HONG KONG -- The Hong Kong stock market, Asia's worst performer until mid-April, has rebounded largely thanks to mainland investors hedging against a weak yuan and hoping to take advantage of policy support from China.
Markets
Hong Kong stocks' mainland-driven rally faces longevity test
Western investor skepticism, geopolitical tensions may limit scope for gains
Bull statues outside the Hong Kong exchange. A Swiss private banker described the recent momentum in Chinese stocks as "bear market rallies." (Photo by Kenji Kawase)
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