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2009-6-2 08:47:00 a.m. HKT, XFNA
DJ MARKET TALK: Focus On Large Cap Laggards For China Plays - CS
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| 0834 [Dow Jones] With rotational chasing of laggards dominating HK trading theme Monday, more near-term catch-up for big-cap laggards likely. Credit Suisse says domestic demand will be much more important story ahead, recommends investors focus on domestic-oriented industries. Still, says as high-beta stocks "grossly outperformed" earlier this year, advises investors focus more on large-cap laggard stocks. Top picks China Mobile (0941.HK), ICBC (1398.HK), China Construction Bank (0939.HK), China Railway Construction (1186.HK), China Life (2628.HK), Ping An (2318.HK).(RLI) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
(Delayed by 1 hour)
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