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CICC: US rate increase should only have short-term impact on Hong Kong stocks
China International Capital Corporation (CICC) stated that Hong Kong stocks could face greater volatility from renewed US monetary tightening, but the impact should be short-lived unless the Federal Reserve embarks on a sustained rate-increase cycle. Liu Gang, CICC's chief offshore China and overseas strategist, added that monetary conditions are only one of several market drivers.
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Source：SCMP商业 · Source Link
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