Bond Asset Management's Liang Jiang: Hang Seng Index has less than 10% room to fall, bullish on 6 stocks

Liang Jiang, chief investment officer of Bond Asset Management, forecasts that US interest rate hike pressure will persist at least until the first quarter of next year, during which the Hang Seng Index will be easier to fall than rise, but with no more than 10% room for further decline. The Hang Seng Index fell 537 points or 2.19% last week, falling for four consecutive weeks with a cumulative drop of 1,678 points or 6.54%. He is bullish on Tencent, Midea, Shenhua, Fuyao Glass, as well as Luxshare Precision and Sunny Optical, which benefit from the hot sales of the iPhone 18.