A man walks past an electronic sign showing the Hang Seng index, which fell to a decade low on September 22, 2022. Photo by AFP
A man walks past an electronic sign showing the Hang Seng index, which fell to a decade low on September 22, 2022. Photo by AFP

After a US$1.3 trillion rout, analysts predict more pain in store for Hong Kong’s stock market amid rate increases

  • History suggests investors should be wary of more losses in the next one to three months after Hong Kong’s commercial banks lifted their prime rates
  • The HKMA warned of more possible rate increases, with the Federal Reserve still to hold two more policy meetings this year

A man walks past an electronic sign showing the Hang Seng index, which fell to a decade low on September 22, 2022. Photo by AFP
A man walks past an electronic sign showing the Hang Seng index, which fell to a decade low on September 22, 2022. Photo by AFP
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