
Zhang Yidong: Hold on with Hengke for now, it's not the time to actively buy. First buy hard assets in Hong Kong stocks, then buy consumer goods

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Zhang Yidong, Chief Economist at Haitong International Securities, stated in The Paper that the global market will face complex changes in 2026, particularly due to the uncertainties brought by AI technology. He believes that the Hong Kong stock market is currently not suitable for aggressive buying and suggests focusing on the recovery of the Chinese economy, prioritizing investments in hard assets. Regarding A-shares, Zhang Yidong is optimistic about their trend, believing they will steadily rise in the future with reduced volatility
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