Shall we buy HK stocks now? Institutional investors are optimistic
The Hong Kong stock market has pulled back obviously in 2021, with the HSI currently down over 14% cumulatively, underperforming major global stock indices, so should investors be optimistic next year?
With many institutions releasing their 2022 outlooks, the voices favouring the performance of Chinese assets are getting stronger, including bullish views on Hong Kong stocks, and a number of institutions give optimistic forecasts for the HSI's point next year.
Overall, these institutional investors generally believe that the Hong Kong stock market has been digested most risk after continued adjustments and that the current valuation is reasonable as well as attractive.
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $HKEX (00388.HK)$ $BYD COMPANY (01211.HK)$
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $HKEX (00388.HK)$ $BYD COMPANY (01211.HK)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Molly wealth talk OP : Guys, what do you think of HK stock market? I feel a little confused and suspicious now
TrinityM Molly wealth talk OP : investors from the world left HK, while Chinese invest via Shanghai and now Beijing exchange. bad idea to invest I think
eitokun : I heard from Homily Chart teacher there could be chance Hang Seng Index could stop its loss around CNY 2022. Although it is not 100%, you can look out for this period. If HSI turn around, could help index constituent like Meituan.
Norms_ : Good
Mike-102264278 : buy buy
大牛比较懒 : Buy
Molly wealth talk OP eitokun : Thank you for sharing
Molly wealth talk OP TrinityM : you have a point too. What do you think of that China concept stocks back to HK? And the valuation of HK stocks may be attractive?
Molly wealth talk OP Norms_ :
momo angel : institutions are getting out of their HK investments due to constant and unforeseen regulations by the authorities. now setting baits for investors....
View more comments...