CITIC Securities Recommends Robots, Tech Hardware, Chemicals for Hong Kong Stocks Based on Foreign Capital Flows in 2026

According to a research report from CITIC Securities released in 2026, foreign capital flow direction provides guidance for Hong Kong stock market timing and sector allocation. The brokerage constructed a foreign capital industry allocation indicator using cumulative foreign inflows and three-week price performance, then applied a two-dimensional scoring framework. Backtesting from January through mid-2026 shows the recommended buy portfolio significantly outperformed the benchmark. The model recommends short-term focus on robotics, technology hardware, and chemicals sectors, while suggesting investors avoid gold, metals, and coal sectors.
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