Hong Kong Stock Market Barometer | HSI Rebounds with Increased Volume, Testing 26,000 Points Amid Improved Market Sentiment Driven by Policy Benefits

① The Hang Seng Index rebounded strongly, testing the 26,000-point level. What are the key hot topics driving this movement? ② With favorable policy measures in place and risk appetite improving, which directions are funds flowing toward?

cls.cnDec 12 08:45 ET

Hong Kong Stocks Close (12.12) | Hang Seng Index Gains 1.75%; Strong Performance in Power Equipment Stocks; Notable Showings by Non-Ferrous Metals and Financial Shares

The Central Economic Work Conference sent a strong signal, prompting a robust rebound in Hong Kong's three major indexes today. The Hang Seng Index briefly reclaimed the 26,000-point level, while the Hang Seng Tech Index surged over 2% at one point.

Zhitong FinanceDec 12 03:42 ET

Industrial Securities: Maintains confidence in new order sales for 2026 and remains strongly optimistic about investment opportunities in the insurance sector.

The insurance sector will continue to drive and reinforce the systematic revaluation of value in 2026. The core rationale lies in the stabilization and improvement of interest rate spreads, coupled with the rapid expansion of investment asset scale, which will boost the overall profitability baseline.

Zhitong FinanceDec 11 21:37 ET

UBS Group: Predicts Hong Kong's IPO fundraising scale will reclaim the global top spot this year, with proceeds exceeding HKD 300 billion next year.

Lawrence Lee, Vice Chairman of UBS Group's Global Investment Banking Division and Co-Head of its Asia Corporate Client Business, stated that the funds raised in Hong Kong's IPO market this year have already reached 2.1 times the total amount for the whole of 2024. He anticipates that the Hong Kong Stock Exchange will regain its position as the top IPO fundraising venue in 2025, with an estimated IPO fundraising volume exceeding HKD 300 billion next year.

Zhitong FinanceDec 11 02:36 ET

Guosheng Securities: The insurance industry has shown significant phased excess returns, and we are optimistic about the sector's allocation value.

In the short term, insurance companies' performance in the 'opening red' campaign is proceeding smoothly, which is expected to boost liability-side performance in 2026.

Zhitong FinanceDec 10 22:02 ET

With the adjustment of investment risk factors, Ping An is worth considering.

Last week, the Hang Seng Index continued to consolidate within a narrow range, with only a few sectors regaining upward momentum—particularly the non-ferrous metals sector, which the author discussed with readers in August. Among the mentioned companies, CMOC Group (3993.HK), which specializes in the extraction and trading of global base metals (such as copper, cobalt, and molybdenum) and critical minerals, has already reached a new high. The robust performance of non-ferrous metals is attributed not only to strong industrial demand but also to expectations that the Federal Reserve will continue to cut interest rates in December. Given that inflation remains moderately elevated, the continuation of accommodative monetary policies makes inflation-hedging assets like non-ferrous metals inevitably favored by the market. Additionally, the insurance sector experienced a sudden surge.

HK MoneyClubDec 10 01:54 ET