Société Générale Wealth Management: Hong Kong stocks lack a clear direction, expecting the Hang Seng Index to fluctuate in the range of 20,000 to 22,000 points
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Francois Baroin, Chief Investment Strategist at Societe Generale in Hong Kong, stated that the Hong Kong stock market lacks a clear direction, and it is expected that the Hang Seng Index will fluctuate between 20,000 and 22,000 points. Although the deadlock in Sino-U.S. trade negotiations remains unresolved, investors have digested the worst-case scenario and are shifting to a wait-and-see approach. She advises investors to maintain a barbell strategy, focusing on Chinese telecom and technology stocks while avoiding excessive concentration in U.S. stocks, especially technology stocks
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