Tue, 07 Dec 2021 10:43:30 GMT
Hong Kong index approaches low levels
Since February, the Hong Kong 40 index has been declining in a channel down pattern. Most recently, on November 16, the stock index bounced off the upper trend line of the pattern.
During the first week of December trading, the price fluctuated sideways near the 23,500.00 level. Meanwhile, the 2020 September low level was acting as support at 23,000.00.