Hang Seng Index Sees “Policy Bottom” as Tech Companies Rebound Strongly - DailyFX
3/16/2022 12:00:00 AM3 years 1 month ago
by Margaret Yang, CFA
by Margaret Yang, CFA
Hong Kong’s Hang Seng Index (HSI) may see a “policy bottom” after Chinese policymakers pledged to support the market. Strong positive signals boosted confidence, paving the way for further gains.
- HSI registered a two-day gain of 14% after China’s state council vowed to support the stock market
- The index fell the most since the 2008 global financial crisis during the first half… [+3364 chars] full article...