Hong Kong’s Hang Seng Index Jumps 20% From January Low, Heads for Bull Market
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Hong Kong’s Hang Seng Index has risen almost 2% on Monday, bringing its advance from a January 22 low to more than 20%. If it closes at these levels, it will meet the definition of a bull market. This follows a stellar rebound in Hong Kong stocks this month, driven by overseas inflows. The Hang Seng Index joins a number of other indexes in China and Hong Kong that have reached bull market territory in recent weeks.