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LB Select
2023.07.04 08:21

Is Hong Kong biotech stocks a rebound play?

Hong Kong biotech stocks are catching up? Let's take a look at a set of data.

As of June 28, 2023, the Hang Seng Hong Kong Biotech (HSHKBIO.HI) index PB (LF) is 2.35 times, ranking in the 8.41th percentile over the past 3 years, lower than the historical median of 3.64. After a long decline, there is a higher safety margin.

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