Hang Seng, Hang Seng China Indexes breach key support levels
Chinese stocks may find respite after a dramatic selloff Monday caused the country’s benchmark indexes to plunge through key technical support levels, signaling a potential bounce.
The Hang Seng Index and Hang Seng China Enterprises Index have both breached levels that in the past have triggered a rebound. The two gauges fell the most since the 2008 global financial crisis on Monday. $SSE Composite Index (800146.HK)$ and the Shenzhen Component in mainland China both lost about 2%.
As always, the above does not constitute investment advice.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
whqqq : I trust you. I have seen the dawn from HangSeng.
Giovanni Ayala :![thinking_face 🤔](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f914.png)
![green_heart 💚](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f49a.png)