We’re seeing American Indices hitting ATH every week, FTSE about to hit ATH and Nikkei roaring through a cancelled recession. Yet every burst in NYSE traded Hang Seng stocks see an intra day sell off and HS is still down trending hard. What’s going on? Can we see a recovery this year? I know China’s economy is reportedly lagging but this is ridiculous From: BABA Bag Holder of mid year calls
Hong Kong just passed another national security law that criminalizes "repeatedly reposting overseas criticism online," whatever that's supposed to mean. The place is dead. No reason to invest there now if it's governed identically to mainland China, when it's such an expensive place to do business.
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It only took the Nikkei 35 years.
Well ~20 years complete for hang seng. It can potentially multibag