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<Research>Citi Raises Yr-end Target for HSI to 25,000, Avoids Tariff Uncertainty by Liking Local Stocks
The Chinese government is aiming to shift its domestic economic growth to be more consumption led instead of investment led, Citi Research issued a research report saying. External...
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<Research>Citi Raises Yr-end Target for HSI to 25,000, Avoids Tariff Uncertainty by Liking Local Stocks
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The Chinese government is aiming to shift its domestic economic growth to be more consumption led instead of investment led, Citi Research issued a research report saying.

Externally, China appears to be “firm” in its response to the US trade policy, but it also appears to be open to discussion. The broker preferred domestic-related stocks to avoid the uncertainty of rising trade tariffs.

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Citi Research also raised its year-end target for the HSI from 24,500 to 25,000, with a target of 26,000 by the middle of 2026.

The following table shows the broker's Top Buy and Top Sell lists of Hong Kong stocks and ADRs:

Top Buy List:
TENCENT (00700.HK)  -9.500 (-1.836%)    Short selling $519.46M; Ratio 8.048%  
HUANENG POWER (00902.HK)  +0.040 (+0.810%)    Short selling $8.29M; Ratio 8.792%  
Trip.com Group (TCOM.US)     
BYD COMPANY (01211.HK)  -15.000 (-3.609%)    Short selling $889.51M; Ratio 34.321%  
AIA (01299.HK)  -1.050 (-1.661%)    Short selling $211.45M; Ratio 17.807%  
Atour (ATAT.US)     
ANTA SPORTS (02020.HK)  -3.450 (-3.643%)    Short selling $42.79M; Ratio 12.667%  
* HAIER SMARTHOME (06690.HK)  -0.550 (-2.227%)    Short selling $26.56M; Ratio 8.370%   removed from the Top Buy list

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Top Sell List:
TINGYI (00322.HK)  -0.340 (-2.572%)    Short selling $15.32M; Ratio 21.329%  
HUISHANG BANK (03698.HK)  +0.010 (+0.340%)    Short selling $76.47K; Ratio 3.306%  
COUNTRY GARDEN (02007.HK)  -0.005 (-1.149%)    Short selling $686.16K; Ratio 10.982%  
CHINA GAS HOLD (00384.HK)  +0.040 (+0.561%)    Short selling $1.19M; Ratio 12.836%  
MTR CORPORATION (00066.HK)  -0.100 (-0.362%)    Short selling $19.26M; Ratio 28.365%  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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