🇨🇳#china #stocks #history
price-to-book ratio of the Hong Kong Hang Seng Index has reached extremely low levels = historically, after such instances, the Hong Kong market has experienced a subsequent rise of 40-80% over the next 2 years.
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here's what's on my list of Chinese equities to watch (not an investment advice):

- FinVolution (#FINV)
- Hello Group (#MOMO)
- Naspers (#NPSN)
- Prosus (#PRX)
- Phoenix New Media (#FENG)
- Cango (#CANG)
- LexinFintech (#LX)
- Qifu Technology (#QFIN)
- Tencent (#TCEHY)
- WH Group (#288HK)

🇨🇳#288HK #watchlist
WH Group: quarterly financial results ($, M)

- Price/Earnings (4Y): 8
- Price/FreeCashFlow (4Y): 6
- Dividend Yield: 6%
- Buyback Yield: -%
- Industry: Food

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Chinese stock market is becoming more (chart) and more (chart) interesting.