Hong Kong retail investor sentiment rebounds strongly
The JP Morgan Investor Confidence Index in Hong Kong jumps in June from a previous low, but investors are still proceeding with caution.
The JP Morgan Investor Confidence Index in Hong Kong, which is designed to measure the outlook of retail investors in the local market over the next six months, shows that sentiment has strongly rebounded from its lowest level of 95 in the first quarter to 119 in the second quarter. The June index shows signs that investor confidence has bottomed out.
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