HSBC has raised its year-end target for the Shanghai Composite Index to 4,000 points, citing abundant liquidity.

HSBC has raised its year-end target for the Shanghai Composite Index from 3,700 points to 4,000 points, for the CSI 300 Index from 4,300 points to 4,600 points, and for the Shenzhen Component Index from 11,500 points to 13,000 points.