• 11/29/2024

Hong Kong stocks: lack of earnings momentum risks derailing sentiment-driven rebound, analysts say

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Chinese state intervention has tentatively put a floor under stocks, but corporate earnings show little sign of providing upwards momentum as pressure is building for investors to pocket profits from the decent gains the market has made.

https://www.scmp.com/business/china-business/article/3257428/hong-kong-stocks-lack-earnings-momentum-risks-derailing-sentiment-driven-rebound-analysts-say?utm_source=rss_feed