Super-Rare Signal Suggests Hong Kong Stock Market Has Hit Rock Bottom

Super-Rare Signal Suggests Hong Kong Stock Market Has Hit Rock Bottom

6m ago Super-Rare Signal Suggests Hong Kong Stock Market Has Hit Rock Bottom Bloomberg News, (Bloomberg) -- A stock-market indicator is flashing an extremely rare signal that suggests Hong Kong has hit the bottom after years of Covid restrictions, a tech industry crackdown and a property-market implosion in China. Strategists who study charts this week spotted an event that last happened 55 years ago: a so-called crossover on a graph that combines the speed and magnitude of price changes to …