Dec
04

Foreign Investors Find a Handful of Gems Among Shenzhen Stocks

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  • Exchange link providing access to market opened a year ago
  • Opportunities seen within index that’s fallen 8% in past year

Foreign investors are sticking with their favorite Shenzhen stocks even as the exchange they trade on has been left in the dust by the global equity rally.

Surveillance camera maker Hangzhou Hikvision Digital Technology Co. and liquor company Wuliangye Yibin Co. were among those recommended by analysts as China opened the Shenzhen Composite Index to the outside world exactly a year ago. Foreign investors piled in, helping the shares of those companies double in value in 12 months. While they’ve fallen from November’s record highs, sentiment over their longer-term outlook remains bullish…

Foreign Investors Find a Handful of Gems Among Shenzhen Stocks

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Categories : Finance

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