Goldman Sachs and Bank of America both expect US markets to be flat for 2023.
https://finance.yahoo.com/news/bank-of-america-us-equity-outlook-stock-market-165556408.html
https://finance.yahoo.com/news/goldman-sachs-us-equity-outlook-stock-market-2023-105412389.html
Meanwhile Hong Kong’s Heng Sang Index (HSI) set off a stock-market indicator that hasn’t been seen in 55-years, and shows an extraordinary opportunity for investors in 2023.
https://finance.yahoo.com/news/super-rare-signal-suggests-hong-054219851.html
In addition to the RSI indicator, a major catalyst for Chinese listed companies is expected this month, about Mid-December
1) The long awaited SEC ANNOUNCEMENT about mid-December, will lift most Chinese stocks. (See link below for reasons I think it will be positive.)
2) Adding fuel to another fire, Luckin Coffee is expected to RE-LIST on the Nasdaq in the 1st quarter of 2023.
So wether it’s Luckin Coffee or another Chinese ticker, 2023 could be the year for beaten down Chinese stocks.
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