--- title: "Dah Sing Bank: Optimistic about US stocks and some Asian stock markets, the AI industry remains a major engine driving the stock market" type: "News" locale: "en" url: "https://longbridge.com/en/news/271641566.md" description: "Dah Sing Bank is optimistic about the US stock market and certain Asian stock markets, believing that the artificial intelligence industry is a major driving force for the stock market. It is expected that global stock markets will continue to deliver strong returns by 2026, especially in the Greater China and South Korean markets. Despite the weakening of the US dollar, investors need to pay attention to the earnings performance of artificial intelligence companies and the impact of various countries' fiscal conditions on the investment landscape. Dah Sing holds a neutral view on sovereign bonds and investment-grade corporate bonds, with short-term bonds likely to outperform long-term bonds" datetime: "2026-01-06T11:10:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271641566.md) - [en](https://longbridge.com/en/news/271641566.md) - [zh-HK](https://longbridge.com/zh-HK/news/271641566.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/271641566.md) | [繁體中文](https://longbridge.com/zh-HK/news/271641566.md) # Dah Sing Bank: Optimistic about US stocks and some Asian stock markets, the AI industry remains a major engine driving the stock market According to the Zhitong Finance APP, on January 6th, Dah Sing Bank's Economic Research and Investment Strategy Department released the Market Navigation for the first quarter of 2026, indicating that global stock markets recorded strong returns of nearly 20% for the third consecutive year. The weakening of the US dollar, along with significant improvements in stock markets in Greater China and South Korea, has driven Asian and emerging markets up by about 30%, outperforming mature markets. Dah Sing pointed out that it remains optimistic about the performance of US stocks and other Asian markets outside of mainland China and Hong Kong. The development of industries related to artificial intelligence continues to be the main engine driving the stock market. Leading technology companies in the United States, Taiwan, and South Korea remain ahead in technologies such as semiconductors and have sufficient moats to fend off competition. The competition among artificial intelligence companies is accelerating, and corporate capital expenditures are becoming more rational. Investors need to be cautious about whether the earnings performance of artificial intelligence companies can continue to meet the market's optimistic expectations. Dah Sing stated that looking ahead to 2026, the direction of the US dollar and fiscal concerns in various countries may influence the overall investment landscape. The path to declining inflation in the United States still faces obstacles, and there is significant divergence among Federal Reserve officials regarding the outlook for interest rate cuts, with no clear direction for the US dollar. Additionally, the fiscal conditions of mature countries such as the United States, Japan, the United Kingdom, and France have drawn market attention. If the situation does not improve, fiscal deficits and debt issues may push up long-term bond yields. Dah Sing maintains a neutral view on sovereign bonds and investment-grade corporate bonds, anticipating that short-term bonds may perform better than long-term bonds. For global stocks, which are currently highly valued, fiscal deficit issues also pose another risk that cannot be ignored. Dah Sing indicated that potential further interest rate cuts in the United States, a stronger trend for the renminbi, and progress in artificial intelligence models and applications, along with increased central support for the technology industry, will provide support for mainland A-shares and the Hong Kong stock market ### Related Stocks - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research - [PatentVest Highlights New Legal Article on AI Patenting Strategy by Senior Patent Attorney Sarah Cork | MDBH Stock News](https://longbridge.com/en/news/281043775.md) - [Better AI Growth Buy: Broadcom vs Oracle](https://longbridge.com/en/news/280991180.md) - [France's Mistral raises $830 million in debt for AI data centre build-up](https://longbridge.com/en/news/280962362.md) - [Lebanon's sovereign bonds in biggest daily drops since 2022 - Tradeweb](https://longbridge.com/en/news/281043244.md) - [Hansoh Pharmaceutical Group (SEHK:3692) Net Margin Strength Backs Bullish Narratives](https://longbridge.com/en/news/281032561.md)