Market Pulse - 20Jul23 - Time to rebound after the break

Further pullback took place as investors retreated to the sidelines prior to the mid-week break. After 2-days of pullback, bargain hunting activities may return to the fore as the key index may play catch-up with the positive developments on Wall Street in the recent days. Meanwhile, the lower liners may remain upbeat in view of the improved market sentiment. Meanwhile, the corporate earnings releases in both the US and Hong Kong will remain in focus.

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