Reported 1 day ago
HSBC Holdings Plc is optimistic about Chinese stocks listed in Hong Kong, forecasting a 21% increase in the Hang Seng China Enterprises Index for 2025 due to favorable policy changes in mainland China and a more promising domestic economic outlook. Despite current concerns over geopolitical tensions and a bear market, the analysts believe lower interest rates and initiatives to revitalize tourism and the property sector will benefit the Hong Kong market. They contrast their positive outlook with more cautious stances from peers like Goldman Sachs and Morgan Stanley.
Source: YAHOO