CMBI Research China and Hong Kong Stock Recommendations (January-February 2024)
This is the year of the dragon. Written on MondayTraditionally, this has been a good year. Hang Seng Index Hong Kong stocks:
đź‡instagram Hoping for better luck, Hong Kong stocks enter the Year of the Dragon (Bamboo work)
that much Year of the Rabbit, Hang Seng Index plunges 28.6%China’s slow economic recovery and rising tensions with the United States have taken a toll. Investors will be hoping for a rebound under the auspicious sign of the Dragon.
Since its launch in 1969, Hang Seng has always been rising during the Yong Year, with an average rise of around 14%.
However, the rally could be hampered by uncertainty over the US presidential election and interest rate policy.
And here is the long term chart. shanghai complex:
Many investors and Western observers have been waiting for some kind of stimulus from Beijing. But as I noted on Monday, there are reasons not to get your hopes up for significant stimulus.
Last August, I covered some of the issues facing China that aren’t covered much in the mainstream Western business media.
Alternative media site Zero Hedge also recently made the following damning headline:
To support their claim that labor strikes and protests are on the rise, they cited Hong Kong-based data. china labor bulletin board (Although it is unclear who funds CLB and whether what they report is verified or reliable):
Nonetheless, there is still value in China and Hong Kong stocks. To find this, you need to dig deeper and manage your risk exposure.
CMB International Capital Corporation It is a wholly owned subsidiary of . China Merchants Bank (Hong Kong: 3968 /shaman: 600036 /OTCMKTS: chicky /OTCMKTS: CIHHF) – one of China’s largest banking groups and the largest privately owned bank. They consistently release free research pieces and post them on their website. china and Hong Kong Stock Recommendations (our first chapter To see the full list tag for us EM Stock Pick Tear Sheet)
Stocks covered this month february (Chinese New Year) This post includes:
iQIYI, JNBY Design, Baidu, Shengyi Tech, ZTE, BeiGene, Li Auto, Yancoal Australia, Trip.com, New Oriental Education, Amazon.com Inc, Microsoft, NIO Inc, Tongcheng Travel Holdings, XPeng, Xiaomi Corp, Guangzhou Automobile Group , Yum China, Alibaba, FIT Hon Teng, Q Technology (Group) Company, Jiumaojiu International Holdings, PICC Property and Casualty Co Ltd, China Yongda Automobile Services Holding & Unity Group Holdings International Ltd
Stocks covered this month january This post includes:
Stella International Holdings Ltd, Sunny Optical, China MeiDong Auto Holdings, BYD Electronic International Co Ltd, Zhongji Innolight, GigaCloud Technology, JD.com, Netflix, Sinotruk Hong Kong Ltd, Weichai Power, Tencent Music Entertainment Group, Tencent, Kuaishou Technology, Shanghai Henlius Biotech, Inner Mongolia Yili Industrial Group, Horizon Construction Development, WuXi Biologics, Geely Automobile Holdings, Prada SpA, Sirnaomics Ltd, FriendTimes Inc, Xtep, Kingdee International Software Group, ANTA Sports Products & Samsonite International
They also put out monthly lists (and post them on their website). 20+ High Conviction Stock Ideas – i.e. Chinese stock recommendations (our In May, June, July, August, September, October, November and december A post summarizing this) However, this list doesn’t change much from month to month. Stocks Covered by CMBI january Here’s the list (including additions and deletions) and what’s included in this post, along with updated stats and charts:
Li Auto, Geely Automobile, Weichai Power, Zhejiang Dingli, CR Power, CR Gas, JNBY, JS Global, Vesync, Kweichow Moutai, BeiGene, PICC P&C, Tencent, Pinduoduo, Alibaba, Netflix, Kuaishou, GigaCloud, CR Land, BYDE, Luxshare, Innolight, Kingdee
Stocks Covered by CMBI february List:
Li Auto, Geely Automobile, Weichai Power, Zhejiang Dingli, CR Power, CR Gas, JNBY, JS Global, Vesync, Kweichow Moutai, BeiGene, PICC P&C, Tencent, Alibaba, Pinduoduo, Amazon.com, Netflix, Kuaishou, GigaCloud, CR Rand, BYDE, Luxshare, Innolight & Kingdee
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A title containing the stock name.
IR page link and Yahoo! This is a brief explanation of stock prices. Jae Won.
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iQiyi (NASDAQ: IQ) A leading supplier. China’s online entertainment video service.
Their platform combines creative talent and technology to create an environment for continuous innovation and blockbuster content creation. They produce, aggregate and distribute a wide range of professionally produced content, as well as a wide range of other video content in a variety of formats. The company stands out in the online entertainment industry through its leading technology platform based on advanced AI, big data analytics, and other core proprietary technologies. Leading the production of original content through our own studio, we have acclaimed original drama series and variety show franchises, and have successfully serialized our original content into blockbuster sequels, accumulating and amplifying IP value. We have secured more than 100 million daily subscribers through carefully selected premium content, and have a variety of monetization models, including membership services, online advertising services, content distribution, online games, IP licensing, talent agencies, and online literature.
JNBY Design (Hong Kong: 3306) We design and sell fashion clothing, shoes, accessories and homewares. brand, JNBY (women’s clothing), CROQUIS (men’s clothing), jnby by JNBY (children’s clothing), LESS (women’s clothing), POMME DE TERRE (children’s clothing), JNBYHOME (lifestyle), A PERSONAL NOTE 73 (men’s clothing), etc.
As of June 30, 2022, the company had 1,956 stores worldwide, including 1,937 stores. China, Hong Kongand taiwan furthermore Japan, Russia, Australia.
Baidu (NASDAQ: start) is a professionally Chinese multinational technology company Internet-related services, products, artificial intelligence (AI). Baidu offers a variety of services, including a Chinese search engine as well as a mapping service called Baidu Maps.
Baidu consists of two parts: 1) Baidu Core, which accounted for more than 70% of sales over the past three years; 2) iQIYI accounts for the remaining sales. Baidu Core, powered by AI, mainly provides online marketing services and non-marketing value-added services, as well as products and services from new AI initiatives, which together support the three growth engines.
Mobile Ecosystem: Its portfolio of more than a dozen apps, including Baidu App, Haokan, and Baidu Post, provides an open platform that aggregates a wide range of third-party long-tail content and services through AI building blocks and helps communities connect and share. Knowledge and information.
AI Cloud: A full suite of cloud services and solutions that includes PaaS, SaaS, IaaS, and is uniquely differentiated by its AI solutions.
Intelligent Driving and Other Growth Initiatives (OGI): Their growth initiatives include intelligent driving (self-driving services including HD maps, automated valet and autonomous navigation pilots, intelligent electric vehicles and robotaxi vehicles) as well as Xiaodu smart devices powered by the DuerOS smart assistant and AI chip development .
