Hong Kong's Stocks Rally Even With Key Chinese Investors Absent [Yahoo! Finance Canada]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance Canada
(Bloomberg) -- Hong Kong's world-beating stock rally is showing no signs of letting up even with Chinese investors, a key buying force, out of action. Most Read from Bloomberg The risk-sensitive Hang Seng Tech Index jumped more than 4% on Thursday with China on holiday for the rest of the week. The broader benchmark gauge rose more than 2%, putting it on track to enter a technical bull market, as developers and casino operators advanced. ADVERTISEMENT Chinese investors have been a crucial driver for Hong Kong's stocks recently, with inflows from the mainland last month accounting for more than a third of turnover, the highest on record. The gains on Thursday, however, suggest that global funds are returning to the financial center's cheaply-valued market, as they rotate out of countries such as the US and Japan where equities have rallied to records. “With even more uncertainty after the Federal Reserve meeting as to when the US will lower interest rates and the fact that e
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GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 5/16/24 - Form 424B2
- 5/16/24 - Form 424B2
- 5/16/24 - Form FWP
- GS's page on the SEC website