Financial News
Written by: Deng Huilin
2020-06-08 16:30
Date of last update: 2020-06-08 16:30Furui issued a report that the low interest rate in the United States has benefited the Hang Seng Index. It is expected that the HSI will record a 20% increase in the next six months and is expected to rise to 30,000 points.
Fury analyst Sean Darby said that the depreciation of the US dollar, the Fed's low interest rate, coupled with global investors' willingness to hold cash again, does not rule out Hong Kong's opportunity to obtain strong capital inflows.
The Hang Seng Index rose 7.9% last week, the largest weekly increase in five years, and the last time it closed at more than 30,000 points for May last year.
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