Lui Chi-Hoi Expects Hang Seng Index to Rebound to 25,000 Points by Year-End
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On 26 October 2026, Ming Pao Daily Economic published an interview with Lui Chi-Hoi, chief investment officer of Amber Global Financial Group. Lui Chi-Hoi said the Hang Seng Index's current valuation is no longer expensive and he expects it will not fall sharply again; if external market conditions remain stable, he does not rule out the index rebounding to 25,000 points by the end of this year. He noted that the purchasing managers' index (PMI), a leading indicator, has performed well in recent months, signalling that mainland manufacturing will continue to perform well in the coming months. The report also mentioned that last week Alibaba and Tencent fell 10.11 per cent and 7.61 per cent respectively, dragging the Hang Seng Index down 1,093 points, or 4.52 per cent, to close at 23,093 points.
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- 明報·每日經濟Amber Global's Lei Zhihai: Hang Seng Index May Rebound to 25,000 Points by Year-End
Lei Zhihai, chief investment director of Amber Global Financial Group, said in an interview that the Hang Seng Index's valuation at current levels is no longer expensive and is expected not to fall sharply again; if external market conditions remain stable, the index may rebound to 25,000 points by the end of this year. He noted that the purchasing managers' index (PMI), a leading indicator, has performed well in recent months, signalling that mainland manufacturing will continue to perform well in the coming months. Last week Alibaba and Tencent fell 10.11 per cent and 7.61 per cent respectively, dragging the Hang Seng Index down 1,093 points, or 4.52 per cent, to close at 23,093 points.
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