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<Research>HSBC Research Sets Yr-End HSI Target at 31,000; Mkt Confidence, Corporate Earnings Growth Are Key
Recommend 3 Positive 8 Negative 1 |
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HSBC Global Investment Research released its investment outlook report for the Asian markets, focusing this year on India and some ASEAN markets. The report advised against solely focusing on AI concept stocks that dominated the market in 2025. The broker forecast that the Chinese market remains a "confidence story", now underpinned by corporate earnings growth. It recommended Overweight positions in mainland China, Hong Kong, India, and Indonesia markets; and upgraded Singapore and Japan from Underweight to Neutral. The broker reiterated its year-end 2026 target for the HSI at 31,000, with related constituents to grow EPS by 10%, offering a potential upside of 17.7%. It assigned an Overweight rating. The broker lowered its target for the HSCEI to 10,630 from 11,250 by year-end 2026, with related constituents expected to grow EPS by 10%, offering a potential upside of 15.9%. AASTOCKS Financial News Website: www.aastocks.com |
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