HSI being lifted upRead this article and digest it for a while .....
Do you think this trend will continue ? I think so with US coming hard on Chinese Companies that were listed in USA. We have seen how JD.com, Alibaba, Tencent, Netease, etc suffered temporary setback in its share price. We can expect more companies raising additional funds by listing in HK and that means more hot money will be flowing into its share market.
We have seen the Nasdaq of Asia, Isharestech performance here and new players that are queuing to join the IPOs fever will drive the share price higher and higher.
Hopefully, HSI which has been recovering slowly from the March Low will benefit from this wave of hot money coming into Hong Kong. And I do wish there can be a good spread of industries/sectors that are not in the Tech space as well. For example, Nongfu Spring water IPOs was pretty excellent as well.