From Investing.com: 2025-02-13 08:52:00

Hang Seng Tech has surged past the 20% bull market threshold, fueled by strong gains in tech stocks and improving sentiment towards Chinese assets. The Tech Index trades cheap at 17.4 times forward earnings, suggesting room for the rally to continue. Hang Seng Futures are on the cusp of a bull market, with gains approaching 19% from January lows. Trading volumes are gradually increasing, supporting the bullish case. Hang Seng Tech Futures have also cleared the 20% threshold for a technical bull market, with potential for a push towards the January 2022 high of 6,010. USD/CNH is turning lower, breaking key support at 7.3000, indicating further downside risk. Key levels to watch are 7.2800, 7.2400, and 7.2130 for potential short setups.



Read more at Investing.com: Hang Seng Tech Enters Bull Market, USD/CNH Tests Support: Is Sentiment Shifting?