April Means Kind Month for Hang Seng If Pattern Persists: ChartBloomberg News
Hong Kong stocks may reverse their month-to-date loss and end April in the green, if history is any guide. The Hang Seng Index reaped an average 5.1 percent gain for April over the past 11 years, making it the best month for returns. Low valuations may drive Hong Kong stocks higher in the coming weeks before possible declines in May, BOCI Research Limited analysts led by Eric Hu wrote in an April 6 note.
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