$Hang Seng Index(00HSI.HK)From what I remember, the Hang Seng Index has reached 17,000 points twice this year, but it didn't hold steady and quickly fell back each time. This noon marks the third attempt to break through 17,000 points. For an index that has been declining for four consecutive years, 17,000 is still a very low level, so there's no need to get too excited even if it hits this mark—there's still a long way to go. Moreover, whether it can hold this time is another question. Personally, I think it's wise to take some profits on short-term positions that were bought at the bottom, but long-term holdings can still be retained. After all, this year's target isn't as low as 17,000 points.

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