What do AI, feng shui masters say about Hong Kong’s stock market in Year of the Snake?

A feng shui AI programme developed by Poe, a chatbot aggregator from question-and-answer platform Quora, provides another view. It says the Hang Seng Index, with the rooster as its zodiac animal, will see improving fortunes in the first four months of the Year of the Snake. May will bring overheated fire, which will lead to people making irrational decisions, followed by ascending fortunes and a smoother course for the remainder of the year.

“The snake symbolises adaptability and flexibility,” said Forest Chan, the “wand-bearer” of CLSA’s Feng Shui Index this year who is an equities analyst at the firm. “We expect a smoother path with few surprises for the Hang Seng Index”, when compared with the dramatic Year of the Dragon, he added.

The Year of the Snake begins on January 29 and ends on February 16 next year, according to the Chinese zodiac calendar. The Feng Shui Index is not a research report, CLSA said, and investors should make decisions based on fundamental analyses.