AUDITED ACCOUNTS AS AT 31 DECEMBER 2025
Global Equities Roundup: Market Talk
Nikkei Mildly Bullish; Hang Seng Most Bearish -- Market Talk
Trump's remarks on imposing a 100% tariff have spooked the Chinese market! China's stock market plunges amid fears of a renewed U.S.-China trade war.
Amid growing concerns among investors over a potential resurgence of the U.S.-China trade war, China's stock market plummeted in early trading on Monday, while bond futures rose. The Hang Seng China Enterprises Index dropped as much as 2.4% on Monday, while the mainland benchmark CSI 300 Index fell as much as 2.7%.
UNAUDITED SEMI-ANNUAL ACCOUNTS AS AT 30 JUNE 2025
Goldman Sachs has raised its 12-month target for the CSI 300 Index to 4,900 points, while Morgan Stanley warns of signs of market overheating.
Goldman Sachs has raised its 12-month target for the CSI 300 Index from 4,500 points to 4,900 points. Although there is pressure for profit-taking in the short term, the upward momentum remains supported. However, Morgan Stanley adopts a more cautious stance, noting that signs of market overheating are emerging. They emphasize the need for timely follow-up on improvements in corporate fundamentals and increased policy support, arguing that the sustainability of the stock market rebound is still hindered by fundamentals and long-term macro growth prospects. The CSI 300 Index closed up 0.58% at 4,489 points today (the 29th), with a cumulative increase of approximately 10.2% this month. Earlier this month, HSBC analysts forecasted