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Hong Kong Stocks Rally 3.5% Last Week; Standard Chartered Sees Momentum Continuing, Sets 12-Month Hang Seng Target of 25,500–26,500

GateNews
IndicesStocks
HK50-0.42%
HSCHKD-0.03%
According to Standard Chartered, Hong Kong stocks rallied 3.5% last week. Zheng Zifeng, Standard Chartered's North Asia investment director, expects the rebound to have sustained momentum as global investment flows rotate toward Hong Kong equities. The bank has set a 12-month Hang Seng Index target of 25,500–26,500 points. Zheng recommends balanced positioning in technology stocks, including selective AI exposure and dividend-paying blue-chip platform stocks yielding over 7 percent.
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