Three major line of the second half of Hong Kong equities see 20,000 points

Three brokerages yesterday unanimously optimistic about the second half of Hong Kong equities performance. Everbright Securities to increase the target price of the index to 20,000 points.　　ing and Sun Hung Kai Finance both said it was possible to see 21,000 points during the year. Hong Kong media reported that the Everbright Securities Research Department issued a report yesterday to increase the Hang Seng index target from 17,800 to 20,000 points.　　Tang Yu, deputy director of the company, said the mainland's economic growth is expected to reach 8.5%, plus the 2nd quarter earnings are expected to resume growth, and the market liquidity is abundant, so the stock market has an upward bias.　　He is particularly bullish on the mainland banking sector, as the net interest rate narrowing has been more moderate, non-performing loans have not been formed, and loans in the first half of the year have increased by days, so earnings are expected to be better than expected.　　ING: investor sentiment means several times up and Ing yesterday released the 2nd-quarter "ing investor dashboard sentiment Index", the sentiment index of Hong Kong rose 1 time-fold, from 58 in the last quarter to 125 in the 2nd quarter, to a decline of 4 consecutive quarters, from "pessimistic" to "optimistic". Liang Jianhui, ING senior investment manager, said the index was largely a result of Hong Kong equities and global investors were beginning to be confident of China's "eight" target, with the index expected to linger at 16000 to 21,000 at the end of the year, and the second half to the company's performance.　　Senior investment manager Zhao Hanlong said that the second half of the bank, insurance and domestic demand shares will strengthen, can be overweight, avoid large investment in export stocks, such as shipping and daily necessities. Bullish on domestic demand for shares in the bank, Sun Hung Kai Financial forecasts, the index will reach 21,000 at the end of this year, the state-owned enterprises indices reached 12,800 points. Peng Wei-wen, a securities strategist, said that the industry would benefit from the mainland's banking, steel, resources and power shares, as the mainland stimulates the economy and has a large-scale business.　　But Hong Kong's stock rally is weaker, especially as banks and retail stocks run out of the big market. They refer to the Hong Kong and mainland stock markets, which are in the second half of the consolidation period, the consumer and employment market will improve and the mainland's banking and industrial stocks can be revived next year. For gold, they think the gold price will fall in the second half of the year, testing 850 dollars per ounce.