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Falling HK + Marching towards Dividend Yield Target
By Invest For Yourself  •  August 23, 2021
Hong Kong market feels like a Falling Knife – Invest with Care Hong Kong market continues to underperform versus Singapore and US markets. We saw a 5.8% loss in Hang Seng index last week as investors continued to be spooked by China regulatory crackdown on the large online companies and fearing that it would spread to other industries like healthcare, similar to the sudden regulatory change to education companies a few weeks ago. While I also felt concerned, I couldn’t help but went in to pick up some HK stocks at what seemed to me were trading at “bargain price”. I do hope the market would bounce soon. The continued falling of Hang Seng index had at time made me feel like I was trying to catch a falling knife. Sigh … Photo by NIKOLAY OSMACHKO on Pexels.com Taking a more macro view, the Hang Seng index has just entered into a technical bear market...
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By Invest For Yourself
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