＜Research＞Citi Lists CN Stock Themes Potentially Benefitting From Policies at 3rd Plenum (Table)

　　Citi released a report, listing Chinese stocks that can potentially benefit from policies decided at the Third Plenum of the CCP Central Committee. Only Hong Kong-listed stocks are listed below.

　　Themes:

　　(1) Structural Reforms

　　Chance: 3 Stars

　　Related sectors: Utilities and power grid equipment, Domestic real estate, Insurance

　　Shares:

　　CGN POWER (01816.HK) 0.000 (0.000%) Short selling $24.55M; Ratio 14.781%

　　CHINA LONGYUAN (00916.HK) -0.050 (-0.675%) Short selling $27.31M; Ratio 23.440%

　　CHINA RES LAND (01109.HK) -1.500 (-5.576%) Short selling $70.54M; Ratio 31.545%

　　GREENTOWN MGMT (09979.HK) -0.150 (-3.212%) Short selling $73.54K; Ratio 0.597%

　　CHINA OVERSEAS (00688.HK) -0.580 (-4.265%) Short selling $53.56M; Ratio 38.896%

　　CHINA LIFE (02628.HK) -0.300 (-2.679%) Short selling $61.85M; Ratio 35.463%

　　PICC P&C (02328.HK) -0.030 (-0.314%) Short selling $4.02M; Ratio 2.197%

　　Related NewsFirst Shanghai: HSI May Rise to 21,000 in 2H, Eyes High Div. Yielders, Techs, High-end Manufacturers

　　(2) Cross-border Trade Barriers

　　Chance: 3 Stars

　　Related Sectors: Automotive, Consumer, Semiconductor, Hardware, Communications infrastructure, Internet, Utilities and power grid equipment

　　Shares:

　　BYD COMPANY (01211.HK) -0.600 (-0.248%) Short selling $288.01M; Ratio 48.811%

　　HAIER SMARTHOME (06690.HK) -0.650 (-2.675%) Short selling $52.40M; Ratio 24.672%

　　ASMPT (00522.HK) -2.300 (-1.969%) Short selling $21.55M; Ratio 22.413%

　　(3) State-Owned Enterprises (SOE) Reform

　　Chance: 3 Stars

　　Related sectors: Telecommunications, Domestic banking, Domestic insurance, Raw materials

　　Shares:

　　CHINA MOBILE (00941.HK) -1.250 (-1.648%) Short selling $252.17M; Ratio 23.537%

　　CHINA TELECOM (00728.HK) -0.070 (-1.477%) Short selling $8.67M; Ratio 5.090%

　　CHINA UNICOM (00762.HK) -0.200 (-2.793%) Short selling $34.24M; Ratio 24.328%

　　CCB (00939.HK) -0.160 (-2.920%) Short selling $422.84M; Ratio 33.466%

　　PSBC (01658.HK) -0.170 (-4.009%) Short selling $20.71M; Ratio 16.981%

　　CHINA LIFE (02628.HK) -0.300 (-2.679%) Short selling $61.85M; Ratio 35.463%

　　PICC P&C (02328.HK) -0.030 (-0.314%) Short selling $4.02M; Ratio 2.197%

　　CONCH CEMENT (00914.HK) -0.590 (-2.899%) Short selling $9.81M; Ratio 17.917%

　　CNBM (03323.HK) -0.090 (-3.346%) Short selling $2.65M; Ratio 7.430%

　　CR BLDG MAT TEC (01313.HK) -0.030 (-1.571%) Short selling $1.90M; Ratio 10.695%

　　CHINA SHENHUA (01088.HK) -1.100 (-3.235%) Short selling $76.11M; Ratio 23.673%

　　CHINA COAL (01898.HK) -0.100 (-1.258%) Short selling $6.15M; Ratio 15.140%

　　DONGFANG ELEC (01072.HK) -0.080 (-0.753%) Short selling $1.38M; Ratio 21.061%

　　(4) Property Market Relaxation

　　Chance: 2 stars

　　Related sectors: Domestic property, Domestic banking, Domestic insurance, IT services and software

