Nearly all industry groupings on the Hong Kong Stock Exchange declined in 2018. One, though, slid further and harder than all the rest. Let’s identify this culprit and see if there’s been any improvement so far this year.
One of the stock markets experiencing the widest gap between expectation and reality is… Hong Kong. It’s only eclipsed by Spain in the difference between what investment professionals say is a realistic above-inflation annual return, and what investors believe they can make.