Posted 2/1/2024, 11:08:04 AM
Hong Kong Stocks Face Volatile Year Ahead in 2012 'Dragon' Market: CLSA Index
- Hong Kong stock market expected to be volatile in Year of Dragon, according to CLSA Feng Shui Index
- Market weakness forecasted for first half of year, Hang Seng Index may not turn positive until summer
- Index could end year higher after turbulent ups and downs throughout the year
- Fire replaces earth as guiding element; tech, medicine, chemistry may benefit while metals struggle
- CLSA index makes lighthearted market predictions based on Chinese astrology; accuracy varied last year