Copper Supported by Fed Rate-Cut Bets, U.S.-China Trade Truce -- Market Talk

WSJNov 10 18:23

CICC Releases List of Top Picks for Hong Kong Stocks in Next Year's Portfolio (Table)

CICC published a report on the outlook for Hong Kong stocks next year, listing its top picks: Tencent (00700.HK), Alibaba-W (09988.HK), China Mobile (00941.HK), CNOOC (00883.HK), NetEase-S (09999.HK), SMIC (00981.HK), Zijin Gold International (02259.HK), BYD (01211.HK), Akeso Biopharma (09926.HK), CATL (03750.HK), Haier Smart Home (06690.HK), Kelun-Biotech-B (06990.HK), and Jiangxi Copper (00358.HK).

AASTOCKSNov 10 11:34

CICC: The benchmark target for the Hang Seng Index next year is 28,000 to 29,000 points.

CICC published its outlook report for Hong Kong stocks for next year. After a year of gains, Hong Kong stocks are now in a position markedly different from a year ago. The Hang Seng Index’s forward price-to-earnings ratio stands at 11.4 times, close to one standard deviation above the average since 2015. The risk premium has even fallen below the low point during the "shantytown redevelopment" cycle in early 2018, making it difficult to argue that valuations remain "cheap."

AASTOCKSNov 10 11:32

Just three months after being hit by Trump's copper tariffs, is the "most profitable" arbitrage trade making a comeback?

Media reports indicate that in order to secure agreements for copper supplies to the U.S. next year, trading giants such as Vitol and Trafigura have recently approached Chilean producers. Some traders are offering prices over 500 dollars per ton above the LME copper benchmark, approximately ten times the spot procurement price paid by Chinese manufacturers. This reflects investor expectations that the Trump administration may restart the commodity-grade copper tariff plan next year.

wallstreetcnNov 8 09:46

Targeting Technology + Materials + Insurance! Goldman Sachs Highlights These Hong Kong Stock Picks for November.

Today, Goldman Sachs published its November strategy report for the Asia-Pacific region, highlighting that GDP growth forecasts for China and India have been raised due to the boost in manufacturing and export growth. For this month, the sectors most favored are technology, materials, insurance, and industrials. In contrast, ratings for real estate and energy sectors have been downgraded. Goldman Sachs has provided its latest list of recommended stocks to buy (referring only to Hong Kong-listed shares): AIA Group (01299.HK), Xiaomi-W (01810.HK), Hong Kong Exchanges and Clearing (00388.HK), Ping An (02318.HK), Zijin Mining (02899.HK), Techtronic Industries (00669.HK).

Gelonghui FinanceNov 6 15:45

Goldman Sachs has released a buy list for Hong Kong stocks based on its leading indicator for profit reassessment, the Earnings Reassessment Leading Indicator (ERLI).

Goldman Sachs released its November Asia-Pacific strategy report, listing the latest recommended buy stocks for Hong Kong-listed shares based on the "Earnings Revision Leading Indicator (ERLI)" criteria: AIA Group (01299.HK), Xiaomi-W (01810.HK), Hong Kong Exchanges and Clearing Limited (00388.HK), Ping An (02318.HK), Zijin Mining (02899.HK), Techtronic Industries (00669.HK), PICC Property (02328.HK), and China Pacific Insurance (02601.HK).

AASTOCKSNov 6 12:51