Similar to the US stock markets, the Chinese Hang Seng topped in 2021 and entered a bear market. Unlike the US markets, its drop has been far more severe, and the rebound has been non-existent—until now.
After successfully retesting the 2022 bear market low, the Hang Seng Index has broken a significant downtrendline with force. This noteworthy move highlights the transition of the Hang Seng Index back to a bull market.
↧