China & Hong Kong Stock Picks (November 2024)
Cafe De Coral, Chow Tai Fook Jewelry Group, PDD Holdings, Ke Holdings, Baidu, NIO Inc, Trip.com, Alibaba, Geely Automobile Holdings, JD.com, China Life Insurance, YUM China, Li Auto, Xiaomi, etc.
We haven’t gotten to our monthly China stock post for November yet with Chinese or Hong Kong stocks covered by a couple of equity research providers in this post:
[Note: On desktop browsers, an autogenerated table of contents will appear on the left side linked to each stock. I will add those links below after publishing/emailing this post…]
Cafe De Coral, Zhejiang Dingli, Aac Technologies Holdings, Sunny Optical, Chow Tai Fook Jewelry Group, BOE Varitronix, BYD Electronic International Co Ltd, Baozun, iQIYI, PDD Holdings, Ke Holdings, Baidu, NIO Inc, Kuaishou Technology, Atour Lifestyle Holdings, ZTO Express, Xpeng Inc, Tongcheng Travel Holdings, Trip.com, Weibo Corp, Xiaomi, Great Wall Motor, CSPC Pharmaceutical Group, Alibaba, Geely Automobile Holdings, JD.com, NetEase, Bilibili, BeiGene, FIT Hon Teng, Tencent, Tencent Music Entertainment Group, Zhejiang Leapmotor Technology, VSTECS Holdings Ltd, Carote Ltd, China Life Insurance, YUM China, Innovent Biologics, Maxscend Microelectronics, China Pacific Insurance (Group) Co, Shanghai United Imaging Healthcare & Li Auto
CMB International Capital Corporation, a wholly owned subsidiary of China Merchants Bank (SHA: 600036 / HKG: 3968 / OTCMKTS: CIHKY / OTCMKTS: CIHHF), has a monthly list of 20+ high conviction stock ideas - namely Chinese stock picks (see our May, June, July, August, September, October, November, December, January-February, March, April, May, June, July-August, September & October posts summarizing those) BUT these lists do not change too much from month to month. Stocks covered by the CMBI November list (including additions and deletions) and included in this post with updated stats and charts include:
Li Auto, Geely Automobile Holdings, China Hongqiao Group, Bosideng International Holdings, JNBY Design, YUM China, Xtep, Proya Cosmetics, BeiGene, Shanghai United Imaging Healthcare, China Pacific Insurance (Group) Co, PICC Property and Casualty Co Ltd, Tencent, NetEase, Alibaba, Greentown Service Group Co, FIT Hon Teng (Foxconn Interconnect Technology), Xiaomi, BYD Electronic International Co Ltd, Zhongji Innolight Co Ltd, NAURA Technology Group & Kingdee International Software
Short Idea: Sinotruk Hong Kong Ltd
And as always, this post is provided for informational purposes only (and to make your life easier…). It does not constitute investment advice and/or a recommendation…
🔬 Research analysis (including articles/blog posts from fund managers, etc.); 🎥 Video; 🎙️ Podcast; 🎬 Webinar; 📰 Newspaper/magazine article; 📯 Press release; 💻 Substack/blog/website article; ✅ Our own posts; 🗃️ Archived article; ⏰ Upcoming webinar or event; ⚠️ Disclosures or restricted access e.g. based on your location, investor status, etc.; 🇼 Wikipedia page; 🏷️ Tagged links to other posts about the stock.
Cafe De Coral
🔬 Cafe De Coral (341 HK) - Disappointing results salvaged by flat dividend (CMB International) 2024-11-29 ⚠️
🇭🇰 🇨🇳 Cafe De Coral (HKG: 0341 / OTCMKTS: CFCGF) 🇧🇲 - Asia’s largest publicly-listed restaurant & catering groups. Businesses include quick service restaurants, casual dining chains, institutional catering & food processing. 470+ dining outlets. 🇼 🏷️
Price/Book (Current): 1.60
Forward P/E: 13.16 / Forward Annual Dividend Yield: 7.35% (Yahoo! Finance)
Zhejiang Dingli
🔬 Zhejiang Dingli (603338 CH) - Competitive advantage in place with reduced AD duties in EU (CMB International) 11-29-2024 ⚠️
🌐 Zhejiang Dingli Machinery (SHA: 603338) - Aerial work platforms (telescopic & articulating booms, mobile scissor lifts & mast-climbing work platforms). 🏷️
Price/Book (Current): 3.27
Forward P/E: 13.26 / Forward Annual Dividend Yield: 1.62% (Yahoo! Finance)
Aac Technologies Holdings
🔬 AAC Tech (2018 HK) - Product upgrades and margin expansion to continue; Reiterate BUY (CMB International) 11-29-2024 ⚠️
🌐 Aac Technologies Holdings (HKG: 2018 / FRA: A2X / OTCMKTS: AACAY / AACAF) 🇰🇾 - Sensory experience solutions (Acoustics, Optics, Haptics, Sensor & Semiconductor + Precision Manufacturing). 🏷️
Price/Book (Current): 1.88
Forward P/E: 17.12 / Forward Annual Dividend Yield: 0.27% (Yahoo! Finance)
