China Stocks in Hong Kong Rebound 20% Entering Technical Bull Market

From Bloomberg: 2024-04-09 22:55:00

Chinese stocks trading in Hong Kong surged towards a major milestone fueled by positive economic data and corporate news. The Hang Seng China Enterprises Index rose by 2.4% on Wednesday, bringing its gain since January to over 20%. If this trend holds, the index will reach a technical bull market not seen since late 2022 when China lifted Covid restrictions.



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