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<Research>BOCOMI Believes HK Stock Rebound Will Continue

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2024-05-09 09:38

Hong Kong stocks have entered a technical bull market with the recent encouraging uptrend, echoing BOCOMI's judgment made in March that the reboun...

  Hong Kong stocks have entered a technical bull market with the recent encouraging uptrend, echoing BOCOMI's judgment made in March that the rebound will continue for at least the next few months, BOCOMI released a research report saying.

  The direction of this round of rebound basically confirmed the previous report's assumption of “the rebound will be mainly recorded in the HSTECH + AI industrial chain + commodities in the structural perspective, and in the real estate industrial chain + mid-cap stocks for the rebound perspective”.

  Related NewsM Stanley Adds HKEX (00388.HK) TP to $223, Rating Underweight

  BOCOMI believed that the rebound of Hong Kong stocks will continue, but investors need to pay attention to the non-fundamental factors that may cause disturbances to the market.

  AAStocks Financial News

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