KGI released its 4Q global market outlook, suggesting that the previously proposed global strategy "GUIDE", namely gold, utilities, investment-grade bonds, defensive stocks, and the Easter region, can still be applied in 4Q.The broker listed six top Hong Kong stocks for 4Q, including HKEX (00388.HK) +17.000 (+5.667%) Short selling $211.77M; Ratio 4.132% , PING AN (02318.HK) +2.050 (+4.280%) Short selling $794.33M; Ratio 21.633% , CHINA STATE CON (03311.HK) +0.240 (+1.964%) Short selling $2.78M; Ratio 7.356% , TECHTRONIC IND (00669.HK) +4.900 (+4.391%) Short selling $66.48M; Ratio 17.308% , CHINA MOBILE (00941.HK) +0.750 (+1.027%) Short selling $119.02M; Ratio 8.986% , and BOC AVIATION (02588.HK) +1.700 (+2.746%) Short selling $1.48M; Ratio 4.164% .Related NewsHSBC Global Research Prefers BOC HONG KONG (02388.HK) Among HK Banks for Cheap ValuationAccording to market forecasts for the HSI constituents, their blended 12-month earnings are $2,200, corresponding to the HSI at 23,210. If the overall market investment sentiment does not weaken and the implementation of China's policies is stronger than expected, the HSI valuation is expected to reach 11.5 times the P/E ratio, which is 1SD above the past five years, corresponding to the HSI at 25,300.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-18 16:25.)