Best Hong Kong Stocks Based on Algo Trading: Returns up to 10.15% in 7 Days

Best Hong Kong Stocks

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Hong Kong stocks for the long position
  • Top 10 Hong Kong stocks for the short position

Package Name: By Country – Hong Kong Stocks
Recommended Positions: Long
Forecast Length: 7 Days (05/08/2018 – 05/15/2018)
I Know First Average: 2.23%
Best Hong Kong Stocks

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. 0874.HK was the top performing prediction with a return of 10.15%. 0669.HK and 0271.HK saw outstanding returns of 10.03% and 8.76%. With these notable trade returns, the package itself registered an average return of 2.23% compared to the S&P 500’s return of 1.45% for the same period.

Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited is engaged in the pharmaceutical and healthcare industry. The Company’s segments are Great Southern TCM, Great Commerce, Great Health and Great Medical Care. The Company’s Great South TCM includes research, development, manufacturing and sales for Chinese and western medicine, chemical raw medicine, natural drug, biological medicine and intermediates of chemical raw medicine. The Company’s Great Health segment includes research, development, manufacturing and sales for the products of Great Health. The Company’s Great Commerce segment includes wholesale, retail, import and export for western medicine, Chinese medicine and medical apparatus and instruments. The Company has an antibiotic production chain ranging from raw material medicine to preparation, with products covering commonly used antibiotics. It is engaged in the research and development (R&D), and manufacturing of beverage and food, among others.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.