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HK investors expect unrealistic 20.4% stock market gains, says poll

A poll of over 1,000 respondents in June showed that on average, investors in Hong Kong expect a 20.4% annual gain from investing in the stock market. This reflects irrational expectations and risk appetites, Convoy Financial Holdings chief executive Mark Mak told the Hong Kong Economic Journal (HKEJ). The survey was commissioned by the financial management group, and conducted by The University of…

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