The scan is paying up for one thing: earnings yield vs bonds. That driver hits 10 of 10 names. Book is +6.9% to +10.1% over 6m, median conf 72. Universe ranks are 98-100th percentile. Not a sector bet

Want Want China Holdings Limited ($0151.HK) is the top name: +10.1%, conf 72, sec 100%. Consumer Defensive rank is perfect, but the kicker is vol instability + illiquidity stacking on cheap earnings yield. CHINA TAIPING ($0966.HK) is the Financials twin: +9.3%, conf 72, fwd/trail P/E adds on top. Same macro factor; different sector wrapper. 3SBio Inc. ($1530.HK) +9.2%, conf 72. Healthcare, univ 100%, sec 100%. Earnings yield is the base, but fwd/trail P/E and illiquidity are doing the separation. Kuaishou Technology ($1024.HK) +8.4%, conf 72. Communication Services, univ 99%. Here it’s earnings yield + fwd/trail P/E + vol instability — more growth-ish risk than the defensives. New China Life Insurance Company Ltd. ($1336.HK) +8.0%, conf 71. Financials, sec 99%. Earnings yield plus vol instability plus downside risk. C&D INTL GROUP ($1908.HK) +7.8%, conf 72. Real Estate, sec 100%. Much bigger illiquidity and vol instability kick — that’s the model leaning into distress/rebound optionali

Want Want China Holdings Limited ($0151.HK) is the top name: +10.1%, conf 72, sec 100%. Consumer Defensive rank is perfect, but the kicker is vol instability + illiquidity stacking on cheap earnings y