KGI released its global market outlook for 2H25 expecting the Hong Kong stock market to reflect more favorable factors in 2H25. KGI raised its 2025 HSI target to 25,500, corresponding to a projected PE ratio of about 11x, i.e., a potential upside of 6.3% in 2H25, compared with the broker's 2025 HSI target of 23,200 set at the end of 2024.

KGI preferred a total of 6 sectors, naming industrial, internet, raw material, telecom, healthcare and utilities, and recommended XIAOMI-W (01810.HK)  0.000 (0.000%)    Short selling $1.11B; Ratio 8.829%   , TENCENT (00700.HK)  0.000 (0.000%)    Short selling $862.04M; Ratio 9.550%   , BABA-W (09988.HK)  0.000 (0.000%)    Short selling $838.32M; Ratio 11.157%   (BABA.US)      , TRIP.COM-S (09961.HK)  0.000 (0.000%)    Short selling $247.49M; Ratio 23.649%   (TCOM.US)      , CATL (03750.HK)  0.000 (0.000%)    Short selling $58.18M; Ratio 10.793%   , SPDR GOLD TRT (02840.HK)  0.000 (0.000%)   , CHINA UNICOM (00762.HK)  0.000 (0.000%)    Short selling $45.85M; Ratio 15.932%   , AKESO (09926.HK)  0.000 (0.000%)    Short selling $94.94M; Ratio 12.104%   , AIA (01299.HK)  0.000 (0.000%)    Short selling $443.17M; Ratio 21.190%   , Futu Holdings (FUTU.US)      , POP MART (09992.HK)  0.000 (0.000%)    Short selling $449.74M; Ratio 9.857%   , CHINA RES POWER (00836.HK)  0.000 (0.000%)    Short selling $45.56M; Ratio 14.769%   and LINK REIT (00823.HK)  0.000 (0.000%)    Short selling $57.13M; Ratio 14.235%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-24 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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