Core Viewpoint - Singapore Bank's strategist, Huo Huimin, has assigned an "overweight" rating to the Hong Kong and mainland stock markets, with a target of 28,800 points for the next 12 months. The outlook for US stocks is neutral, with a target of 7,000 points for the S&P 500 index [1] Group 1: Market Outlook - The Hong Kong stock market's performance last year was primarily driven by valuation normalization, and an improvement in earnings is expected to provide upward momentum this year [1] - The bank anticipates that the new Federal Reserve chair in 2026 may adopt a more dovish stance, which could lead to a weaker US dollar [1] Group 2: Investment Strategy - The bank is optimistic about the AI sector and plans to implement a barbell strategy to balance market uncertainties and volatility, including allocations to high-yield stocks [1] - The demand for safe-haven assets like gold is expected to remain strong due to US tariff policies and geopolitical tensions, with international gold prices projected to rise to $4,800 within the year [1]
新加坡银行：未来12个月恒指目标28800点 预计年内国际金价有望升至4800美元
Zhi Tong Cai Jing·2026-01-13 10:52