$HSI(HSI)$ On July 10, 2024, Citi forecasted that the Hang Seng Index (HSI) would reach 20,500 by the end of the year, when it was around 17,400. This actually was quite accurate.
Fast forward to today, and Citibank (Hong Kong) has maintained its mid-year target of 26,000 for the HSI in 2025, with a year-end target of 28,000. It will be interesting to see whether the bull or bear takes control in the upcoming Snake Year.
... as long as the HMPV issue doesn't escalate.
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