Hong Kong stock market outranks US peers as top bet, HKIFA survey shows


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Hong Kong and US stock markets are the top choice of investors over the next 12 months as they believe their valuations have become attractive after the setback this year, a survey released by the Hong Kong Investment Funds Association (HKIFA) showed last week.

Investors who were asked to rate their choices preferred Hong Kong stocks by a wide margin, with 76 per cent saying they would invest at home. Half of the respondents preferred US equities while 41 per cent favoured markets in mainland China.

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