Bank of America Securities released its outlook report for the China market this year, listing a list of Chinese industry leaders' business "going abroad" (Local champions going abroad), but selected stocks that are potentially less affected by tariffs from Europe and the USA. The selection criteria are that the Market Cap must exceed 5 billion USD, the average daily Trading volume must exceed 10 million USD, the revenue from the USA business accounts for less than 10% of total income, and the overseas sales from non-USA and Europe account for more than 10%.
Stocks
BYD (01211.HK)
Great Wall Motor (02333.HK)
Geely (00175.HK)
Contemporary Amperex Technology (300750.SZ)
Midea (00300.HK)
MINISO (09896.HK)
Pop Mart (09992.HK)
HISENSE HA (00921.HK)
Shenzhen Mindray Bio-Medical Electronics (300760.SZ)
Sany Heavy Industry (600031.SH)
Jiangsu Hengli Hydraulic (601100.SH)
XCMG Construction Machinery (000425.SZ)
LONGi Green Energy Technology (601012.SH)
Shenzhen Transsion Holdings Co., Ltd. (688036.SH)
Xiaomi-W (01810.HK)
J&T EXPRESS-W (01519.HK)
Alibaba (09988.HK)
Trip.com (TCOM.US)