CX Daily: The Key Ingredients to Sustain Hong Kong’s Stock Rally

Stocks /

In Depth: The key ingredients to sustain Hong Kong’s stock rally

China’s show of determination to revive growth and rescue the property sector boosted investors’ confidence, triggering a surge in the Hong Kong stock market in April and May.

However, the rally has since lost steam and analysts say further gains will hinge on a range of factors, including policymakers’ strategy to resolve the most pressing problems and the direction of U.S. interest rates.