HK market has many cheap stock - after protests came Covid...then China slowdown
#1

By all measures HK stocks are among cheapest in the world
Index has been in bear market for prolonged period dropping more than 50% from peak. Price to book, PE, Price to free cashflow ....

Now people are just leaving HK after the security law so things are very pessimistic.

Li Ka-shing flagship is selling at PE ratio of 5 and 5.6% dividend yield. Cheapest valuation in its history lower than Asian crisis bottom. This is somewhat interesting as superman Li already moved CK assets out of Hong Kong leaving only the stock listing there.

Many such stocks with the kind of valuation never seen since Asian Financial Crisis.

It looks as if HK is sinking and people are leaving ....


[Image: WvELYti.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

HK people should quickly leave so that the mainlanders can take over the island. But pls hor, dun come to Singapore because we don't welcome you.
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#3

(14-09-2022, 06:24 PM)sgbuffett Wrote:  By all measures HK stocks are among cheapest in the world
Index has been in bear market for prolonged period dropping more than 50% from peak. Price to book, PE, Price to free cashflow ....

Now people are just leaving HK after the security law so things are very pessimistic.

Li Ka-shing flagship is selling at PE ratio of 5 and 5.6% dividend yield. Cheapest valuation in its history lower than Asian crisis bottom. This is somewhat interesting as superman Li already moved CK assets out of Hong Kong leaving only the stock listing there.

Many such stocks with the kind of valuation never seen since Asian Financial Crisis.

It looks as if HK is sinking and people are leaving ....


[Image: WvELYti.jpg]

the charts is HORRIBLE N V V BEARISH
ALL HK STOCK  GURUS ARE PESSIMETICS ,NEW LOWS AKANG DATANG
lets see after 16 oct wll there be any rebound
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#4

(14-09-2022, 07:42 PM)FartSunKing Wrote:  That means your BABA listed in HK could drop to trade at a PE of 5 like CK Hutchinson

BABA now a shade below HKD 90 with PE around 50 

Alibaba could crashed down to trade at HKD 9 with PE around 5

Song boh?
It is possible bu improbable.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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