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DBS: HSI could reach 24,600 this year

The Hong Kong stock market will continue to face upward pressures in 2017, with the Hang Seng Index set to reach 24,600, according to Alexander Lee, research director, China and Hong Kong market strategist, DBS Vickers (Hong Kong) Limited. “[The earnings recovery] is still the key reason why we are optimistic about this year’s market despite many negative factors,” says Lee. Lee…

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