Mini Program: Daily Investment Bank/Institutional View Summary
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1. Citi: Raises Hang Seng Index mid-year target to 23,800 points, end-year target to 24,500 points
Citi published a report raising the Hang Seng Index's mid-year target from 21,000 points to 23,800 points, while the end-year target was raised from 22,000 points to 24,500 points. After extending and re-rating technically, the bank removed Xiaomi Group (01810.HK) from its list of most recommended buys after the company's stock price rose.
2. Barclays: The Bank of Japan is expected to raise interest rates once every six months
Japan's Bank of Japan deliberation committee member Takeda Sho said yesterday that he supports continuing gradual interest rate hikes. Barclays expects the Bank of Japan to raise interest rates once every six months, but it also warns that the timing of interest rate hikes may be moved forward, depending on how the Trump administration views the depreciation of the yen.
"Dividend Aristocrats" Shine Bright! These High-Yield Stocks Help You Navigate the Turbulent Market of 2025
The market is expected to be very volatile in 2025, and investors may want to consider adding some dividend stocks to help stabilize market fluctuations. On Wednesday, the S&P 500 index rose and set a new high. However, concerns surrounding inflation and President Donald Trump's policies have already caused considerable market volatility this year. In January, tech stocks were also hit due to concerns over the DeepSeek AI model.
Typically, stocks with stable dividends are seen as a 'bulwark' during volatile times, as their income can cushion the impact of falling stock prices. Companies classified as 'dividend aristocrats' (those that have increased dividends for at least 25 consecutive years) are even more attractive. CNBC Pro has selected stocks that not only have a history of dividend growth but also possess upside potential for the future, based on recommendations from Wall Street analysts. The following stocks belong to the ProShares S&P 500 Dividend Aristocrats ETF (NOBL), with at least 51% of analysts giving them a buy rating and having upside potential exceeding 10%. These stocks also have a higher dividend yield than the S&P 500's 1.24%.