Don't Buy Hong Kong Stocks Until After G-20, Says Francis Lun

The video discusses the current correction phase in the Hong Kong stock market, influenced by political unrest and liquidity issues. Despite short-term challenges, there are potential investment opportunities if the market falls further. Retail sales are declining, impacting economic growth. The video also covers the impact of the US-China trade war and advises caution with mainland banks due to bad loans. Property stocks are currently unattractive due to liquidity issues, and the market is expected to face further challenges before potential recovery.

What is the current phase of the Hong Kong stock market as discussed in the video?

• Expansion phase

• Correction phase

• Growth phase

• Stagnation phase

What has been the trend in retail sales in Hong Kong according to the video?

• Declining since the beginning of the year

• Stable with minor fluctuations

• Experiencing rapid growth

• Increasing significantly

At what level of the Hang Seng index does the video suggest a buying opportunity might arise?

• Around 28,000

• Above 30,000

• Exactly 26,500

• Below 25,000

Why are property stocks considered unattractive according to the video?

• They are overpriced

• They have high dividend yields

• They are undervalued

• They have low liquidity

What is the perceived risk associated with mainland Chinese banks?

• Strong regulatory oversight

• Low customer deposits

• High interest rates

• Significant bad loans

What is the expected impact of the China-U.S. trade war on the Hong Kong market?

• Market stability

• Market growth

• Market decline

• No impact

What is the estimated bad debt ratio for mainland Chinese banks as mentioned in the video?

• 2%

• 7%

• 3%

• 5%