Monday , 18 November 2024
Home Forex Goldman Sachs downgrade Hong Kong stocks to underweight
Forex

Goldman Sachs downgrade Hong Kong stocks to underweight

Goldman Sachs downgrade Hong Kong stocks to underweight.

  • Hong Kong stock valuations are not high, but don’t offer much economic or earnings growth
  • property and retail sectors remain under pressure
  • economy may not benefit as much from policy support in China
    as it previously has, given China’s focus on bolstering the
    domestic economy

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Switzerland Industrial Production (YoY) fell from previous 7.3% to 3.5% in 3Q

Switzerland Industrial Production (YoY) fell from previous 7.3% to 3.5% in 3Q

EUR/JPY attracts some buyers to near 163.00 amid BoJ rate hike uncertainty

The EUR/JPY cross attracts some buyers to around 163.00 during the early...

Forex Today: Quiet start to week as focus remains on geopolitics, central bank speak

Here is what you need to know on Monday, November 18: Financial...

RBA’s Kent: Forward guidance in Australia might be less useful than in the United States

In a speech in Canberra on Monday, Reserve Bank of Australia (RBA)...