Best Hong Kong Stocks Based on Stock Algorithm: Returns up to 26.87% in 14 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: 14 Days (03/25/2018 – 04/08/2018)
I Know First Average: 3.92%
Best Hong Kong Stocks

Several predictions in this short-term 14 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. 0076.HK was the top performing prediction with a return of 26.87%. 2098.HK and 0268.HK saw outstanding returns of 7.88% and 7.82%. With these notable trade returns, the package itself registered an average return of 3.92% compared to the S&P 500’s return of 0.63% for the same period.

South Sea Petroleum Holdings Limited is a Hong Kong-based investment holding company principally engaged in petroleum businesses. The Company operates through four segments. Oil segment is engaged in the production and sales of crude oil. Minerals segment is engaged in the trading of minerals. Contract Electronic Manufacturing segment is engaged in the manufacture of contract electronic products and the assembling of electronic components. Piece of Cake Products segment is engaged in the sales of piece of cake products, such as mobile phones. The Company is also engaged in security trading and leasing of production assets.

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.