---
title: "Morgan Stanley selects a list of defensive Hong Kong stocks that benefit from geopolitical crises (Table)"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/278053315.md"
description: "Morgan Stanley released a report on the Asia-Pacific region, predicting that the Hang Seng Index will reach 27,500 points by December 2026, the Hang Seng China Enterprises Index will be 9,700 points, the MSCI China Index will be 90 points, and the CSI 300 Index will be 4,840 points. At the same time, it selected defensive Hong Kong stocks that benefit from geopolitical crises, including China Tower, Bosideng, Midea, and CCB, with conditions of high dividends, low volatility, and \"overweight\" ratings"
datetime: "2026-03-06T08:07:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278053315.md)
  - [en](https://longbridge.com/en/news/278053315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278053315.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/278053315.md) | [English](https://longbridge.com/en/news/278053315.md)


# Morgan Stanley selects a list of defensive Hong Kong stocks that benefit from geopolitical crises (Table)

Morgan Stanley released a report on the Asia-Pacific region, reiterating its basic scenario forecast for the Hang Seng Index at 27,500 points by December 2026, equivalent to a projected price-to-earnings ratio of 11.5 times this year; it maintains its basic scenario forecast for the China Enterprises Index at 9,700 points by December 2026, equivalent to a projected price-to-earnings ratio of 9.8 times this year; the bank maintains its basic scenario forecast for the MSCI China Index at 90 points by December 2026, equivalent to a projected price-to-earnings ratio of 12.7 times this year; and it maintains its basic scenario forecast for the CSI 300 Index at 4,840 points by December 2026, equivalent to a projected price-to-earnings ratio of 14.4 times this year.

The bank has selected a list of defensive stocks that benefit from geopolitical crises in the Asia-Pacific region (Defensive Stocks amid Geopolitical Uncertainty), and below are the Hong Kong stocks on the list, with conditions including high dividends, low volatility, and an "Overweight" investment rating from the bank:

Stocks:

China Tower (00788.HK)

Bosideng (03998.HK)

Midea (00300.HK)

CCB (00939.HK)

BOC (03988.HK)

ICBC (01398.HK)

ABC (01288.HK)

Postal Savings Bank (01658.HK)

Sinopharm (01099.HK)

BOC Aviation (02588.HK)

Wanrun Wanxiang Life (01209.HK)

Wanrun Power (00836.HK)

Hong Kong Telecommunications-SS (06823.HK)

### 相關股票

- [Hang Seng China Enterprises Index (HSCEI.HK)](https://longbridge.com/zh-HK/quote/HSCEI.HK.md)
- [Midea Group (000333.CN)](https://longbridge.com/zh-HK/quote/000333.CN.md)
- [MIDEA GROUP (00300.HK)](https://longbridge.com/zh-HK/quote/00300.HK.md)
- [CHINA TOWER (00788.HK)](https://longbridge.com/zh-HK/quote/00788.HK.md)
- [CCB (00939.HK)](https://longbridge.com/zh-HK/quote/00939.HK.md)
- [ISHARESHSI (03115.HK)](https://longbridge.com/zh-HK/quote/03115.HK.md)
- [HSCEI ETF (02828.HK)](https://longbridge.com/zh-HK/quote/02828.HK.md)

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- [Industrial production index soars 28.51%](https://longbridge.com/zh-HK/news/277963997.md)
- [China Tower Hikes Caps on Service, Procurement Deals With Key Telcos](https://longbridge.com/zh-HK/news/261549772.md)
- [China securities regulator: global investors pay high attention to China's five-year development plan](https://longbridge.com/zh-HK/news/278055639.md)
- [China Construction Bank Plans 100 Wealth Hires in HK](https://longbridge.com/zh-HK/news/273504594.md)
- [China Tower (SEHK:788): Assessing Valuation After Recent 15% Share Price Gain](https://longbridge.com/zh-HK/news/264797920.md)