0429 GMT - Hong Kong's stock market is likely to maintain strong momentum in 2026, according to HSBC analysts in a research note. The market "enjoyed its best rally" since 2017 and this is likely to continue in 2026 as earnings improve, the analysts say. "With strong anchors now firmly in place, we feel more confident," they say. One emerging aspect is the property market that is turning around, with home prices having grown by 5% in 2025, HSBC analysts note, adding that consumer spending has also recovered in the past three months. "A gradually stabilising residential market that restores consumer confidence and drives up consumer spending--and it's a recipe that's supportive for earnings growth," HSBC says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
January 25, 2026 23:29 ET (04:29 GMT)
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