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TrackInsight: Hong Kong stocks end higher

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06/24/2020 | 10:00am EDT

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 that track the evolution of Hong Kong stocks indices and gathered in the related segment on TrackInsight advanced on Tuesday by 1,77% on average. 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. Tensions between these two economic superpowers will continue to shake markets this year as the US presidential election is quickly approaching. Since the beginning of the last week (June 15th), this segment benefits from an upward trend and has won more than 4,5%. Year-to-date, its cumulative performance remains widely negative (-9,36%) while flows are stable and fluctuate between $ 600 M and $ 1 Bn since April. This segment counts 28 ETFs for a total of $ 20,4 Bn of assets under management.


© www.trackinsight.com 2020
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