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[Brokerage Golden Stocks] Brokerages indicate that the upward trend of Hong Kong stocks remains strong and the list of golden stocks for February has been released (with list attached).
Jinwu Finance | Looking back at January, the Hong Kong stock market successfully outperformed the A-shares, with the Hang Seng Index rising 0.8% in January and the Hang Seng TECH Index rising 5.7%. In contrast, the SSE Composite Index fell 3% while the Chinext Price Index decreased by 3.6%. Moving to February, during the Spring Festival, Trump imposed a 25% tariff on Mexico and Canada and an additional 10% tariff on China, but then announced a one-month delay for the tariffs on Mexico on the evening of February 3. The unpredictability of the Trump administration's tariff policies has created uncertainty in the market. Since February, U.S. stocks have shown fluctuating performance, but the Hong Kong stocks have remained unaffected, with U.S. Treasury yields stabilizing and AI companies like DeepSeek emerging.
The Returns On Capital At China Resources Gas Group (HKG:1193) Don't Inspire Confidence
CHINA RES GAS (01193.HK) appoints Fang Xin as a non-executive Director.
Gelonghui, January 21 - CHINA RES GAS (01193.HK) announced that, starting January 21, 2025: (1) Liu Jian will resign as a non-executive Director and a member of the Audit and Risk Management Committee; and (2) Fang Xin will be appointed as a non-executive Director and a member of the Audit and Risk Management Committee.
Bank of America Securities: Last year, defensive yields such as thermal and hydroelectric power performed well in the sector, upgrading the rating of HUANENG POWER.
Bank of America Securities released a research report stating that the MSCI China Utilities Industry rose approximately 17% last year, in line with the overall market trend. Among them, defensive yields such as thermal and hydropower performed excellently within the Sector. It is recommended that investors choose defensive stocks this year and add to individual quality Beta stocks during price corrections. Bank of America's selection of defensive Utilities Industry stocks includes HUANENG POWER (00902), HUADIAN POWER (01071), China Yangtze Power (600900.SH), and BEIJING ENT (00392). Quality Beta stocks include CHINA RES GAS (01193) and Zhongtian Technology.
Bank of America Merrill Lynch: Last year, the defensive yields from thermal and hydro power performed exceptionally well in the Utility Sector, upgrading HUANENG POWER (00902) rating to "Buy."
The MSCI China Utilities Index rose about 17% last year, performing in line with the market. Among them, defensive yields like thermal and hydro power have performed exceptionally well within the Sector. It is recommended that investors choose defensive stocks this year and add to positions when individual quality Beta stocks experience price corrections.
Earnings Growth of 0.09% Over 5 Years Hasn't Been Enough to Translate Into Positive Returns for China Resources Gas Group (HKG:1193) Shareholders