The HIBOR will hover at its current low level for some time, which is crucial for mortgages and the common US dollar loans among property developers, Zhu Lei, the Head of Asian Fixed Income at Fidelity International, predicted at the Fidelity International 2025 Asia-Pacific Investment Conference. As for how long it will last, the HIBOR should take several months (3-6 months) to strengthen liquidity, with reference to historical levels.

Fidelity International Portfolio Manager Zhang Yuxiang expressed a constructive view on emerging markets, including Hong Kong, from an asset allocation perspective, due to macroeconomic improvements and individual companies' beat in results performance, particularly in the field of AI, such as BABA-W (09988.HK)  -1.100 (-1.036%)    Short selling $1.26B; Ratio 11.309%   and TENCENT (00700.HK)  -4.200 (-0.838%)    Short selling $256.89M; Ratio 3.528%   rising in the AI race. Compared to the U.S. "Magnificent 7", Hong Kong and Asian stock markets have lower valuations, and earnings growth supports valuation re-rating.

Related NewsG Sachs Lists HK Stocks & CN ADRs Rated as Buy Based on ERLI (Table)
Hong Kong stocks are supported by both supply and demand dynamics, with more high-quality Chinese companies choosing to list in Hong Kong, boosting market performance, he mentioned. Additionally, after five years of reducing holdings in Hong Kong and Asian markets, global investors now need to rebuild positions to capture growth opportunities.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)