koolgal
05-08
🌟🌟🌟A strengthening HKD appears to be a positive sign for the region, both as a marker of renewed capital flows and as an indicator of broader investor confidence in Asian, especially Chinese markets.

With a supporting backdrop of pro growth policies, innovation driven sectors and increased capital flow, I believe that the China stocks rally has the potential to continue.

However it is important to remain mindful of global economic uncertainties and the inherent risks in a market transitioning from a period of weakness to optimism.

HKD Strengthens: Can China Stocks' Rally Continue?
On May 7, the Governor of the People's Bank of China, Pan Gongsheng, announced a 0.5 percentage point RRR cut, injecting approximately 1 trillion yuan of long-term liquidity into the market. A package of policies to support financing for SMEs will be launched soon. Chinese assets surged in response to these favorable policies. Some believe that Chinese concept stocks are still at low levels, as major tech stocks remain undervalued. Are you bullish on China stocks continued rally? Are they still undervalued or not? How will stronger HKD affect HK stock market?
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