Hong Kong Hits 30K Resistance Level, ByteDance Rival Kuaishou Prepares For IPO, Week In Review

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Week in Review

  • Asian equities ended the trading session mostly higher on Tuesday, reversing course from Mondays losses. Hong Kong outperformed Mainland China as money poured into the citys markets from the Mainland via Southbound Stock Connect following yet another positive economic release coming out of the worlds second largest economy. Southbound Connect volumes were 3x the 1-year average on Tuesday. According to Bloomberg, January 2021 is shaping up to be the busiest month on record for…

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