<div id="readability-page-1"><div>UOB Kay Hian said China’s equity market pulled back in May in lack of new catalysts, with the HSI and MSCI China Index sinking 2.3% and 3.4% MoM, respectively. The broker expected US equities to enter a consolidation phase after a spike since end-March, while China’s market may move lower in tandem with the US in June. The broker viewed this as a good opportunity to accumulate stocks with stronger revenue growth in 2H26.The broker added COWELL (01415.HK) -0.120 (-0.417%) Short selling $14.72M; Ratio 19.064% , CHINA RES MIXC (01209.HK) +0.940 (+2.272%) Short selling $169.23M; Ratio 48.921% , NTES-S (09999.HK) -4.500 (-2.333%) Short selling $525.36M; Ratio 30.907% and WUXI APPTEC (02359.HK) +1.000 (+0.810%) Short selling $174.39M; Ratio 31.716% to its Buy list, and added LI AUTO-W (02015.HK) -0.600 (-1.048%) Short selling $241.15M; Ratio 35.749% to its Sell list.Shares | Investment Ratings | TPs (HKD)BABA-W (09988.HK) -1.100 (-0.891%) Short selling $1.89B; Ratio 20.283% | Buy | HKD188 COWELL (01415.HK) -0.120 (-0.417%) Short selling $14.72M; Ratio 19.064% | Buy | HKD48 CHINA RES MIXC (01209.HK) +0.940 (+2.272%) Short selling $169.23M; Ratio 48.921% | Buy | HKD55 BEONE MEDICINES (06160.HK) -4.900 (-2.918%) Short selling $1.57B; Ratio 48.230% | Buy | HKD257 LI AUTO-W (02015.HK) -0.600 (-1.048%) Short selling $241.15M; Ratio 35.749% | Sell | HKD40 MINTH GROUP (00425.HK) -1.100 (-3.165%) Short selling $17.54M; Ratio 9.029% | Buy | HKD56 NTES-S (09999.HK) -4.500 (-2.333%) Short selling $525.36M; Ratio 30.907% | Buy | HKD252 TRIP.COM-S (09961.HK) -5.200 (-1.388%) Short selling $88.75M; Ratio 10.371% | Buy | HKD624 WUXI APPTEC (02359.HK) +1.000 (+0.810%) Short selling $174.39M; Ratio 31.716% | Buy | HKD170 ZIJIN MINING (02899.HK) -0.360 (-1.080%) Short selling $300.79M; Ratio 21.310% | Buy | HKD50.6 (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)</div></div>

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UOB Kay Hian added COWELL and NTES-S to its Buy list, recommending purchases on pullbacks. The broker noted China's equity market pulled back in May due to a lack of new catalysts and expects US equities to consolidate. Viewing the dip as an opportunity to accumulate stocks with strong revenue growth, UOB Kay Hian also updated ratings for several other companies, including adding Li Auto-W to its Sell list.

- UOB Kay Hian reported that China's equity market declined in May, with the HSI and MSCI China Index dropping 2.3% and 3.4% month-on-month due to a lack of new catalysts.  
- The broker anticipates US equities entering a consolidation phase, possibly pulling China's market lower in June, viewing this as an opportunity to accumulate stocks with stronger revenue growth for the second half of 2026.  
- Stocks added to the Buy list include COWELL, CHINA RES MIXC, NTES-S, and WUXI APPTEC, while LI AUTO-W was placed on the Sell list.

UOB Kay Hian Adds COWELL, NTES-S to Buy List, Recommends Buying on Pullbacks