
- Hong Kong’s benchmark index soared 26.6% in November – the Hold Seng index’s best regular monthly gain due to the fact Oct 1998, or near the conclude of the Asian economical crisis 24 decades in the past.
- But the index even now sits in bear market place territory, which is defined as down 20% from a current substantial, standing at a loss of 20.45% loss calendar year-to-date as of Dec. 2.
- Right after its November gains, the Hold Seng index hovered close to 18,600 – a degree of resistance in accordance to current market watchers.