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| HSI1 | 24,040.34 | +68.05 | 98.10B |
| HSCEI1 | 8,051.67 | +21.13 | 24.86B |
| Back Zoom + Zoom - Block Traded | |
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2026-10-05 12:55:32 Chinese equities marked downswings in September, with the HSI and MSCI China Index falling 3.7% MoM and 4.7% MoM respectively, UOB Kay Hian said in a research report. In wake of rising US Treasury yields, elevated energy prices and unresolved conflicts in the Middle East, the market may remain rattled in October. Global investors may also turn more risk-averse ahead of the elections in Israel and the US. It remains unclear whether such conditions will lead to global capital flowing back to Hong Kong. The broker kept tabs on stocks with near-term catalysts, adding DiDi Global Inc. (DIDIY.US), SINO LAND (00083.HK) and TRIP.COM-S (09961.HK) to its Buy list, while recommending investors stop-loss and exit COWELL (01415.HK), HAN'S LASER (002008.SZ) and SHUANGHUAN DRIVELINE (002472.SZ). UOB Kay Hian's current recommended stock list includes BABA-W (09988.HK), ASMPT (00522.HK), BYD COMPANY (01211.HK), DiDi Global Inc., FOXCONN INDUSTRIAL INTERNET (601138.SH), INNOVENT BIO (01801.HK), NAURA (002371.SZ), NTES (09999.HK), SINO LAND, TENCENT (00700.HK) and TRIP.COM-S, all rated Buy, with target prices of HKD188, HKD211, HKD150, USD6.4, RMB89.5, HKD132, RMB930, HKD252, HKD14, HKD608 and HKD508 respectively. UOB Kay Hian was upbeat on BABA-W benefiting from accelerated AI monetization, self-developed chips and cloud infrastructure, while the unit economics of Quick Commerce continue to improve. It expected ASMPT's advanced packaging tools to benefit from strong demand for TCB and photonics. The broker forecast BYD COMPANY's 3Q sales volume and adjusted earnings to record notable YoY growth. TENCENT continues to be supported by its resilient gaming business and expansion of its AI ecosystem. ~ AASTOCKS Financial News Website: www.aastocks.com | |