GO
| HSI1 | 17,941.78 | -170.85 | 116.22B |
| HSCEI1 | 6,374.66 | -47.15 | 48.01B |
| Back Zoom + Zoom - Block Traded | |
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2024-05-21 10:43:16 Chinese equities' sentiment remains positive, HSBC Global Research issued a research report saying. Policy support, falling interest rates and net buybacks provide further support. The HSCEI has risen 38% from its January low, and historical data suggests that the rebound could last up to 9 months, with possible gains of up to 60%. It is still too early to leave the party, although still lower profitability may limit the eventual upside. In China's stock market, buybacks are usually undertaken by companies with a higher ROIC, according to HSBC Global Research. Even firms that do buybacks, many of them also issued new shares. As a result, net buybacks have been negative in the past and only slightly positive last year. In short, there is still a lot of room for improvement in net returns to shareholders. ~ AAStocks Financial News Web Site: www.aastocks.com | |