Market Overview - The Hong Kong stock market experienced its strongest opening in nearly 13 years, with the Hang Seng Index rising by 707.93 points to close at 26,338.47, marking a 2.76% increase, the best performance since January 2, 2013 [1][23][27] - The Hang Seng Tech Index performed even better, closing at 5,736.44 points, up 220.46 points, a 4% increase [2][25] Sector Performance - All sectors showed positive performance, with semiconductors, defense, software services, and home appliances leading the gains [3][28] - Notable sector performances included: - Defense and military: 7.87% - Software services: 7.78% - Home appliances: 4.18% - Steel: 3.99% [4] Key Stocks - Within the tech sector, significant gains were observed in: - Hua Hong Semiconductor and Baidu Group, both rising over 9% - NetEase up over 6% - Trip.com up over 5% - SMIC and Li Auto both up over 4% - Major companies Alibaba and Tencent both up over 4% [4][26] Analyst Predictions - Analysts noted that the strong performance of the Hong Kong market was driven by local and foreign funds, despite the absence of southbound capital [5][27] - Predictions for the Hang Seng Index in 2026 include: - DBS Bank forecasts a target of 36,500 points in a bullish scenario, representing an increase of over 10,000 points from current levels [6][29] - Morgan Stanley sets a target of 34,700 points, with a projected P/E ratio of 13.4 times [7][30] - UBS anticipates a target of 30,000 points, driven by continued positive factors from 2025 [8][31] - HSBC predicts the index will reach 31,000 points, indicating a potential increase of about 21% [11][33] Investment Strategies - Analysts suggest a shift from "single-sided bets" to "balanced allocation" in investment strategies for 2026, focusing on AI hardware and high-dividend assets [12][34] - Key investment themes include: - Growth sectors such as AI applications, semiconductors, military technology, and innovative pharmaceuticals [15][37] - Dividend assets including insurance, utilities, and quality bank stocks [16][38] - Value discovery in traditional industry leaders like steel and machinery [17][39] Market Sentiment - The overall sentiment for the Hong Kong stock market remains optimistic, with expectations of continued upward trends supported by favorable domestic and international policies [21][43] - The market is expected to experience a second round of valuation recovery, driven by internal and external factors [18][40]
港股创近13年来最强开局！十大顶流机构抢先预判 恒指有望再涨10000点？
Xin Lang Cai Jing·2026-01-02 14:44