CR HOLDINGS: Hong Kong stocks may rise moderately in December as the overall policy environment has begun to improve
Chen Yalei, Managing Director of the Hong Kong and U.S. stock team at CR HOLDINGS and Head of Asian Research, expects that the Hong Kong stock market will continue to rise moderately in December. However, this upward trend is not solely due to window dressing effects, but rather stems from a gradual recovery of investor confidence in the Chinese stock market. The overall policy environment has begun to improve, and it is only a matter of time. Therefore, he believes that most investors still have certain expectations for next year's stock market and may start to position themselves early. In addition, he pointed out that companies related to domestic demand need not worry too much and suggested focusing on the home appliance sector, as subsidies for home appliances have a significant impact on the industry, and relevant policies are expected to continue next year, along with the gradual recovery of China's real estate market. Furthermore, he indicated that it would be better to wait until next year's policy direction becomes clearer before considering growth stocks more actively
According to the Zhitong Finance APP, Chen Yalei, Managing Director of the Hong Kong and US stock team at CR HOLDINGS and Head of Asian Research, expects that the Hong Kong stock market will continue to rise moderately in December. However, this upward trend is not solely due to window dressing effects but rather stems from the gradual recovery of investor confidence in the Chinese stock market. The overall policy environment has begun to improve, and it is only a matter of time. Therefore, he believes that most investors still have certain expectations for next year's stock market and may start to position themselves early.
In addition, he pointed out that companies related to domestic demand do not need to worry too much and suggested paying attention to the home appliance sector, as home appliance subsidies have a significant impact on the industry, and related policies are expected to continue next year, along with the gradual recovery of China's real estate market. Furthermore, he indicated that it would be better to wait until next year's policy direction becomes clearer before considering growth stocks more actively