Hong Kong Stocks That Analysts Love and Hate for 2018: Chart

28 Dec 2017, 07:44 PM IST

An electronic board displays share prices on the trading floor of the Hong Kong Stock Exchange, operated by Hong Kong Exchanges & Clearing Ltd. (HKEX), in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

(Bloomberg) -- With the Hang Seng Index set to cap its best year since 2009, a compilation of analysts’ target-price forecasts show some warm favorites and unpopular picks for the year ahead. Index newcomer Sunny Optical Technology Group Co. comes out on top: improving earnings have spurred a 180 percent surge in the lens manufacturer’s shares this year, even after they retreated 36 percent from last month’s peak. Analysts are also excited about underperformers like China Mobile Ltd., while some local lenders and Hong Kong’s main utility will end up the biggest losers of 2018 if the forecasts are right.

To contact Bloomberg News staff for this story: Amy Li in Shanghai at yli677@bloomberg.net, Kana Nishizawa in Hong Kong at knishizawa5@bloomberg.net.

To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net, Sarah McDonald, Linus Chua