Mainland Chinese, Hong Kong stocks face bumpy fourth quarter as risks mount: analysts

SCMP Techen

Mainland Chinese, Hong Kong stocks face bumpy fourth quarter as risks mount: analysts

Mainland Chinese and Hong Kong stocks may face a challenging fourth quarter as investors contend with underwhelming stimulus measures from Beijing, tighter financial conditions in the US and a shift in the narrative around the artificial intelligence trade, according to analysts. The two markets were likely to consolidate throughout the rest of the year to digest the negatives before settling on a clearer direction, according to brokerages including Zheshang Securities and CCB International. CCB...

This is a short summary published by AI Global Wire. The full article is owned and hosted by SCMP Tech — open it there to read it in full.

Read the full story at SCMP Tech

    Related AI news