Hong Kong Stock Rally Faces Test With China Closed for Labor Day Holiday

From Bloomberg: 2024-05-01 19:30:00

Mainland Chinese investors, a key driver of Hong Kong’s stock market rally, are on a three-day hiatus for the Labor Day holiday, potentially impacting market support and single-stock moves. Their absence comes as the Hang Seng Index teeters on the edge of a technical bull market, highlighting their significant role in the market’s recent success.



Read more at Bloomberg: Hong Kong Stock Rally Faces Test With China Closed for Labor Day Holiday