Hang Seng Tech Sees Momentum Shift Amidst Bearish Sentiment Towards China
Hang Seng Tech is witnessing a significant surge, while USD/CNH breaks lower, indicating a shift in sentiment toward Chinese assets. With tech valuations remaining below historical averages, this presents a potential opportunity for investors. The current market dynamics signal a possible start of a sustained rally in the Hang Seng Tech index. Traders should assess whether this momentum is sustainable or just a fleeting trend. Analyzing broader market influences will be essential for strategic positioning.