Rosenberg Research: It’s time to buy into this undervalued major global stock index

News Snapshot:

Bhawana Chhabra, CFA, MBA, is a senior market strategist at Rosenberg Research Hong Kong’s stock market has been overlooked for years on the back of a series of rolling geopolitical and economic uncertainties. With valuations screaming that investors expect a “worst-case” scenario to materialize, we believe that recent capital market reforms (and stimulus driven pickup in near-term Chinese growth) will spark a turnaround in this forgotten part of the world. Bumps in the road are to be expected, but patient investors with longer-term time horizons stand to benefit — not only at the headline level, but we also find Technology...