Lyon publishes a report on China's market strategy, singling out the list of offshore market stocks (China offshore quality growth with bottom valuation) with low valuations and substantial growth, which must meet the following conditions First, the shares need to be reviewed by at least three brokerages; second, the onshore market value needs to reach more than US $1 billion; third, the average return rate of equity in the past three years is higher than the median; fourth, the compound growth rate of profits in the past three years is higher than the median; and the fifth is the consistency of the market forecast for earnings per share.
Here is a list of Chinese stocks with low valuations in Lyon:
$China Merchants Bank (03968.HK) $
$ANTA Sports Products (02020.HK) $
$China International Capital Corporation (03908.HK) $
$Sunny Optical Technology (02382.HK) $
$Tsingtao Brewery (00168.HK) $
$Country Garden Services Holdings (06098.HK) $
$Pharmaron Beijing Co., Ltd.* (03759.HK) $
$CSPC Pharmaceutical (01093.HK) $
$Shandong Weigao Group Medical Polymer (01066.HK) $
$far East Hongxin (03360.HK) $
$Greentown Service (02869.HK) $
$elegant living Service (03319.HK) $
$Xuhui Yongsheng Service (01995.HK) $
$Australian excellent (01717.HK) $
AsiaInfo Technology (01675.HK) $
$Tongrentang National Medicine (03613.HK) $
$Noah Holdings Ltd (NOAH.US) $