Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Hong Kong stocks to resume rally on Beijing support, analysts say =============== ...

Hong Kong stocks to resume rally on Beijing support, analysts say
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#133aea61 ver:1.35

Analysts expect Hong Kong stocks to resume their rally with support from Beijing. The recent market correction has created opportunities, and a potential rate cut from the US Federal Reserve and upcoming policy measures from Beijing's third plenum could boost sentiment. Societe Generale is positive on China, citing cheap valuations and hopes of policy support. The buying of Hong Kong ETFs by Chinese state-run funds reinforces expectations of policy support. However, there are risks of stimulus measures falling short and the property crisis impacting money managers. Overall, a rebound in Hong Kong stocks is anticipated in the second half of 2024. #HongKongStocks #BeijingSupport #MarketRally...

#newstr #HongKongStocks #BeijingSupport #RateCut #ConfidenceliftingMeasures #Correction #ForeignInvestors #HangSengIndex #SocieteGenerale #CheapValuations #PolicySupport #ThirdPlenum #NationalTeam #SouthboundInvestors #PropertyCrisis #StimulusMeasures #Rebound

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