Ben Luk of State Street Global Markets says Hong Kong's market is undervalued and under owned, but there are "a lot more opportunities" such as in the South Korean market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong stocks decline for sixth day as Nikkei 225 dropsAsia-Pacific stocks tumbled Friday, Aug. 18, with shares in Japan decreasing for the third session and the Hong Kong market down for six consecutive...
Source: MarketWatch - 🏆 3. / 97 Read more »
Hong Kong's benchmark Hang Seng index closes in bear market territoryHong Kong’s benchmark stock index closed in bear market territory, down 2.1% in the Friday session and more than 20% below the highs of January, as uncertainty over China’s property market and growth prospects erase early-year gains. The further losses on Friday came after news that embattled Chinese real estate giant Evergrande had filed for bankruptcy protection in a U.S….
Source: NBCLA - 🏆 319. / 59 Read more »