An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP
An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP
Stocks

Hong Kong stocks retake nine-month high in late rally as traders focus on recovery prospects

  • Technical indicator flashes an overbought signal after an 11 per cent rally in November pushes the market towards its best month since April 2015
  • Hang Seng Index’s price-earnings ratio has risen to 14.7 times, making stocks the most expensive in a decade

Topic |   Stocks
An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP
An electronic board showing the Hong Kong stock tickers near the Hong Kong Excanges and Clearing office in Central. Photo: AP
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