Escalating tensions in the Middle East are unlikely to derail a recovery in Hong Kong’s equity market, Citigroup said on Thursday, as it raised its year-end target for the Hang Seng Index by 2 per cent to 25,000 points.
The US bank said it expected Hong Kong’s benchmark to climb to 26,000 in the first half of 2026, assuming geopolitical tensions eased and policy support remained steady.
“China faces deflationary pressures rather than inflation, so even if imported energy costs rise, the…Escalating tensions in the Middle East are unlikely to derail a recovery in Hong Kong’s equity market, Citigroup said on Thursday, as it raised its year-end target for the Hang Seng Index by 2 per cent to 25,000 points.
The US bank said it expected Hong Kong’s benchmark to climb to 26,000 in the first half of 2026, assuming geopolitical tensions eased and policy support remained steady.
“China faces deflationary pressures rather than inflation, so even if imported energy costs rise, the… Read More
Business – South China Morning Post
