Despite low market mood, HK stocks present buy opportunities
By Chen Jiahe | China Daily | Updated: 2019-09-02 07:42
A sense of uncertainty arising from recent developments has gripped investors in the Hong Kong stock market. But, others see this as a marvelous buying opportunity.
Depending on which gauge you use to value the market, valuations are either at the lowest level in many years or at least close to the lowest level of the past few decades.
The value of the Hong Kong market is even more attractive when compared to the US stock market. Currently, the US stock market valuation is much higher than that of Hong Kong's.
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