SOURCE: AASTOCKS

A report by Morgan Stanley pointed out that Mainland CCS shares have outperformed the Mainland stock market this year, but individual share performance is fragmented. It believes that next year will remain subject to weak macro factors, the performance of individual stocks dominated by non-market risks, market focus on adaptable stocks with unique growth potential and Shares of artificial intelligence concepts. Game and music content providers, such as$NTES-S (09999.HK)$,$TENCENT (00700.HK)$and$TME-SW (01698.HK)$Continue to show resilience. While focusing on unique growth opportunities in local or overseas markets$PDD Holdings (PDD.US)$, Education Shares$NEW ORIENTAL-S (09901.HK)$and$TAL Education (TAL.US)$。 Artificial intelligence is slowly being applied, but still considered$BIDU-SW (09888.HK)$It has a constructive meaning.

All of the above stocks are recommended by Daima Investments and rated as “Strong”, with many being preferred. As for$BABA-SW (09988.HK)$,$MEITUAN-W (03690.HK)$,$JD-SW (09618.HK)$,$BILIBILI-W (09626.HK)$Rated “In sync with the big market”.

The bank expects growth in e-commerce, local services and advertising by 7%, 22% and 11% next year, followed by a modest 12% recovery in cloud business, and 9% and 22% growth in gaming and music. The Mainland network industry grew by 10% in revenue next year, operating profit increased by 23% and the return on equity improved by 40 points to 17.5%.

edit/tolk