China stock traders new mantra is enjoy the rally while it Lasts thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
With state funds seen drumming up the market while the economy faces persistent headwinds, the rally may well be on borrowed time. Yet with depressed valuations and light positioning among global and local money m
Thirty local brokerages have closed down this year, after a record 49 shut shop in 2022, as the Hong Kong stock market heads into its fourth year of declines, the longest losing streak in its history.
The prolonged Hong Kong stock market slump is the reflection of a persistent slowdown in the economy. The historic slow growth in Hong Kong’s $4.6 trillion stock market has forced thirty local brokerages to close down this year