HSBC Global Research projects the Shanghai Composite at 4,500, the CSI 300 at 5,400, and the Shenzhen Component at 16,000 by 2026, suggesting gains of 17–20%.
The bank’s optimism rests on three assumptions:
- no U.S. recession,
- sustained AI-related capital expenditure,
- and ongoing Federal Reserve rate cuts.
HSBC expects corporate earnings to rebound in 2026, led by electronic components, with ample liquidity providing further support.
This article was written by Eamonn Sheridan at investinglive.com.