Hong Kong Stock Market Rally Has More Legs, UBS Says

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UBS Head of China Global Markets Thomas Fang says the recent Hong Kong rally "has more legs" but the stock market needs to be supported by strong fundamentals and policy measures. He also discusses the earnings outlook for the second quarter. Fang speaks on "Bloomberg: The China Show."
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Wait for B.A.T. earnings for tech rally.

kayjaylin
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Record numbers of businesses are closing in Hong Kong. Racism, Xenophobia, and protectionism are characteristics of Hong Kong. Foreigners are learning a lesson about investing in Hong Kong. Bangkok is a more viable place to invest in 2024. The stock market doesn't indicate the health of an economy.

worldlife
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HK stock market rally, but at what cost?

andrean
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Lol 3500 points from the bottom and now everyone wants to jump in. But that said, 22, 700 should be a realistic target for the end of the year.

ctrl-shift-run
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Hong Kong 🇭🇰, as a financial center, is finished after China introduced the repressive "National Security" laws.
- Talents have left. Businesses have closed. Millionaires have fled with their money.
- Empty office buildings can be seen all over the former prosperous British colony.

ArabicReja