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3 Asian Blue-Chip Stocks to Buy

From China to South Korea to Taiwan, these stocks are soaring.

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U.S. stocks managed to fight their way back from a down January to finish the first quarter in positive territory. When final Q1 numbers were tallied, the S&P 500 Index put in a 1.7% total return. That’s not bad — and it’s great when you compare it to the total Q1 return for Chinese blue-chip stocks and other large-caps in emerging markets.

Source: Wikipedia

In fact, stocks in the blue-chip benchmark index ETF, the iShares China Large-Cap (FXI), sank in Q1, logging a total return of -6.8% through the first three months of the year. The decline in the wider emerging-market blue-chip stock index, the iShares MSCI Emerging Markets ETF (EEM), wasn’t as a bad as China, but the sector still declined 1.9% in Q1.

But those numbers don’t tell the whole story here.

Over the past several weeks, Chinese blue-chip stocks have soared, with FXI vaulting 8.4% since March 13. Blue-chip stocks also have spiked in emerging markets, with EEM also surging about 8.4% since March 13.

The rebound in many of the biggest Asian blue-chip stocks means investors have a chance to get in on the uptrend in some of the best companies based in the region. From China to South Korea to Taiwan, here are three Asian blue-chip stocks to buy now:

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Article printed from InvestorPlace Media,

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