HSBC has raised its end-2025 targets for China’s major equity benchmarks, citing abundant liquidity as the key driver.
The bank now sees
- the Shanghai Composite (SHCOMP) at 4,000 (up from 3,700),
- the CSI 300 at 4,600 (from 4,300),
- and the Shenzhen Composite (SZCOMP) at 13,000 (from 11,500).
HSBC said ample liquidity conditions should underpin valuations and support a gradual recovery in Chinese equities.
This article was written by Eamonn Sheridan at investinglive.com.