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BRIGHT SMART: Lack of Turnover in HK Stocks Dents Stock Mkt Performance
Edmond Hui, CEO of BRIGHT SMART (01428.HK), believed that Hong Kong stocks' rise and fall follow the trend of A-shares, and are not affected by the US stock market or other mar...
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BRIGHT SMART: Lack of Turnover in HK Stocks Dents Stock Mkt Performance
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Edmond Hui, CEO of BRIGHT SMART (01428.HK)  -0.010 (-0.433%)    Short selling $732.84K; Ratio 5.474%   , believed that Hong Kong stocks' rise and fall follow the trend of A-shares, and are not affected by the US stock market or other markets.

In addition, Hui believed that the turnover of Hong Kong stocks will only maintained at $60 billion to $70 billion, and the HSI will only hover in the range of 16,500-18,000. Hence, the turnover of Hong Kong stocks will be rosy if it reaches $150 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-25 16:25.)

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