Citigroup predicts 16 per cent upside in Hang Seng Index as corporate earnings, China vaccine progress revive market confidence

• Hang Seng Index could climb by 16 per cent from current levels in the second half as policy stimulus aids earnings recovery, better vaccines ease lockdown risks
• Stocks have regained footing since sliding to a six-year low on March 15 on bets the worst of crackdown, lockdowns are past