The Hong Kong 33 CFD Index (proxy for Hang Seng futures) fulfilled its bullish run from 13–25 Aug, peaking at 25,946 before entering a brief -4.3% correction. With fundamentals improving, China’s EPS growth recovering, and PMIs back in expansion, deflation risks have eased, supporting equities. Technically, a fresh bullish phase may be underway above 24,880 support, with upside targets at 25,690–26,120.
05-09-2025 06:52 GMT
by Kelvin Wong