HSBC: Hong Kong stock market is expected to maintain strong momentum in 2026.

HSBC analysts stated in a research report that Hong Kong's stock market is expected to maintain strong momentum in 2026. These analysts noted that Hong Kong stocks achieved their "best rally" since 2017, and with profit improvement, this momentum is likely to continue in 2026. They stated, "Strong support factors are now in place, and we feel more confident." HSBC analysts pointed out that a new development is that the real estate market is improving, with a 5% increase in house prices in 2025, and added that consumer spending has also rebounded in the past three months. HSBC stated, "A housing market that gradually stabilizes, restores consumer confidence, and drives consumer spending growth - this is a recipe favorable for profit growth."