EconomyUS rate increase should have only short-term impact on Hong Kong stocks: CICC
China International Capital Corporation says renewed US monetary tightening could increase volatility in Hong Kong stocks, but the effect should be brief unless the Federal Reserve begins a sustained rate-hike cycle. CICC strategist Liu Gang said a Fed increase would not necessarily mean losses, as monetary conditions are only one of several market drivers.
US rate increase should have only short-term impact on Hong Kong stocks: CICC
Economy