After last week’s big rally, will the Hang Seng Index keep climbing and break back above 24,000? Or will it lose momentum and pull back? Join our HSI prediction contest—guess the closing price and win Tiger Coins & exclusive Tiger gift!
📊 Market Overview
The Hang Seng Index surged over 1,000 points last week, but market sentiment is mixed heading into this week. Huatai analysts notes that February’s CPI came in lower than expected, shaking investor confidence in the short term. However, positive policy signals from the Two Sessions and improving global liquidity could help support Hong Kong stocks in the long run.
Huatai analysts expect a “tailwind phase” for Hong Kong stocks, driven by AI growth and strong earnings from tech giants.
CICC points out that HSI is still undervalued, with increasing inflows from Southbound funds providing strong support.
💡 What’s your take? Will HSI break back above 24,000 this week or not?
💰Event Details
Click to vote. Guess where $HSI(HSI)$ will move ? If you get the correct answer, you may share 1000 Tiger Coins with other Tigers.
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.
Also, the first person to correctly predict the HSI closing price in the comments will receive 5 stock vouchers.
⏰Event Duration
From March 12, 2024, to Macrh 14, 2024, at 10:00 SGT
Comments
For me, I don't think $HSI(HSI)$ will be back to 24000 this week. It consolidates between 23200-23800. Let's see!