01766 Should I Buy

The analyst rating from BofA Securities is based on the expectation that Chinese brokers will experience a strong revaluation once certain conditions are met. These conditions include a government signal to halt reductions by state-owned entities, the introduction of more capital market support policies (such as accelerating A-share IPOs), and a continued rise in earnings expectations following the Lunar New Year. Despite the current underperformance of A- and H-shares relative to the market, the analysts believe that the fundamentals of the companies are strong, which justifies their Buy ratings for specific brokers.