Flags are raised outside the Exchange Square building in Central. Retail investors expect Hong Kong stock exchange’s benchmark index to rise next year. Photo: AP

Hong Kong investors pin hopes on US-China trade deal to boost Hang Seng Index next year, shrug off protest impact

  • 42 per cent of investors surveyed by Bright Smart Securities expect the Hang Seng Index to rise 5 per cent next year, while only 6 per cent see it declining from the current level
  • JPMorgan Asset Management too upgraded its outlook on global equities from ‘slightly underweight’ to ‘slightly overweight’ to reflect its positive view of the US economy
Topic |   Stocks

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Flags are raised outside the Exchange Square building in Central. Retail investors expect Hong Kong stock exchange’s benchmark index to rise next year. Photo: AP
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A Christmas tree burns after protesters set fire to it at Festival Walk shopping centre in Kowloon Tong, Hong Kong, on November 13, 2019. Photo: EPA-EFE

Singapore investor first to bear the brunt of Hong Kong’s radical protests as vandals laid waste to Festival Walk mall in Kowloon

  • Extensive damage to Festival Walk in Kowloon adds to casualties including a WeWork venture and vandalism at bank branches
  • Temasek has about 10 per cent of its S$313 billion of assets denominated in Hong Kong dollar, third-largest by currency exposure
Topic |   Retailing

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A Christmas tree burns after protesters set fire to it at Festival Walk shopping centre in Kowloon Tong, Hong Kong, on November 13, 2019. Photo: EPA-EFE
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