TechFlow, Sept 29 — According to Jinshi Data, HSBC Global Research forecasts that by 2026, the Shanghai Composite Index will reach 4,500 points, the CSI 300 Index will hit 5,400 points, and the Shenzhen Component Index will climb to 16,000 points, representing gains of 17-20%.
HSBC's optimism rests on three assumptions: no economic recession in the United States; sustained capital spending related to artificial intelligence; and continued interest rate cuts by the Federal Reserve. HSBC expects corporate earnings to rebound in 2026, led by electronic components, with ample liquidity providing further support.




