HSTECH craters 3%+ as short selling picks up in a low-volume market

BrianTycangco鄭彥渊
04-17

Hate to be the bearer of bad news. Hang Seng Tech Index $HSTECH(HSTECH)$ craters 3%+ as short selling picks up in a low-volume market.

The consistent lack of follow-through in policy and implementation to stimulate CN economy in the face of deflationary pressures = no strong buying support.

$TENCENT(00700)$ $Alibaba(09988)$ $MEITUAN-W(03690)$ $NTES-S(09999)$ $XIAOMI-W(01810)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TRIP.COM-S(09961)$ $LI AUTO-W(02015)$ $KUAISHOU-W(01024)$

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https://twitter.com/BrianTycangco/status/1780132981719580908

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  • BernardLL
    ·04-17
    As long as FED keeps rates high, theres will be very little buying in
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  • BecauseOfYou
    ·04-17
    But no worries, these things happen in the market, right?
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