This new stock is a 'hidden gem' with major growth potential in China, Wells Fargo says

Online fashion house Farfetch's CEO Jose Neves and members of the company's leadership team ring the opening bell to celebrate their IPO at the New York Stock Exchange in New York, September 21, 2018.
Brendan McDermid | Reuters

London-based luxury online marketplace Farfetch is Wells Fargo's "hidden gem" with major growth potential in China despite heightened trade tensions, the bank said in a note on Tuesday.