It might be time for 'bottom-fishing' Hong Kong stocks, Barclays says

Barclays' Matt Pecot told CNBC at the Barclays Asia Forum on Thursday: "I think a lot of investors have chosen to steer clear ... property stocks, a lot of your hotel stocks have corrected pretty dramatically."

"Hopefully we'll get a resolution of this soon, and some of the violence and vandalism stops. But I think lot of it is probably already priced in, and it may be time for a little bottom fishing," Pecot said. Hong Kong's benchmark Hang Seng index plunged to a seven-month low in August, and has since bounced back slightly — but still more than 12% off highs this year in April.

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