Hong Kong Equities Likely Weighed by Prolonged Conflict -- Market Talk

Dow Jones04-03

0607 GMT - Hong Kong equities' valuations and earnings are likely to be weighed by a prolonged Middle East conflict, say DBS Group Research's Moxy Ying and Vanessa Lee in a note. The analysts expect valuations to be dragged by tighter financial conditions, cutting their valuation target for the benchmark Hang Seng Index to 12.4X from 13X. Tighter conditions could be potentially due to a delay in Federal Reserve interest-rate cuts to counter inflation, they say.Still, the analysts maintain a somewhat upbeat stance on equities listed in the city given China's relative resilience during supply disruptions. DBS cuts its Hang Seng Index target to 28000 from 30000. The Hang Seng Index last closed at 25116.53. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

April 03, 2026 02:07 ET (06:07 GMT)

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Tighter conditions could be potentially due to a delay in Federal Reserve interest-rate cuts to counter inflation, they say.Still, the analysts maintain a somewhat upbeat stance on equities listed in the city given China's relative resilience during supply disruptions. DBS cuts its <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index target to 28000 from 30000. The Hang Seng Index last closed at 25116.53. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2026 02:07 ET (06:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Equities Likely Weighed by Prolonged Conflict -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Equities Likely Weighed by Prolonged Conflict -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-03 14:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0607 GMT - Hong Kong equities' valuations and earnings are likely to be weighed by a prolonged Middle East conflict, say DBS Group Research's Moxy Ying and Vanessa Lee in a note. The analysts expect valuations to be dragged by tighter financial conditions, cutting their valuation target for the benchmark <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Index to 12.4X from 13X. Tighter conditions could be potentially due to a delay in Federal Reserve interest-rate cuts to counter inflation, they say.Still, the analysts maintain a somewhat upbeat stance on equities listed in the city given China's relative resilience during supply disruptions. DBS cuts its <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index target to 28000 from 30000. The Hang Seng Index last closed at 25116.53. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2026 02:07 ET (06:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014484.SGD","symbol_name":"Nikko AM ASEAN Equity Fund A SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624863082","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624863082","pubTimestamp":1775196420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0607 GMT - Hong Kong equities' valuations and earnings are likely to be weighed by a prolonged Middle East conflict, say DBS Group Research's Moxy Ying and Vanessa Lee in a note. 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Hong Kong equities' valuations and earnings are likely to be weighed by a prolonged Middle East conflict, say DBS Group Research's Moxy Ying and Vanessa Lee in a note. The analysts expect valuations to be dragged by tighter financial conditions, cutting their valuation target for the benchmark Hang Seng Index to 12.4X from 13X. Tighter conditions could be potentially due to a delay in Federal Reserve interest-rate cuts to counter inflation, they say.Still, the analysts maintain a somewhat upbeat stance on equities listed in the city given China's relative resilience during supply disruptions. DBS cuts its Hang Seng Index target to 28000 from 30000. The Hang Seng Index last closed at 25116.53. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2026 02:07 ET (06:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2624863082","isCrawlerRequest":true}