Hong Kong equities soared on their first trading day supported by the hopes for a vaccine.
Hong Kong Stocks
In the wake of other major Asian markets, Honk Kong stocks benefited from the support of US President Donald Trump in the US-China trade deal.
ETFs providing exposure to Hong Kong stocks suffered yesterday their second-largest daily outflows in 2020.
Hong Kong stocks have recorded their biggest daily loss since June 2015 on Friday, May 22nd.
This is the fourth average positive daily return in a row for Hong Kong stocks.
ETFs seeking to replicate Hong Kong stocks indices experienced a drop in performance on yesterday’s market session.