Futu 2026 Market Outlook: Flexible and Diversified Investment Strategies for a New Global Economic Normal

(Hong Kong, December 9, 2025) Today, Futu Securities International (Hong Kong) Limited ("Futu"), a leading tech broker in Hong Kong, held its annual investment strategy sharing session. At the event, Arnold Tam, Chief Analyst at Futu Securities, Joe Yu, Executive Director of Institutional and Private Wealth Services at Futu Securities, and Daniel Tse, Managing Director at Futu Securities, shared forward-looking insights and investment strategies across multiple market hot topics. They anticipate increased market volatility next year, alongside a shift from this year’s “single-theme strategy” toward a more “multi-polar strategy”. Investors are advised to remain flexible and diversify across asset classes and income streams to mitigate risk effectively and capture a broader range of emerging opportunities.

Capital inflows boost active trading in Hong Kong market; momentum expected to continue in 2026

Amid major global economic uncertainty, in 2025, Hong Kong stocks — especially the Hang Seng Index and Hang Seng Tech Index — performed strongly, outpacing several major global benchmarks. The sharp increase in trading volumes signals substantial capital inflows. The outlook remains positive, with expectations of continued stable growth in 2026.

Arnold Tam, Chief Analyst at Futu Securities, said “The Hong Kong market has demonstrated robust activity this year, with the Hang Seng Index posting notable gains. Commodities such as gold and silver also demonstrating resilience. Despite challenges headwinds including interest rate volatility, the Fed’s rate-cutting cycle, and rising HIBOR, we remain optimistic about the market in 2026. Hong Kong’s IPO market has experienced a significant revival this year, with several large listings drawing interest and lifting overall market performance. Looking ahead, supported by valuation adjustments and growth momentum in the technology sector, we project the Hang Seng Index to reach 31,000 by 2026; in a more positive scenario — if the macro environment improves and corporate earnings continue to grow — the index could potentially climb up to 34,000.”

AI and biotech to dominate U.S. market focus in 2026; optimism persists for major crypto assets

Despite the U.S. market experienced volatility this year due to external factors such as Fed's rate decreasing decision, tariff uncertainties, and geopolitics, overall performance remained resilient.

Joe Yu, Executive Director of Institutional and Private Wealth Services at Futu Securities, noted, “In the first half of 2025, the U.S. market saw a notable correction amid tariff and policy uncertainty, but sentiment stabilized in the second half as the Fed initiated preemptive rate cuts. AI and biotechnology sectors are spotlights for investors this year and are expected to remain favored next year.”

On digital assets, Yu added that the U.S. government’s mid-year “CLARITY Act” established a clear regulatory framework for cryptocurrencies, enhancing market development. “The act encourages participation of traditional financial institutions and major asset managers, substantially improving market liquidity. We have observed that mainstream crypto assets such as Bitcoin and Ethereum have demonstrated relative resilience even during market downturns. With the U.S. rate-cut cycle taking shape, Bitcoin could resume an uptrend and becoming a key asset for diversified portfolios.”

Futu enables investors navigate diverse opportunities with agility in a rapidly evolving market

Daniel Tse, Managing Director at Futu Securities, said: “The global financial landscape remains uncertain next year, driving investors towards more flexible and diversified investment approaches that allow dynamic strategy adjustments. As Hong Kong’s leading tech broker, Futu remains committed to offering a comprehensive range of financial products and services that help investors stay aligned with market trends and capture emerging opportunities, especially amid the rapidly changing global economy and market conditions. As a pioneer in the industry, Futu understands investors’ needs and market trends, continuously expanding its product portfolio, optimizing services, and advancing intelligent investment tools to support investors in achieving capital growth and diversified income.”