
CITIC BANK Strategy Meeting: US stocks are expected to continue rising next year, A-shares have profit opportunities, and long-term government bond yields may rise

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CITIC BANK's Wealth Management Department held an investment strategy meeting on December 19 to analyze the trends of U.S. stocks, A-shares, and gold for next year. It is expected that U.S. stocks have a 30%-40% upside potential, A-shares present profit opportunities with reasonable valuations, and corporate earnings are expected to improve next year. Rising U.S. dollar interest rates may suppress gold demand, and gold supply will face volatility. Hong Kong stocks are undervalued, but future performance needs to pay attention to market thawing conditions
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