On September 11, HSBC released its global investment outlook for the fourth quarter of 2026. Kuang Zheng, Asia's chief investment director of HSBC Private Banking and Excellent Wealth Management, said that although the global market has recently been tested by multiple pressures such as geopolitical conflicts, supply chain blockages, soaring oil prices, and concerns about inflation, strong corporate profits and steady economic activity are still driving the stock market higher. Among them, artificial intelligence continues to play a key role. He believes that looking ahead to the fourth quarter of 2026, this polarized situation will continue: artificial intelligence continues to be an important driver of market optimism, but the main risks are still high — the situation in the Middle East has not been resolved, the inflation outlook is variable, and the US midterm elections are imminent. Given that the global economy and corporate fundamentals are more stable than what the market generally expects, favorable factors still dominate.

On September 11, HSBC released its global investment outlook for the fourth quarter of 2026. Kuang Zheng, Asia's chief investment director of HSBC Private Banking and Excellent Wealth Management, said that although the global market has recently been tested by multiple pressures such as geopolitical conflicts, supply chain blockages, soaring oil prices, and concerns about inflation, strong corporate profits and steady economic activity are still driving the stock market higher. Among them, artificial intelligence continues to play a key role. He believes that looking ahead to the fourth quarter of 2026, this polarized situation will continue: artificial intelligence continues to be an important driver of market optimism, but the main risks are still high — the situation in the Middle East has not been resolved, the inflation outlook is variable, and the US midterm elections are imminent. Given that the global economy and corporate fundamentals are more stable than what the market generally expects, favorable factors still dominate.