The stock market sell-offs were tempered by the imminent signing of a tentative trade deal between Beijing and Washington and China’s better-than-expected trade data in December. Photo: AFP

China and Hong Kong stocks dip on signs of technically being overbought

  • The 14-day relative strength indices for the Shanghai Composite and the Hang Seng reach levels that indicate stocks are overbought
  • Sell-offs are mild amid China’s trade data that exceeds estimates and the Sino-US trade deal
Topic |   China stock market

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The stock market sell-offs were tempered by the imminent signing of a tentative trade deal between Beijing and Washington and China’s better-than-expected trade data in December. Photo: AFP
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Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.