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Hang Seng Index: Euphoria weakens over phase one trade deal, sending stocks down in Hong Kong

  • UBS research arm sees stocks outperforming high-grade bonds after phase one trade deal
     
  • China industrial production rebounds strongly
Topic |   Hang Seng Index
The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group, in this aerial photograph taken in Shanghai on August 7, 2019. Photo: Bloomberg
INTRODUCTION

Happy Monday, traders --

Investors in Hong Kong took profits, but the Hang Seng Index still stayed above the 27,500 level for a second straight session. China investors pushed up stocks there after data showed that industrial production rebounded strongly in November.

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