U.S. Stocks Expected to Hit New Highs by Year-End; Hong Kong Stock Index Seen Recovering to 25,000-28,000

According to Kuang-Guang Pan, head of investment strategy and research at Fubon Bank (Hong Kong), U.S. stocks are expected to reach new highs by year-end as technology giants increase semiconductor investments to boost profitability. The Hong Kong stock market, which mirrors similar sectors as the U.S. market, is likely to follow the uptrend and stabilize, with a conservative estimate of recovering to the 25,000-28,000 level before year-end. Pan attributed the recovery to anticipated improvements in revenue, profit, and stock prices of major U.S. technology companies as market sentiment shifts.
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