The 70% Rise of "Old Stocks" | Zeng Zhihua

When everyone is focused on researching AI stocks or domestic enterprise stocks, I would rather be old-fashioned and analyze some potential old Hong Kong stocks. Today, I will talk about two: "MIRAMAR HOTEL" (071) and "HYSAN DEV" (014). As you may know, these two old stocks have been rising repeatedly since the beginning of the year and have just reached a new annual high. MIRAMAR started from a low of HKD 8.5 in February and rose to HKD 10.23 last week, an increase of 20%! HYSAN DEV is even more astonishing, starting from HKD 11.1 at the end of January, and a year later, it can be described as a spectacular rise. Last Thursday, it reached HKD 18.65, an increase of over 70%. Yes, you read that right; in a time when the economy is still quite uncertain, it actually rose by 70%! Both stocks have a dividend yield of over 5 cents It is worth mentioning that both of the above stocks have a dividend yield of over 5 cents. With both price increases and dividends, they not only far outperform the market but also surpass the vast majority of listed companies. General small investors watch TV and radio quotes every day, and the stocks they see are mostly a dozen or twenty heavily traded stocks. Yes, these stocks almost represent the rise and fall of the Hang Seng Index. However, today, 90% of the heavily traded stocks in Hong Kong are domestic stocks. What direct relationship do they have with Hong Kong's real economy? For example, Xiaomi, Meituan, SMIC, Pop Mart, Kuaishou, Baidu... How much do you know about these stocks? This includes their business strategies, market changes, business prospects, management styles (loyal or treacherous, conservative or aggressive), the extent of government policy impact, and the amount of debt... I must admit that I am completely in the dark. Why? Because there is not enough information to conduct in-depth research, making it difficult to analyze comprehensively. These "hot stocks," if you just follow the crowd, you will definitely keep "paying tuition fees"! It's better left to retail investors with unlimited youth (who can quickly recover from losses) and insider traders to play with. Recently, Tsim Sha Tsui and Causeway Bay have become bustling Experience tells me that random buying is definitely not the way to invest; it is a major financial taboo. On the contrary, what I buy must be transparent and even companies that I patronize myself. Why have MIRAMAR and HYSAN DEV risen so much this year? I don't have a 100% answer, but I know that Tsim Sha Tsui and Causeway Bay have indeed started to become bustling recently, and these are precisely the bases of the two major groups. Furthermore, the MIRAMAR Group holds a large amount of cash and previously made a bold offer of HKD 3.12 billion to acquire the Champagne Building. Although it failed, it has already shown its strong backing! Senior Media Person Zeng Zhi Hua