Investing in Hong Kong:
Generational opportunity or value trap?
INVESTOR TRIP TO HONG KONG
29 - 30 April 2024
Out-of-favour market
Stocks of Hong Kong companies are as out-of-favour as they haven't been in ages. Some stocks are trading at half the valuation metrics of their historical average.
Hong Kong might just be transitioning to a new way of operating, though. Westerners may not like the idea, but Hong Kong could continue to thrive under its new Chinese regime.
Politics and economics are forever intertwined in the Hong Kong debate, and it's both a controversial and fascinating subject.
Does Hong Kong provide a generational investment opportunity, or is it a value trap?
12 Undervalued-Shares.com readers, Michael Fritzell (author of Asian Century Stocks) and myself set out to explore.
Over two packed days of hands-on, real-life research, we got a deeper understanding of the Hong Kong market, looked at several promising companies, and enjoyed some networking with like-minded individuals.
Out-of-favour market
What was the trip about?
The group
14 participants from the UK, Singapore, Hong Kong, China, Channel Islands, and Switzerland – all with a professional background, such as fund management, HNWI investor, equity analyst, finance blogger or similar.
The activities
As with any Undervalued-Shares.com investor trip, participants quickly formed friendships, and enjoyed several dinners in downtown Hong Kong, which were also joined by some local friends.
The companies
We listened to presentations by the following firms:
AB Bernstein
Global asset management firm
Anta
Producer of sports equipment
Bank of East Asia
Hong Kong's largest independent local bank
Galaxy Entertainment
Owner and operator of hotels and casinos in Macau
Hong Kong Exchanges & Securities
Operator of the Hong Kong Stock Exchange
Hypebeast
Online fashion retailer
Lever Style
Apparel supply partner
Lion Rock and Left Field
Commercial printing services
Perfect Medical Health Management
Multi-national provider of healthcare and medical beauty services
Plover Bay Technologies
Computer networking products
Natural Food International Holding
Producer of natural health products
Shineway Pharmaceutical Group
Modern Chinese medicine business
Sino Land
Leading local property developer
Interested in similar events?
There are likely to be more such investor trips in the future.
Check back on here for details (and don't forget, as a Lifetime Member, you always get priority booking!).
