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<Outlook>UOB Kay Hian, KGI Asia’s Top Picks for H Shares
Recommend
25
Positive
45
Negative
21
UOB Kay Hian published a strategy report on Mainland China and Hong Kong markets in early June, giving a 68-point target to the MSCI China Index. It was bullish on structural growth in Mainland consumption, beneficiaries of policy support, new productivity and artificial intelligence. The broker recommended Overweight to consumer durables, IT and financials, and Underweight to industrials, raw materials and utilities sectors.

Shares
ASMPT (00522.HK)
CM BANK (03968.HK)
CHINA RES BEER (00291.HK)
CATL (300750.SZ)
COSCO SHIP PORT (01199.HK)
FOXCONN INDUSTRIAL INTERNET (601138.SH)
GEELY AUTO (00175.HK)
HAIDILAO (06862.HK)
HAIER SMARTHOME (06690.HK)
HKEX (00388.HK)
BEKE-W (02423.HK)
LENOVO GROUP (00992.HK)
INOVANCE TECH (300124.SZ)
SHENZHOU INTL (02313.HK)
TENCENT (00700.HK)
TRIP.COM-S (09961.HK)
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KGI Asia will hold a press conference later this month. It laid out its Focus List for 2H24:

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TENCENT (00700.HK)
HKEX (00388.HK)
PING AN (02318.HK)
HAIER SMARTHOME (06690.HK)
CHINA UNICOM (00762.HK)
CCB (00939.HK)
CHINA RES POWER (00836.HK)
DONGFANG ELEC (01072.HK)
ANTA SPORTS (02020.HK)
TRIP.COM-S (09961.HK)
POP MART (09992.HK)
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