To The Moon

What to buy to benefit from the surging Chinese stock market? Investors may already learn that HK stock market outperforms the US stock market in the past month. But many investors don't know how to join this rally. 

Let's check out JPMorgan's HK$7 billion bottom list and trading strategy. JPMorgan Chase has invested nearly HK$7 billion in the Hong Kong stock market since November,investing more than 20 quality companies in Hong Kong stocks.

1. JP Morgan Chase's HK$7 billion bottom list

JP Morgan has added over 20 stocks such as $BILIBILI-W(09626)$ , $PING AN(02318)$ , $Li Auto(LI)$ , $PICC P&C(02328)$ , $ZIJIN MINING(02899)$ , $Meituan(03690)$ , $CANSINOBIO(06185)$, etc.

Top 3 Picks - $Meituan(03690)$, $PING AN(02318)$, $Hong Kong Exchanges and Clearing(00388)$

(1) $Meituan(03690)$ is the largest HK holding of JP Morgan Chase.

On November 29 alone, JP Morgan bought 20.723 million shares of Meituan at an average price of HK$149.20, involving an amount of nearly HK$3.1 billion, increasing its shareholding to 5.04%.

(2) $PING AN(02318)$ is also one of JP Morgan's favored targets.

HKEX data shows that on November 4 and 11, JPMorgan Chase spent a total of about HK$1.1 billion to increase its position at HK$34.34 per share and HK$38.46 per share, respectively. After the increase, Ping An's position rose to 9.11%, with the latest position of 679 million shares.

(3) JPMorgan Chase increased its holdings in the$Hong Kong Exchanges and Clearing(00388)$ .

On November 2, JPMorgan Chase increased its holdings by 1.62 million shares at an average price of HKD 231.78 per share, involving HKD 376 million.

Top Industry Picked by JPMorgan Chase -New Energy Vehicles

J.P. Morgan has increased its holdings in $Li Auto(LI)$ and $XPeng Inc.(XPEV)$ .

On Nov. 9 and Nov. 11, JPMorgan Chase increased its holdings in $Li Auto(LI)$ by 6 million shares at an average price of HK$70.34 per share, involving about HK$427 million;

On Nov. 1 and 4, JPMorgan Chase spent HK$412 million to increase its holdings in $XPeng Inc.(XPEV)$ .

2. JP Morgan's Trading Strategy- Arbitrage from frequent short-term trading

It is worth noting that JP Morgan Chase's trading strategy in the Hong Kong stock market is to frequently buy and sell in the short term. It frequently buy and sell with holding one stock only for several days and gained much.

$PING AN(02318)$ - profit over HK$300 million

On November 4, JPMorgan bought Ping An shares by 8,312,600 shares at an average price of HK$34.35.

Only four days after taking the position, on November 8, JP Morgan sold 5,877,100 shares at an average price of HK$36.36.

After November 11, JPMorgan again bought 22,418,300 shares at HK$38.46, and sold 3,914,700 shares at 43.18 only six days later.

According to a rough calculation, JPMorgan has made a profit of over HK$300 million in Ping An's frequent buying and selling of short term trading.

Ping An

$BILIBILI-W(09626)$

HKEX data shows that:

On November 4, JPMorgan Chase bought 219,800 shares of $BILIBILI-W(09626)$ at an average price of HK$84.23

11 days after taking the position, JP Morgan sold another 1,347,900 shares at a price of HK$113.59

On November 18, JP Morgan sold another 712,600 shares of $BILIBILI-W(09626)$ at HK$122.46

On November 30, it bought back another 1,292,600 shares at $120.98.

Bilibili

JPMorgan's short term trading targets in the Hong Kong stock market also include $Li Auto(LI)$ , $CANSINOBIO(06185)$ , $XPENG-W(09868)$ , and $WEIMOB INC(02013)$ .

Will you follow JP Morgan to buy these companies?

What trading strategy will you adopt?

Share your thoughts in the comment section!