Schroders urges investors to proceed with caution in Hong Kong
The fund house notes that valuations are attractive, but uncertainty still looms.
With a gain of more than 70% from its November lows, the Hong Kong market has now almost returned to early 2007 levels and investor risk appetite is normalising, albeit at a slow pace, Schroder Investment Management notes in a recent report. From here on, the fund house advises investors to proceed with caution.
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