🚀 HSI Breakout: Bullish, But Selective
Things have been exciting with the recent HSI breakout. A few questions I want to talk about:
1. Am I bullish on China stocks breaking new highs?
Yes, selectively. The Hang Seng Index crossing 26,000 is not just a technical breakout—it signals a shift in global capital flow back into Asia amid Fed uncertainty. But the rally is not broad-based. It's driven by policy-favored sectors: AI, consumer recovery, and insurance.
2. Other than BABA & Tencent, what would I look at?
🔍 Absolutely watching:
Xiaomi (1810.HK) – Hardware tailwinds + AI integration
Sino Biopharm (1177.HK) – Deep value + policy support
Chow Tai Fook (1929.HK) – Jewelry plays rising with consumer confidence
China Life (2628.HK) – Insurance sector benefits from easing + demographic reset
Pop Mart (9992.HK) – Niche retail with cult following, up 222% YTD!
📊 My filter now? Look for: ✅ Post-breakout consolidation
✅ Strong fundamentals
✅ Alignment with Beijing's 5-year plan (tech self-sufficiency, domestic demand)
⚠️ Caution: I'm avoiding overhyped EV names and zombie SOEs. Momentum alone ≠ conviction.
Long story short: HSI has legs, but this is a stock picker's market now.
I'm not a financial advisor. Trade wisely, Comrades!
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