The reaction in Hong Kong to the premier's remarks is much more subdued, as the main theme here is the strengthening U.S. dollar. Chen Zhizhong More Quotes by Chen Zhizhong More Quotes From Chen Zhizhong This is interpreted as good news by some investors, but investors' risk appetite is still weak, as a possible free fall in mainland market could weigh on the Hong Kong market as well. Chen Zhizhong industrials The problem with this market is that there's no fresh money flowing in, the MSCI move could affect Hong Kong stocks negatively; foreign interest in Hong Kong stocks is subdued by an expected Fed rate hike later this year; and mainland investors are looking on the sidelines amid political uncertainty. Chen Zhizhong industrials There's already ample liquidity in the stock market, and monetary easing is no longer a factor in our discussions. Chen Zhizhong industrials The market has already priced in additional cuts in interest rates and reserve ratios this year. The opportunity now is structural. Chen Zhizhong industrials Over the past few sessions, Hong Kong shares lagged the mainland stock market due to uncertainty about Fed's rate decisions, we're seeing a rebound today because the uncertainty is gone. Chen Zhizhong industrials
