Analyst

Steve

Experience in both buy and sell-side in Asia.

ZJLD Group (6979 HK):  More Near-Term Upside Expected

Equity Bottom-Up

<ul>
<li>Many China consumer stocks, including <a href="https://www.smartkarma.com/entities/zjld-group-inc" target="_blank" data-smartkarma-citation="entities:36734:1" rel="noopener">ZJLD Group (6979 HK)</a>, have been sold off heavily in the past 6 months, primarily driven by a fear of deflation and weak consumer sentiment. </li>
<li>ZJLD Group is one of the exceptions, with fundamentals intact while share price heavily sold off. </li>
<li>Shares look attractive vs. its high growth rate and strong management team, and especially with the return of Southbound connect post holidays. </li>
</ul>


Many China consumer stocks, including ZJLD Group (6979 HK), have been sold off heavily in the past 6 months, primarily driven by a fear of deflation and weak consumer sentiment. 
ZJLD Group is one of the exceptions, with fundamentals intact while share price heavily sold off. 
Shares look attractive vs. its high growth rate and strong management team, and especially with the return of Southbound connect post holidays. 


ZJLD Group (6979 HK):  Fundamentals Intact; Share Price Wrongfully Punished