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China & HK Strategy: Time for The "Dogs" To Revenge?
715 Views25 Sep 2024 07:30
The stocks that performed poorly in 2023, like Li Ning, Meituan, Wuxi Biologics, and Zhongsheng, are showing a sharp rebound in the last month, with further potential gains from improving sentiment.
What is covered in the Full Insight:
- Introduction
- Overview of 2023 Performance
- Detailed Analysis of Key Stocks
- Future Prospects
- Conclusion
Boomeranged on Fri, 27 Sep 2024 09:17
The "Dogs" surged more significantly than the HSI in the last two days. On average, their share price rose by 10.6%, outperforming the Index by 5.7pp. Instead, the widely overweighted names like China Unicom, CNOOC, and CLP Holdings have come down by an average of 4%. We believe the catch-up of the four names in this Insight will continue as interest reverts to those underperforming this year.
SUMMARY
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