'There's lots to buy in China,' fund manager says and names these 2 EV stocks

The Shanghai Composite Index has fallen by 17% this year and is down around 10% over the past five years. Chinese companies CATL and Eve Energy will set up battery manufacturing plants in Europe. Shares for CATL, the world's largest EV battery maker, have fallen by 30% this year. Eve Energy has seen its share price decline by 25% thisyear but is up by 530%. "I seem to be a bit out of step with the rest of the market," a fund manager says. Eve Energy and CATL make up 5.65% of the KARS ETF, which is available to both U.S. and U.K. investors. Eve Energy is a publicly traded energy company based in New York City. CATL is a privately-held, publicly-traded energy company.