“The spread of Europe’s debt crisis is a major concern for the markets, ” said Linus Yip, chief strategist at First Shanghai Securities in Hong Kong. “But for Hong Kong, there are some buying interests. It’s at a valuable level right now, triggering long term funds to come in. The market may have some good support at the current level.”
iShares MSCI Hong Kong
Tisha Guerrero contributed to this article.