Hang Seng Index nears golden cross as Meituan, Lenovo, Alibaba stocks jump
1 Articles
1 Articles
Hang Seng Index nears golden cross as Meituan, Lenovo, Alibaba stocks jump
The Hang Seng Index has rebounded, moving from the June low of 22,516 to a high of 26,200. It has jumped to its highest level since May 15, and is about to form a golden cross pattern as technology companies recover. Key technology stocks in Hong Kong have jumped The Hang Seng Index has done well as investors have rotated to Hong Kong technology companies that underperformed the market earlier this year. This rotation happened as cracks emerge…
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