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KGI Estimates HSI to Hit 30,000 by Yr-End, Recommends 12 Stocks Incl. XPENG-W/ UBTECH ROBOTICS/ TENCENT/ BABA-W
KGI has released a global market outlook, in which it estimated external pressures would slow China's GDP growth in real terms to 4.6% this year despite receded risks following...
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KGI Estimates HSI to Hit 30,000 by Yr-End, Recommends 12 Stocks Incl. XPENG-W/ UBTECH ROBOTICS/ TENCENT/ BABA-W
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KGI has released a global market outlook, in which it estimated external pressures would slow China's GDP growth in real terms to 4.6% this year despite receded risks following the conclusion of multiple trade agreements between countries.

Holding a bullish outlook for the HSI, KGI predicted that Fed rate cuts would drive capital back into H- and A-shares. It lifted the forecast P/E/ earnings growth to 13.5x/ 8% based on an expected P/E to reflect capital inflow into H- and A-shares. It also set a year-end target for the HSI at 30,000, marking a potential increase of about 14%.

Related NewsUBS: XPENG-W (09868.HK) Expects More Stable Pricing This Yr as Sales Expansion to Offset Raw Material Cost Hikes
KGI recommended 12 major stocks, namely XPENG-W (09868.HK)  0.000 (0.000%)    Short selling $125.39M; Ratio 15.150%   , UBTECH ROBOTICS (09880.HK)  0.000 (0.000%)    Short selling $48.26M; Ratio 7.238%   , TENCENT (00700.HK)  0.000 (0.000%)    Short selling $2.55B; Ratio 15.587%   , BABA-W (09988.HK)  0.000 (0.000%)    Short selling $3.92B; Ratio 17.785%   , CHINAHONGQIAO (01378.HK)  0.000 (0.000%)    Short selling $215.81M; Ratio 12.894%   , AIA (01299.HK)  0.000 (0.000%)    Short selling $375.91M; Ratio 15.533%   , PING AN (02318.HK)  0.000 (0.000%)    Short selling $992.62M; Ratio 24.846%   , CM BANK (03968.HK)  0.000 (0.000%)    Short selling $140.14M; Ratio 15.945%   , AKESO (09926.HK)  0.000 (0.000%)    Short selling $43.51M; Ratio 10.898%   , POP MART (09992.HK)  0.000 (0.000%)    Short selling $532.81M; Ratio 29.491%   , TME-SW (01698.HK)  0.000 (0.000%)    Short selling $22.66M; Ratio 36.349%   , and SINO LAND (00083.HK)  0.000 (0.000%)    Short selling $10.22M; Ratio 7.790%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-15 16:25.)

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