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ANALYSIS: Hong Kong Stock Market Challenged as Bear Market Persists (Part 1 of 2)
The Hong Kong stock market is grappling with the relentless grip of a bear market as foreign funds make a hasty retreat, counterbalanced by an influx of Chinese funds.
The closing price of the Hong Kong Hang Seng Index, displayed on the large screen at the Hong Kong Stock Exchange, on Aug. 18, 2023. Photo by Kwok Wai Li/The Epoch Times
The Hong Kong stock market is grappling with the relentless grip of a bear market as foreign funds make a hasty retreat, counterbalanced by an influx of Chinese funds.
This complex interplay has cast a shadow over market sentiment, leading to a palpable decline in enthusiasm among investors.