Top 6 Hong Kong stocks to consider, according to Bernstein

Bernstein named six Hong Kong-listed names — China Resources Beer, ENN Energy, Kunlun Energy, BYD, PetroChina and JD.com — as Outperform picks, citing resilient fundamentals, shareholder distributions and niche growth drivers. The brokerage flags CRBeer’s premiumization and a 9% EBITDA CAGR through 2028, dividend yields of ~4–5% and committed 50%+ payouts at gas distributors, BYD’s temporary volume weakness but strong overseas growth and product ramps, and PetroChina’s robust cash flow and elevated dividend ratio. Bernstein’s picks are constructive for Hong Kong equities overall and could support sentiment in the Hong Kong market (Hong Kong 50), particularly among income-focused and value-rotation investors.