Economy / Hong Kong
Hang Seng Hits Target
September 2004 | Market StrategyOur view that Hong Kong's Hang Seng is one of the main bright spots in the Asia equity universe (see 09 August 2004, Looking For Bright Spots In Asia Equities) has been borne out, with the bourse having hit our medium-term target of 13,000 earlier today. It closed at a near five-month high of 13,024, after having breached resistance in the 12,600 area last week.
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