A wave of unrest in China might spell bother for traders holding shares with sizeable chunks of income uncovered to the nation. Protests erupted throughout China over the weekend as residents pushed again in opposition to the nation’s strict and extended zero-Covid protocols . Whereas the shockwaves are simply starting to ripple, a report from Bloomberg mentioned Apple might endure a shortfall of 6 million iPhone Professional items as a consequence of unrest at a Foxconn manufacturing unit in China. Towards this unsure backdrop, CNBC Professional used FactSet information to display for shares within the S & P 500 which have greater than 20% income publicity to China and will doubtlessly endure from the turmoil gripping the nation. Listed below are a few of the shares we discovered: Tesla is the most important firm on the record by market capitalization, with greater than 1 / 4 of its revenues uncovered to China. Covid-19 lockdowns and restrictions in China have briefly halted or restricted manufacturing on the firm’s Shanghai manufacturing unit this yr. Regardless of tumbling about 48% in 2022 amid the market’s tech sell-off, shares might rally practically 59% from Friday’s shut based mostly on the consensus value goal. Chemical substances firm DuPont de Nemours can be on the record. About 23.5% of the corporate’s revenues are uncovered to China. The shares have toppled about 12% because the begin of the yr as of Friday’s shut, however are as a consequence of rally practically 11%, in accordance with consensus estimates through FactSet. One other inventory in our display is elevator producer Otis Worldwide , with just a little over 20% of revenues uncovered to the nation. About 36% of analysts say the inventory is a purchase, with the consensus value goal suggesting one other 1.3% fall from Friday’s closing value after it slumped practically 10% this yr. Many semiconductor shares equivalent to Intel , Nvidia and Superior Micro Gadgets additionally made the record — together with Qualcomm , with the best income publicity to China on the record. Whereas many of those firms promote chips to producers to make use of in merchandise equivalent to telephones created in China, these merchandise finally find yourself being offered again in america, blurring the road on what their finish markets are. Estee Lauder , Cboe International Markets , auto suppliers Aptiv and BorgWarner , and Corning , which is extensively identified for offering common glass utilized in smartphones and tablets, have been additionally included within the display.