People look at decorations for sale in Hong Kong on January 12, 2023 ahead of the Year of the Rabbit, which begins on January 22. Photo: AFP
People look at decorations for sale in Hong Kong on January 12, 2023 ahead of the Year of the Rabbit, which begins on January 22. Photo: AFP

Feng Shui Index: Year of the Rabbit signals calmer Hong Kong stock market as CLSA sees three setbacks before November surge

  • Stocks are expected to hop higher in a calmer setting in the Year of the Rabbit, but investors may see losses in March, August and October
  • Telecom and internet, oil and gas, and semiconductors are top sector picks, according to the brokerage’s annual tongue-in-cheek predictions

People look at decorations for sale in Hong Kong on January 12, 2023 ahead of the Year of the Rabbit, which begins on January 22. Photo: AFP
People look at decorations for sale in Hong Kong on January 12, 2023 ahead of the Year of the Rabbit, which begins on January 22. Photo: AFP
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