$Hang Seng Index (800000.HK)$ It's irony the main driver for...
$Hang Seng Index (800000.HK)$ It's irony the main driver for the HK stock market is 'stimulus'. It seems that these companies are not doing anything but waiting for the feed.
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XenoSG : exactly, businesses cannot have drastic fundamental changes overnight. before the stimulus surge, the valuation was about right. but since the spike, it has caused imbalance. having said that, market is irrational and can go either way where money is present or absent