Macquarie's Near-term 'Conviction Portfolio' of Chinese Stocks (Table) |
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Macquarie commented in a report that it identified supportive valuations in China's capital markets in light of the recent uptick in technical investment sentiment. The broker listed its near-term recommendations for a "conviction portfolio" of Chinese stocks:
Stock│Target Price SUNGROW POWER (300274.SZ)│RMB200 XIAOMI-W (01810.HK)│HK$31.2 CHINA OILFIELD (02883.HK)│HK$16.6 NTES-S (09999.HK)│HK$249 ANTA SPORTS (02020.HK)│HK$143 MIDEA GP (000333.SZ)│RMB103 INOVANCE TECH (300124.SZ)│RMB86.1 WEICHAI POWER (02338.HK)│HK$22.2 Trip.com Group (TCOM.US)│US$63 KANZHUN LIMITED (BZ.US)│US$23
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