Hoping For Better Luck, HK Stocks Enter The Year Of The Dragon

Source: seekingalpha.com seekingalpha.com

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primeimages/iStock via Getty Images Could the dragon breathe new life into Hong Kong stocks after investors ran scared in the year of the rabbit? Market watchers will certainly be hoping for a stronger performance in what is considered a lucky year in the Chinese calendar. The only mythical creature in the Chinese zodiac, the dragon is associated with good fortune, strength, and vigor, characteristics that have been sorely lacking on the Hong Kong stock market. In the past year, Hong Kong share prices were unable to capitalize on the lifting of China’s Covid controls and were hammered by China’s weak...