Market Review and Trends
Quick Thoughts on HK Markets these few days
By Investing Thoughts  •  March 18, 2022
This month is probably the most thrilling month that investors in HKEX had for a couple of years. The month started off at 22700 points, fresh from a 10% drop from February's peak. Then it took 2 weeks to plunge to a low of 18235 points. That is around 19% drop in 10 trading days. To put things in perspective, this low has far exceeded the 2020 covid lows of 21139 points and also beat the 2016 lows of 18278 points. The reason for the sell down could be attributed to a lot of factors as everyone seem to have a version of their own for the crash. Reasons included (but not limited to) 1) Ukraine crisis spillover effects as people claim that China Markets could be the next Russia Market due to China's stance in the conflict. 2) China speculated to cut rates and that is signifying a poor economy ahead 3) US's listing rules for China Companies listed in the US....
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By Investing Thoughts
Age 25, currently doing part-time. Studied in NTU as a Banking and Finance student. Also known as zzxiaoboizz Enjoys doing equity research and investing. Currently vested in Hong Kong and Singapore listed Equities Would pen some of his thoughts here. Also enjoys watching concerts.
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