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<Research>JPM Names TENCENT/ LAOPU GOLD/ MGM CHINA/ TRIP.COM-S as Top Picks; Still Positive on CN Stock Mkt
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JPMorgan has released a research report reiterating the upside options trading strategy for the Chinese consumer market ahead of the Chinese New Year (February 15-23). It selected high-end baijiu, premium proteins (new dairy products and Wagyu beef), major condiments, gold, and the tourism industry as its top picks for this period.

While remaining positive on the Chinese stock market, JPMorgan believes investors should refine their stock selections. The broker's top picks include TENCENT (00700.HK), LAOPU GOLD (06181.HK), MGM CHINA (02282.HK), TAL Education (TAL.US), TRIP.COM-S (09961.HK) (TCOM.US), HAITIAN FLAV (03288.HK) (603288.SH), KWEICHOW MOUTAI (600519.SH), MENGNIU DAIRY (02319.HK), and WULIANGYE (000858.SZ).

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