Hang Seng May Reverse Monday's Losses

The Hang Seng rallied more than 950 points (about 3.6%) over a two-day winning streak but has finished lower in two of the subsequent three trading days. The index now sits just above the 24,750 level, indicating choppy, short-term price action and limited directional conviction among investors.

Analysis

The Hang Seng rallied more than 950 points (about 3.6%) over a two-day winning streak but has finished lower in two of the subsequent three trading days. The index now sits just above the 24,750 level, indicating choppy, short-term price action and limited directional conviction among investors.