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BNP Paribas: Positive View Held on HK & CN Stocks w/ HSI Target at 28,500
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Grace Tam, Chief Investment Advisor at BNP Paribas Wealth Management, expressed a very positive view on Hong Kong and Chinese stocks. She believed that the influence of southbound funds will remain very strong, providing robust support for the equity market. Among H- and A-shares, BNP Paribas is optimistic about AI techs, and is also interested in more related companies and robot component companies listing in Hong Kong. It also favors high-dividend stocks in industries such as bank and telecom, as the stock market is expected to remain volatile, making high-dividend stocks defensive. Regarding the HSI, Tam added that BNP Paribas' next target is 28,500. AASTOCKS Financial News Website: www.aastocks.com |
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