An electronic billboard displays the Hang Seng Index in Hong Kong on November 11, 2022. The index has climbed 30 per cent since hitting a 13-year low on October 31. Photo: EPA-EFE
An electronic billboard displays the Hang Seng Index in Hong Kong on November 11, 2022. The index has climbed 30 per cent since hitting a 13-year low on October 31. Photo: EPA-EFE

Hong Kong retail investors are selling Hang Seng members while global funds power stock market rebound, Goldman says

  • Retail investors have been cutting their holdings as stock prices recover from multi-year lows
  • They may favour lower-risk assets such as time deposits to shun market volatility, says Natixis’s Gary Ng

An electronic billboard displays the Hang Seng Index in Hong Kong on November 11, 2022. The index has climbed 30 per cent since hitting a 13-year low on October 31. Photo: EPA-EFE
An electronic billboard displays the Hang Seng Index in Hong Kong on November 11, 2022. The index has climbed 30 per cent since hitting a 13-year low on October 31. Photo: EPA-EFE
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