Because of the unexpected 50-basis-point interest rate cut by the Federal Reserve, which opened the door to a cycle of rate cuts, and the liquidity support provided by domestic monetary stimulus policies, the benchmark index for the Hong Kong stock market - the Hang Seng Index - has already posted a year-to-date gain of over 22%. It has also experienced an 11-day rally, marking the longest continuous period of gains for the index since the 2018 glorious period. Hong Kong stock assets are expected to see a full turnaround. This article summarizes the bullish ETFs and related leveraged ETFs for Hong Kong stock assets.
DramaYoung
Because of the unexpected 50-basis-point interest rate cut by the Federal Reserve, which opened the door to a cycle of rate cuts, and the liquidity support provided by domestic monetary stimulus policies, the benchmark index for the Hong Kong stock market - the Hang Seng Index - has already posted a year-to-date gain of over 22%. It has also experienced an 11-day rally, marking the longest continuous period of gains for the index since the 2018 glorious period. Hong Kong stock assets are expected to see a full turnaround. This article summarizes the bullish ETFs and related leveraged ETFs for Hong Kong stock assets.
DramaYoung