Goldman Sachs re-evaluates leading indicators (ERLI) and lists Hong Kong stock buy recommendations (Table)

Goldman Sachs released a report stating that according to the "Earnings Revision Leading Indicator" (ERLI) criteria, the upward momentum of market consensus earnings adjustments further strengthened in December last year, rising 1.3% month-on-month and accumulating a 6.9% increase over the past three months, marking the strongest growth rate since 2021. The bank expects that the ERLI model predicts that earnings adjustments may continue until early 2026, mainly benefiting from improvements in technology and manufacturing activities in the region.

The bank listed the latest buy stocks (only Hong Kong stocks) according to the Earnings Revision Leading Indicator (ERLI):

Stocks

AIA Group (01299.HK)

Xiaomi Corporation-W (01810.HK)

HKEX (00388.HK)

Ping An Insurance (02318.HK)

Zijin Mining (02899.HK)

Techtronic Industries (00669.HK)

China Pacific Insurance (02328.HK)

China Taiping Insurance (02601.HK)

Lenovo Group (00992.HK)

China Molybdenum (03993.HK)

ZTO Express-W (02057.HK)

Huahong Semiconductor (01347.HK)

Zhaojin Mining (01818.HK)

China Aluminum (02600.HK)

Jiangxi Copper (00358.HK)

Metallurgical Corporation of China (01208.HK)

Weichai Power (02338.HK)

CICC (03908.HK)

AAC Technologies (02018.HK)

Conch Cement (00914.HK)

BYD Electronics (00285.HK)

CRRC Corporation (01766.HK)

JD Logistics (02618.HK)

Swire Properties A (00019.HK)

China National Building Material (03323.HK)

Times Electric (03898.HK)

Haitian International (01882.HK)