Bank of China International released a report stating that stocks with stable business and revaluation prospects will become the core targets for long-term investors once the market returns to rationality. Short recommendation for Kingsoft International (00354.HK), long-term recommendations for Sino Biopharmaceutical (02382.HK) and Xiaomi (01810.HK).

The report mentioned that since the new policy on September 24th, historical performance continued for the Hong Kong and A-share markets. Although technology stocks have performed well during this period, the relatively strong performance since the beginning of the year has resulted in overall stock performance lagging behind other sectors. However, previously oversold sectors such as software stocks, including Kingdee (00268.HK), Weimob (02013.HK), Yoozoo (08083.HK), and Shangtang (00020.HK), have shown relatively prominent performance instead. It is expected that the situation of chasing after the decline may continue for several days.