Only 9 companies in the Hang Seng Tech are positive YTD: Top 3 are Tongcheng, Trip, Meituan, for travel and food, up 25-50%. Xiaomi and Haier Smarthone in consumer electronics. In particular, I’m bullish on meituan as Meituan’s delivery robot can actually overtake the slow car in front of it (and he/she drives fast as well!!).
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