HSI is confirmed to be oversold. But to recover willneed time and the covid situation to be stabilised. HK will need to rebuild its economy and improve the overall investment climate and attract more foreign talent just like what Singapore is doing. On the high inflation problem, hopefully the FED can limit its damage on equities markets
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