Hong Kong's Hang Seng Index gains 0.46% as investors consider undervalued small-cap stocks.
Hong Kong's market resilience sees the Hang Seng Index gain 0.46% amid broader Asian economic concerns. Investors may find opportunities in undervalued small-cap stocks, particularly those with recent insider buying. Stocks such as Nissin Foods, China Overseas Grand Oceans Group, and Ferretti are highlighted as potential investments. A list of 44 undervalued stocks based on cash flows in Hong Kong was published, featuring discounts ranging from 45% to 49.7%.
July 07, 2024
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