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Citi Adds ANTA SPORTS to H-shr Top Buys List as Domestic Demand Boost Returns to CN's Top Priority
2025-03-05 16:46:19
Li Qiang, Chinese Premier of the State Council, delivered the government work report today (5th), in which he put forward 10 key points.

In response, Citi released a report indicating their significant implications for the stock market: (1) expanding domestic demand has become China's top priority again, while it was only the third priority last year; and (2) technological development remains crucial, related to the second and third major tasks. Meanwhile, supply-side reform has also been added as the fourth major task to address overcapacity.

Seeing that domestic demand has become China's top concern, Citi added ANTA SPORTS (02020.HK) to its H-share Top Buys list, alongside TENCENT (00700.HK), ASMPT (00522.HK), TRIP.COM-S (09961.HK), BYD COMPANY (01211.HK), AIA (01299.HK), and HAIER SMARTHOME (06690.HK).
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