Goldman Sachs' report suggested that the investment value of Chinese private-owned enterprise (POEs) is recovering. It listed "Chinese Prominent 10", being top 10 POE behemoths, all rated as Buy, including TENCENT (00700.HK)  -9.500 (-1.850%)    Short selling $423.70M; Ratio 10.241%   , BABA-W (09988.HK)  -2.900 (-2.526%)    Short selling $642.59M; Ratio 16.886%   , XIAOMI-W (01810.HK)  -0.500 (-0.926%)    Short selling $235.71M; Ratio 13.561%   , BYD COMPANY (01211.HK)  0.000 (0.000%)    Short selling $256.95M; Ratio 31.401%   , MEITUAN-W (03690.HK)  -5.100 (-3.693%)    Short selling $504.54M; Ratio 13.906%   , NTES-S (09999.HK)  -1.200 (-0.587%)    Short selling $43.68M; Ratio 12.845%   , MIDEA GROUP (00300.HK)  -0.750 (-0.987%)    Short selling $14.26M; Ratio 21.440%   , HENGRUI PHARMA (01276.HK)  +0.200 (+0.352%)   , TRIP.COM-S (09961.HK)  -5.800 (-1.208%)    Short selling $106.43M; Ratio 19.938%   , and ANTA SPORTS (02020.HK)  -0.650 (-0.687%)    Short selling $29.94M; Ratio 17.717%   .

Such stocks collectively reflect themes such as AI/ technology development, self-sufficiency, "going global", services, new forms of consumption, and China’s improving shareholder returns. These companies have a total market cap of USD1.6 trillion, occupying 42% of the MSCI China Index weighting, with an expected CAGR of earnings of 13% over the next two years.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-18 12:25.)

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