Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock
Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock
Hang Seng Index

‘Don’t try to catch a falling knife’ as red flags from China credit data, US inflation pressure growth stocks

  • Hang Seng Tech Index slipped below the 200-day moving average line this month, a bearish sign for stocks even after a 31 per cent plunge
  • Tencent’s rally since 2010 and its current reversal mirrors Nasdaq’s blistering decade before the 2000 dotcom crash

Topic |   Hang Seng Index
Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock
Faster US inflation and weaker Chinese credit impulses are bad signs for growth stocks. Photo: Shutterstock
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