Lee Shau-kee, who last year was touted as Asia's Warren Buffett but who has had a mixed record of predicting the market, says Hong Kong stocks have been oversold and now is the time to buy.
Established in 1969, the Hang Seng Index is the benchmark stock market index, monitoring changes in 48 constituent blue chip stocks. It is maintained by Hang Seng Indexes Company, a unit of Hang Seng Bank, which is controlled by HSBC Group.
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