Mainland Money Is Flooding Into These 3 HK Giants—Are You Missing Out?

Executive Summary

After months of uncertainty, Hong Kong’s stock market has come roaring back, with record-breaking inflows from mainland Chinese investors fueling a powerful rally. But here’s the exciting part: you don’t need a HKEX account to ride this wave.

In this article, I’ll walk you through three top Hong Kong blue-chip stocks that have triggered fresh bullish signals using my One Good Trend (1GT) strategy, and the best part is, they’re all available to trade on the SGX as Singapore Depository Receipts (SDRs). With China’s tech sector re-rated and valuation gaps closing fast, this could be a rare window to position yourself ahead of the next leg up. Don’t miss this.

1) Bank of China Ltd (3988.HK)

Bank of China Ltd (3988.HK) is one of China’s largest and oldest state-owned commercial banks, offering a wide range of financial services globally, from corporate and personal banking to treasury operations and investment banking.

Looking at the long-term trend, the 100-day moving average (red line) remains above the 200-day moving average (blue line), and both are still pointing upward.

Price action is trading firmly above both of these lines, suggesting that the long-term uptrend remains intact.

In the short term, the 20-day moving average (green line) has flattened slightly, with price now sitting just below it after a short-term pullback.

This reflects some near-term consolidation, but the broader trend remains positive unless the support is breached.

There have been a series of 1GT Bullish signals from my 1GT (Pro) Indicator over the past month, especially near the 4.40 HKD (S$0.70) level.

The most recent bullish signal is still playing out and remains valid for now, though price is approaching the support zone again, which will be important to hold in the near term.

The immediate support is at 4.40 HKD (S$0.70), which has seen multiple rebounds in recent weeks.

Holding above this level is key to keeping the uptrend intact.

On the upside, the next resistance is at 4.80 HKD (S$0.77), and beyond that at 5.20 HKD (S$0.83), which was where sellers emerged previously.

So how does one take a position in Bank of China from the HK SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Bank of CN HK SDR 1to1 (HBND) currently priced at S$0.745.

A conservative approach would be to accumulate on dips near the 4.40 HKD (S$0.70) support level, with a stop-loss just below it to manage downside risk.

An aggressive approach would be to enter on a breakout above 4.80 HKD (S$0.77), where bullish momentum could push the price toward the 5.20 HKD (S$0.83) target.

As long as the key support holds and the recent bullish signal remains intact, this stock still looks well-positioned for potential upside continuation.

For Bank of China’s HK SDR listed on SGX, the SDR ratio is 1 SDR to 1 underlying share.

This means the conversion from HKD to SGD is simply done by multiplying by the exchange rate of 0.16.

2) HSBC Holdings (0005.HK)

HSBC Holdings PLC (0005.HK) is a global banking and financial services group headquartered in London, with strong operations in Hong Kong and Asia.

It provides retail banking, commercial banking, wealth management, and global markets services to individuals, institutions, and corporations worldwide.

From a long-term trend perspective, the stock continues to show strength.

The 100-day moving average (red line) remains firmly above the 200-day moving average (blue line), and both are pointing upward.

Price is also trading well above both of these key averages, confirming that the long-term uptrend is intact.

In the short term, the 20-day moving average (green line) is also pointing up, and prices are currently sitting above this line.

This reinforces the short-term bullish momentum and suggests continued strength in the near term.

There have been several 1GT Bullish signals from my 1GT (Pro) Indicator over the past few months, including the recent one that appeared as price rebounded from the 90.00 HKD (S$2.88) support level.

This bullish signal is still playing out, with prices holding above key support and attempting to push higher.

So how does one take a position in HSBC Holdings from the HK SDR traded on the SGX?

Well, you can take a position in this SDR, which is named HSBC HK SDR 5to1 (HSHD) currently priced at S$3.09.

Support can now be seen at 90.00 HKD (S$2.88), where price has bounced twice in recent months.

As long as this level holds, the short-term uptrend remains intact.

Immediate resistance is at 100.00 HKD (S$3.20), and beyond that, the next target would be around 110.00 HKD (S$3.52), which represents the next significant upside zone on the chart.

A conservative approach would be to accumulate near the 90.00 HKD (S$2.88) support level on dips, with a stop-loss just below it to manage risk.

An aggressive approach would be to enter on a breakout above 100.00 HKD (S$3.20), where a move toward 110.00 HKD (S$3.52) could be expected if momentum continues.

With a recent 1GT Bullish signal still in effect and the stock trending well above all major moving averages, this setup continues to look attractive for potential upside.

For HSBC Holdings HK SDR listed on SGX, the SDR ratio is 5 SDR to 1 underlying share.

This means the conversion from HKD to SGD is simply done by multiplying by the exchange rate of 0.16 then divided by 5 to get the SGD price.

3) PetroChina (0857.HK)

PetroChina Company Limited (0857.HK) is one of China’s largest oil and gas producers and distributors.

It engages in exploration, development, refining, and marketing of petroleum and petrochemical products both in China and internationally.

Looking at the long-term trend, the 100-day moving average (red line) has recently crossed above the 200-day moving average (blue line), and both are now beginning to slope upward.

Price is also trading well above these longer-term averages, suggesting that the long-term trend has shifted from sideways to bullish.

In the short term, the 20-day moving average (green line) is clearly pointing up, reinforcing the short-term bullish momentum.

This signals growing strength in the current uptrend.

We’ve also seen a recent 1GT Bullish signal from my 1GT (Pro) Indicator on 3^rd Jun 2025.

The stock also subsequently rebounded from the new 6.60 HKD (S$2.11) support level.

That signal is still in play, and price is consolidating slightly after the strong push in June.

Past bullish signals have been effective at catching rebounds, and the recent one appears to be following that pattern.

So how does one take a position in PetroChina from the HK SDR traded on the SGX?

Well, you can take a position in this SDR, which is named PetroCN HK SDR 1to2 (HPCD) currently priced at S$2.20.  

Support now sits at 6.60 HKD (S$2.11), which is the level to watch for any pullbacks.

As long as this level holds, the short-term uptrend remains intact.

Immediate resistance can be seen at 7.30 HKD (S$2.34), and beyond that, the next resistance level is at 8.00 HKD (S$2.56), which could be the next upside target if momentum resumes.

A conservative approach would be to accumulate on dips near the 6.60 HKD (S$2.11) support level, with a stop-loss just below to manage risk in case of breakdown.

An aggressive approach would be to enter on a breakout above 7.30 HKD (S$2.34), where we may see a push toward 8.00 HKD (S$2.56) in the short to medium term.

With the recent 1GT Bullish signal still playing out and both short-term and long-term trends turning positive, PetroChina looks poised for further upside if support levels continue to hold.

For PetroChina HK SDR listed on SGX, the SDR ratio is 1 SDR to 2 underlying share.

This means the conversion from HKD to SGD is simply done by multiplying by the exchange rate of 0.16 then multiply by 2 to get the SGD price.

 About the Author - Joey Choy

Joey is Singapore’s renowned mentor on how to make an income by trading the stock market, an author and one of the most-watched, quoted and followed stock trading trainers in Singapore. Over the years, he has conducted numerous full house seminars, enriching thousands to trade more profitably. 

Joey’s come back story from a S$740k debt has been featured in the Business Times and inspired thousands in Singapore. In less than 3 years, he is highly regarded as one of the Top Tier Remisiers (Stock Brokers) and Traders, bagging numerous yearly awards like Top Trading Representative and Top CFD Achiever every year from 2014 to 2023 in Phillip Securities.

More about Joey here

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