Year of Rabbit investors can have carrot and eat it: CLSA

CLSA expects the Chinese Year of the Rabbit to reward Hong Kong investors with plenty of carrots, provided they remain patient in what is likely to be a series of “hop-and-stop” moments.

Publishing its 17th tongue-in-cheek Feng Shui Index report on expectations for the new cycle, which follows on from the Year of the Tiger on February 2, CLSA Asia-Pacific Markets forecasts a healthy dose of luck and material gain for Hong Kong stock market investors.

But, with a continuation of last year’s conflict between heavenly metal stem and earthly wood branch, Francis Chueng, head of China-Hong Kong strategy, and analyst Phillip Chow stress the need for self-discipline to stomach likely volatility.