Source: Chen Guo A-share strategy
问:What are the characteristics of the bottom structure process of Hong Kong stocks?
答:Looking back at the past four bull-bear cycles in the market since 2008, we can see that each time the Hang Seng Index bottomed out, there was usually a rapid rebound of about 20% over a period of 1-2 months after the index bottomed out. Most of these rallies are driven by sentiment repair at the bottom of the bear market, which then bottomed out again, and then bottomed again as the dollar index bottomed.
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