Despite the bearish sentiment on Chinese consumer stocks, some investors believe that Alibaba Group Holding Limited (BABA), Tencent Holdings Limited (TCEHY, TCTZF), and JD.com (JD) might be oversold. This comes after new data shows that the Chinese economy is rebounding better than expected. Major banks have revised down price targets for these companies, but recent data shows growth in the Chinese economy and retail sales rebounding more than expected. Some analysts believe that the Chinese economy could bounce back significantly higher by the end of the year due to increased government stimulus efforts.