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J.P. Morgan's chief Chinese stock strategist said it is expected that the MSCI China Index will rebound further as valuations are normalized and measures to curb overcapacity boost the profitability of key industries. By the end of 2026, the MSCI China Index will rise by about 18%, and the Shanghai and Shenzhen 300 Index will rise by about 12%. The MSCI Hong Kong Index can increase by 18%, supported by capital flows and a final recovery in real estate market sentiment. She also said that the profit growth rate of the three major indices is expected to be between 9% and 15% next year. Additionally, HSBC Private Bank on Tuesday set a target for the Hang Seng Index to reach 31,000 points by the end of 2026, up 22% from Tuesday's closing price. The bank indicated that liquidity has increased and profit trends are good. China's move to boost domestic demand is expected to boost corporate profit margins, while Hong Kong's steady real estate market, expanding retail activity, increasingly active IPO projects, and tourism growth are expected to support Hong Kong's economic recovery.

智通財經·12/10/2025 00:41:03
語音播報
J.P. Morgan's chief Chinese stock strategist said it is expected that the MSCI China Index will rebound further as valuations are normalized and measures to curb overcapacity boost the profitability of key industries. By the end of 2026, the MSCI China Index will rise by about 18%, and the Shanghai and Shenzhen 300 Index will rise by about 12%. The MSCI Hong Kong Index can increase by 18%, supported by capital flows and a final recovery in real estate market sentiment. She also said that the profit growth rate of the three major indices is expected to be between 9% and 15% next year. Additionally, HSBC Private Bank on Tuesday set a target for the Hang Seng Index to reach 31,000 points by the end of 2026, up 22% from Tuesday's closing price. The bank indicated that liquidity has increased and profit trends are good. China's move to boost domestic demand is expected to boost corporate profit margins, while Hong Kong's steady real estate market, expanding retail activity, increasingly active IPO projects, and tourism growth are expected to support Hong Kong's economic recovery.