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Daiwa Urges Shift to Undervalued Stocks amid Mkt Swings, Recommends BYD/ WEICHAI
2026-03-13 12:09:48
The overall market has experienced sharp swings recently, owing to the Mideast war and frequent policy direction changes by related leaders, Daiwa said in a research report.

Therefore, the broker advised investors to avoid trading stocks affected by the Mideast tensions, such as shippers and airlines, and instead take this opportunity to buy undervalued stocks.

It recommended BYD COMPANY (01211.HK), WEICHAI POWER (02338.HK), MINTH GROUP-100 (00425.HK), JD LOGISTICS (02618.HK), and ZOOMLION (01157.HK).
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