Mainland Chinese and Hong Kong stocks face bumpy fourth quarter as risks mount
Analysts say weak stimulus, Fed tightening, and shifting AI sentiment may keep mainland and Hong Kong equities under pressure as markets consolidate through the rest of the year.
Brokerages including Zheshang Securities and CCB International forecast the Hang Seng Index to trade between 22,500 and 26,000 over the next three months, with risks skewed to the downside; the benchmark closed the third quarter at 24,613.27.
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