Global stocks tumbled last week — but these names bucked the trend

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Hong Kong-listed stocks had a good week in particular, as a local news outlet reported the city is considering easing Covid measures further.

Casino operator Sands China popped 23.2% over last week. This is the second consecutive week it rose over 20%, with the stock riding on news that Sands China was among six casino operators that were issued new licenses to operate in Macao — the world's largest gambling hub.

Hong Kong-listed shipping company SITC International Holdings rose nearly 12%. The stock stood out for winning a "buy rating" from all analysts covering it — and being given a 67.8% average upside to price target. Hong Kong-based conglomerate Swire Pacific , which has a portfolio of businesses ranging from beverages to property, rose 7.6%. Of analysts covering the stock, 40% gave it 10% upside.

 

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Thanks Joe!!!

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