Anti-government protesters set fire to the toll gates of the Cross-Harbour Tunnel, on November 14. The months-long violence is likely to affect Hong Kong stock market’s fortunes next year. Photo: AP Photo

Hang Seng Index to underperform China-linked equity benchmarks next year: Morgan Stanley

  • Hang Seng Index will probably end 2020 at 27,500, representing a 1.5 per cent gain from the current level, Morgan Stanley says
  • Morgan Stanley cuts the rating on Chinese onshore stocks, citing slower pace of foreign buying and less appealing valuation
Topic |   Hang Seng Index
Anti-government protesters set fire to the toll gates of the Cross-Harbour Tunnel, on November 14. The months-long violence is likely to affect Hong Kong stock market’s fortunes next year. Photo: AP Photo
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