Best Hong Kong Stocks Based on Artificial Intelligence: Returns up to 18.21% 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 (05/22/2018 – 05/29/2018)
I Know First Average: 2.97%
Best Hong Kong Stocks

7 out of 10 stock prices in this forecast for the By Country – Hong Kong Stocks Package moved as predicted by the algorithm. 0241.HK was our best stock pick this week a return of 18.21%. 0346.HK and 0271.HK followed with returns of 4.10% and 3.83% for the 7 Days period. The package saw an overall yield of 2.97% versus the S&P 500’s return of -1.58% implying a market premium of 4.55%.

ALIBABA HEALTH Information Technology Limited is an investment holding company mainly engaged in the pharmaceutical e-commerce business. Along with subsidiaries, the Company operates its business through two segments. The Pharmaceutical E-commerce segment is involved in operation of the business to consumer (B2C) pharmacy business, provision of outsourced and value-added services to the Tmall Entities, centralised procurement and distribution business and other related services. The Product Tracking Platforms segment provides system services of product identification, authentication and tracking. In addition, it is also engaged in the intelligent medicine business.

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.