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JPMorgan sees Hong Kong stock rally extending to 2026, but cautions on headwinds

✍️ Yulu Ao 📅 October 27, 2025 08:30 AM 🕐 Scraped: October 27, 2025

Summary: The MSCI Hong Kong Index, which is up 26 per cent this year, is likely to gain 8 to 25 per cent from current levels in 2026, the bank says.

Hong Kong’s stock market rally is showing resilience, with JPMorgan Chase expecting the run to extend into 2026, yet its durability could be tested by rising interbank rates, commercial property risks and US-China tensions.

The MSCI Hong Kong Index (MX

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Author

Yulu Ao

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🌍 South China Morning Post

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Published Date

October 27, 2025 at 08:30 AM

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