GO
| HSI1 | 25,413.76 | -237.11 | 91.09B |
| HSCEI1 | 8,434.25 | -120.78 | 21.42B |
| Back Zoom + Zoom - Block Traded | |
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2026-09-04 12:41:24 In view of account deteriorating macro, tighter liquidity and capital flow outlook, paired with market concerns over the government's enhanced regulation on capital flows and wealth management, Morgan Stanley has comprehensively lowered target levels for multiple Mainland China and Hong Kong stock indices under its new base case. The broker trimmed its HSI target for end-June 2027 to 26,550 from 28,400 set in May. The HSCEI target was also lowered from 9,900 to 8,900. The MSCI China Index target was reduced from 91 to 80, while the CSI 300 Index target was cut from 5,400 to 4,880. These revisions reflected a slowdown in macro and earnings recovery, the completion of the repair of extremely light positioning, tighter liquidity resulting from Hong Kong IPO supply and lock-up share expiries, expectations for a more hawkish Federal Reserve, and tighter Mainland official controls on capital flows YTD. Morgan Stanley believed that further progress in AI and LLM benefiting Hong Kong-listed companies, potential improvement in China-US relations, and improved prospects for additional policy easing could become drivers for its bullish view. ~ AASTOCKS Financial News Website: www.aastocks.com | |