Hong Kong Stocks 'Overvalued to a Significant Extent': Oreana Financial

The video discusses the ongoing China-US trade competition and the expected positive outcome of a trade deal. Despite macroeconomic concerns, the CSI 300 index has risen significantly. However, China's economy faces cyclical headwinds and a structural slowdown, limiting further market rallies. Hong Kong is in a recession, with its equity market overvalued. The listing of Alibaba is significant but does not change the negative economic fundamentals in Hong Kong.

Discuss the implications of Alibaba's IPO on the Hong Kong market.

What does the recent economic data from Hong Kong indicate about its future?