　　Shares:

　　CHINA RES LAND (01109.HK) -1.500 (-5.576%) Short selling $70.54M; Ratio 31.545%

　　GREENTOWN MGMT (09979.HK) -0.150 (-3.212%) Short selling $73.54K; Ratio 0.597%

　　CHINA OVERSEAS (00688.HK) -0.580 (-4.265%) Short selling $53.56M; Ratio 38.896%

　　CCB (00939.HK) -0.160 (-2.920%) Short selling $422.84M; Ratio 33.466%

　　PSBC (01658.HK) -0.170 (-4.009%) Short selling $20.71M; Ratio 16.981%

　　CHINA LIFE (02628.HK) -0.300 (-2.679%) Short selling $61.85M; Ratio 35.463%

　　PICC P&C (02328.HK) -0.030 (-0.314%) Short selling $4.02M; Ratio 2.197%

　　CHINASOFT INT'L (00354.HK) -0.080 (-1.918%) Short selling $288.08K; Ratio 1.633%

　　Related NewsCiti's Latest CN H-shr Top Buys (Table)

　　(5) Overcapacity Problem

　　Shares:

　　Chance: 2 stars

　　Related sectors: Photovoltaic, Raw materials, Semiconductors

　　CHINAHONGQIAO (01378.HK) -0.580 (-5.524%) Short selling $48.10M; Ratio 17.251%

　　CHALCO (02600.HK) -0.120 (-2.516%) Short selling $12.10M; Ratio 13.743%

　　CMOC (03993.HK) -0.320 (-4.476%) Short selling $49.89M; Ratio 23.749%

　　ZIJIN MINING (02899.HK) -0.600 (-3.538%) Short selling $145.54M; Ratio 19.366%

　　SUNNY OPTICAL (02382.HK) -0.600 (-1.208%) Short selling $53.84M; Ratio 17.596%

　　BABA-SW (09988.HK) -2.000 (-2.639%) Short selling $371.04M; Ratio 23.338%

　　(6) Ageing Population

　　Chance: 2 stars

　　Related sectors: Healthcare, Consumer

　　Shares:

　　SINOPHARM (01099.HK) -0.420 (-2.183%) Short selling $16.29M; Ratio 25.198%

　　NONGFU SPRING (09633.HK) -1.800 (-5.092%) Short selling $108.52M; Ratio 38.734%

　　(7) Consumption

　　Chance: 1 star

　　Related Sector: Consumer

　　Shares:

　　LI NING (02331.HK) -0.400 (-2.597%) Short selling $43.84M; Ratio 27.450%

　　HAIDILAO (06862.HK) -0.520 (-3.790%) Short selling $20.39M; Ratio 19.418%

　　HAIER SMARTHOME (06690.HK) -0.650 (-2.675%) Short selling $52.40M; Ratio 24.672%

　　TENCENT (00700.HK) -3.200 (-0.867%) Short selling $1.10B; Ratio 29.373%

　　MEITUAN-W (03690.HK) -1.100 (-0.921%) Short selling $661.93M; Ratio 39.370%

　　Related NewsJPM Upgrades ZTE (00763.HK) to Neutral, Top Picks CHINA MOBILE (00941.HK) Among CN Telecoms

　　(8) Importance of Private-Owned Enterprises (POE)

　　Chance rate: 1 star

　　Related Sector: Internet

　　Shares:

　　TENCENT (00700.HK) -3.200 (-0.867%) Short selling $1.10B; Ratio 29.373%

　　MEITUAN-W (03690.HK) -1.100 (-0.921%) Short selling $661.93M; Ratio 39.370%

　　CHINASOFT INT'L (00354.HK) -0.080 (-1.918%) Short selling $288.08K; Ratio 1.633%

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-19 12:25.)

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