China Market Update: Hong Kong Stops To Catch Its Breath
After moving from January’s 31 st low of 15,485 to today’s 18,479, a breather was more than overdue. Q1 earnings season kicks off next week, with Alibaba and Tencent reporting next Tuesday morning. Further out will be the Third Plenum, the major economic meetings in July, though the amplification of policy support is increasing.