PQNT0.290%
as of Jul 21
2388
GrowthBOC HONG KONG HOLDINGS L /HKD/
Close · 3M
+5.05%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals1
Win rate100% (1/1)
Avg buy return+0.65%
PQNT · Weight decrease · 2d
Pictet Asset Management's PQNT, an ex-US developed-market fund utilizing AI signals combined with various factor exposures, has systematically decreased its weighting in BOC HONG KONG HOLDINGS (2388) from 0.4100% to 0.3400% over several trading days. This gradual adjustment, consistent with the fund's periodic rebalancing cadence across its portfolio of approximately 300 international developed-market stocks, suggests PQNT's AI overlay and its analysis of factors like momentum have flagged diminishing attractiveness for the Financials sector company. Support for this systematic reduction is evident in the stock's recent performance, showing a -8.3% return over the last 30 days, a metric likely influencing the fund's factor-based signals. The fund's strategy, integrating fundamental, momentum, valuation, and sentiment inputs, appears to have driven this targeted decrease in response to the stock's current trajectory.
weight 0.370% → 0.340% (-0.030 pp)·stock down 12.1% in the 30 days before
Jul 2·entry 5.40·now 5.93
+9.75%
since Jul 2
PQNT · Weight decrease · 2d
The two-day, gradual decrease in BOC Hong Kong Holdings' weight within PQNT, from 0.58% to 0.56%, reflects a nuanced adjustment by the AI-driven fund rather than a rapid divestment. Trading at $5.91, which places the Financials stock at 96% of its 52-week high despite a moderate 1-year return of +4.6%, the combined AI signals and factor exposures likely prompted a re-evaluation of its attractiveness for further accumulation. This measured reduction is consistent with PQNT’s periodic rebalancing approach, where the AI layer integrates valuation and momentum considerations across its developed-international universe.
weight 0.580% → 0.560% (-0.020 pp)·stock up 1.7% in the 30 days before
Jun 13·entry 6.16·now 5.93
-3.70%
since Jun 13
PQNT · Weight increase · 2d
The weighting for BOC HONG KONG HOLDINGS within PQNT exhibited a gradual upward trend from 0.53% to 0.57% across the dates, characterized by incremental adjustments rather than sudden shifts. This measured accumulation for the Hong Kong-listed Financials stock aligns with Pictet Asset Management's AI overlay, which likely registered a sustained positive signal when combined with specific factor exposures. PQNT's AI system, analyzing fundamentals, momentum, valuation, or sentiment specific to 2388, probably detected a compounding positive signal that warranted increased exposure. Given PQNT's periodic rebalancing schedule for its ~300 ex-US developed market holdings, these slight, stepped increases suggest the AI-driven models continuously found sufficient justification at the prevailing market levels to progressively scale up the position over several days, rather than executing a large, single-day adjustment.
weight 0.550% → 0.570% (+0.020 pp)
May 17·entry 5.89·now 5.93Fresh
+0.65%
since May 17
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.