TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 AMD
Advanced Micro Devices
-- 119.210 RGTI
Rigetti Computing
-- 9.3700 
BOCI Recommends Focus on Active Stocks for Southbound Trading
May saw a net inflow of RMB64.5 billion from southbound trading, lower than in March and April.
Southbound trading has been crucial in stabilizing Hong Kong’s stock market amid geopolitical risks.
BOCI expects strong demand from Mainland investors for Hong Kong stocks to continue due to attractive valuations and high dividend yields.
The volume of southbound trading is projected to grow from RMB289.4 billion in 2023 to RMB600 billion for the full year.
Key sectors to attract more attention include banking, telecom, internet, automobile manufacturing, materials, and energy.
BOCI’s recommended stocks rated Buy for southbound trading: $TENCENT (00700.HK)$ , $MEITUAN-W (03690.HK)$ , $KUAISHOU-W (01024.HK)$ , $CHINA MOBILE (00941.HK)$ , $CNOOC (00883.HK)$ , $CHINA SHENHUA (01088.HK)$ , $PETROCHINA (00857.HK)$ , $XIAOMI-W (01810.HK)$ , $CCB (00939.HK)$ , $ICBC (01398.HK)$ .
Southbound trading has been crucial in stabilizing Hong Kong’s stock market amid geopolitical risks.
BOCI expects strong demand from Mainland investors for Hong Kong stocks to continue due to attractive valuations and high dividend yields.
The volume of southbound trading is projected to grow from RMB289.4 billion in 2023 to RMB600 billion for the full year.
Key sectors to attract more attention include banking, telecom, internet, automobile manufacturing, materials, and energy.
BOCI’s recommended stocks rated Buy for southbound trading: $TENCENT (00700.HK)$ , $MEITUAN-W (03690.HK)$ , $KUAISHOU-W (01024.HK)$ , $CHINA MOBILE (00941.HK)$ , $CNOOC (00883.HK)$ , $CHINA SHENHUA (01088.HK)$ , $PETROCHINA (00857.HK)$ , $XIAOMI-W (01810.HK)$ , $CCB (00939.HK)$ , $ICBC (01398.HK)$ .
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