Listed shares in Hong Kong are recovering thanks to a certain political calm in the city, even if the performance of the Hang Seng in 2019 (4.5%) remains well below the plan average. However, the news focuses on the local stock exchange’s surprise offer on its London rival to create a group with a strong and diversified global base, but the issue is likely to face many political obstacles.
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Since the beginning of the month, the index has gained 5.3%, driven by many files. Among the best courses, the supplier of miniature components AAC technologies progressed by 21%, supported in its progress by WS Group (food) +14.6% and Geely (automotive brand) +13.2%.
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Graphically, in daily data, the prices have just made a double Botton figure on the 25,290 point line, allowing the index to start again from the front towards 27,780 points. Always under pressure
Image Patrick Rejaunier

Patrick Rejaunier

Senior Analyst