UBS is raising its target for the Hang Seng Index by 7% to 22,100 points this year, believing that the market has more upside potential, mainly due to interest rate cuts, a weaker US dollar, and policy stimulus. UBS maintains a barbell strategy, preferring defensive high-yield stocks and travel-related stocks, while slightly raising MSCI Hong Kong by 1% to 9,600. Recommended stocks include PCCW, Cathay Pacific, BOC Aviation, Henderson Land, Sands China, Galaxy Entertainment, and AIA
港股持續急升，瑞銀將恒指今年目標上調 7% 至 22100 點，認為隨着利率下降、美元走弱、中國政策刺激力度超預期及盈利預期上調，市場還有更多上行空間。選股方面，該行維持槓鈴策略 (barbell approach)，偏好防禦性高收益股票和與內地宏觀相比 beta 系數高的旅遊相關股票。另外，瑞銀同時將 MSCI 香港 (美元) 小幅上調 1% 至 9600。
瑞銀的推薦名單，包括電訊盈科 (008)、國泰 (293)、中銀航空租賃 (2588)、恒地 (012)、金沙中國 (1928)、銀娛 (027) 及友邦保險 (1299)。