your order
- Monitor your investment and collect any dividends
FAQs about Chinese stocks
What are Chinese A-shares, B-shares, and H-shares?
- A-shares: Stocks listed on mainland China exchanges, traded in RMB, mainly for domestic investors and select foreign investors.
- B-shares: Mainland-listed stocks traded in foreign currencies like USD or HKD, less liquid than A-shares.
- H-shares: Shares of mainland companies listed on the Hong Kong Stock Exchange, accessible to international investors.
Can I trade Chinese stocks from Singapore?
Yes. Through IG Singapore, you can trade:
- Hong Kong-listed Chinese stocks (H-shares)
- US-listed Chinese ADRs
- China A-shares via ETFs available on the platform
How do government policies affect Chinese stocks?
Chinese government actions can cause rapid changes in stock prices by:
- Introducing new regulations or restrictions
- Offering sector-specific support or incentives
- Influencing market confidence and investment flows
Which sectors in China are expected to grow in 2025?
Promising sectors include:
- Technology and cloud computing
- Electric vehicles and renewable energy
- Healthcare and biotech
- Consumer goods and services
Are US-listed Chinese ADRs safe to trade?
While liquid and widely accessible, ADRs carry risks like:
- Possible delisting due to regulatory disagreements between US and China
- Increased scrutiny from regulators
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