Shiraverse Latest Questions
Shiraverse is an innovative, professional, and user-friendly social questions-and-answers platform. It’s designed to cater to online communities, niche-specific Q&A websites, marketing professionals, developers, or anyone who thrives on interactive social engagement. The platform operates as a vibrant community space where users ...Read more
Economic growth in Q2 2024 slowed to 4.7%, down from 5.1% in Q1, accompanied by sluggish retail sales growth and weaker-than-expected investment in manufacturing, infrastructure, and property.
The rally might be sentiment-driven, with fundamentals like slower GDP growth, declining consumption, and underperforming sectors such as manufacturing and real estate raising concerns about sustainability.
Traders can monitor the USD/HKD exchange rate. Strong HKD demand, reflected by the exchange rate approaching the lower end of its pegged range (HK$7.75–7.85 per USD), indicates significant capital inflow into Hong Kong markets.
Government policies such as stimulus packages, reduced interest rates, and liquidity injections strengthen investor confidence, boosting equity market performance. However, these policies’ long-term sustainability depends on underlying economic fundamentals.
