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HSI fell 2.61% Prudential expected short-term support at 17,000 points

Source: Internet
Author: User
Keywords Said that the Hong Kong dollar
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The index fell 2.61% to 17587.53, trading at HK $55.176 billion, and the current index narrowed, to a minimum of 17375.96 points. Lian Jinghan, of Prudential Securities, said the narrowing decline in the mainland market had given it some support. He expects further sharp swings in the market, but heavy selling pressure does not look sustainable. It is expected that the 17,000-point level (near the 50-day moving average of 16,954 points) will constitute a strong short-term support.

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