Chen Guo: June 2026 Marks a Historic Low for the Hang Seng Tech Index

Deep News07-08 14:23

On July 8th, Chen Guo, Deputy Director of the Research Institute and Chief Strategist at Eastmoney Securities, stated that recent investment strategies among Asia-Pacific funds involve reducing exposure to Korean memory stocks while increasing holdings in the Hang Seng Tech Index. He noted that a downturn in the Korean memory sector does not necessarily imply a corresponding decline for global technology stocks, emphasizing that the Hang Seng Tech Index is also a component of the broader technology landscape.

He further expressed that June 2026 represents a historic low point for the Hang Seng Tech Index.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment