🌟🌟🌟The Hong Kong Stock market is currently experiencing a Bull run with the Hang Seng China Enterprises Index (HSCEI) up more than 20% since April.
I believe that there is keen interest in technology, e-Commerce and AI related stocks as well as new consumption stocks.
The stocks that I like are Tencent $TENCENT(00700)$ and Alibaba $BABA-W(09988)$
Tencent has a strong AI strategy and resilient gaming business.
Alibaba is the largest cloud hyperscaler in China, benefiting from AI infrastructure growth. This is in addition to its dominant market position in ECommerce.
I also like $XIAOMI-W(01810)$ as it is expanding into Electric Vehicles in addition to its mobile phones and smart home ecosystems.
The Bull Market is driven by the US China Trade Talks, easing geopolitical tensions and policy stimulus.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger
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