bullish
2024 High Conviction Idea: The Case for a Rotation Out of Japan into Hong Kong - Part 2
636 Views18 Dec 2023 09:47
Why an allocation to Hong Kong makes sense. Conditions are ripe for a rally given valuations, sentiment and positioning by global investors
Boomeranged on Sun, 5 May 2024 07:35
Since we published this piece, The HSI is up 12%, the HSCEI is up 16% and the HSCCI is up 17%. Since January's bottom, when we reiterated BUY, these markets are up 24%, 30% and 26% respectively. PARADOXICALLY, AFTER THE RISE IT IS LESS RISKY TO INVEST IN THESE MARKETS. Global and EM funds underweight China will return as sentiment follows price. Any dip is to be bought.
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Rikki Malik
Asia L/S Equity PM/Macro/Thematic Idea Generation
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