HONG KONG -- The Hang Seng Index will leap ahead in the Year of the Tiger and new Japanese Prime Minister Fumio Kishida will have a "smooth beginning" to his tenure, according to investment bank CLSA's Feng Shui Index report.
The tongue-in-cheek predictions for stocks and public figures put out by the Hong Kong firm each year ahead of the Lunar New Year are based on a method of divination often used in China to plan major life events like weddings and funerals, and even construction projects. Many investors use the report as a reference, according to the company.
