But deteriorating economy is still taking its toll on investors.
According to Markit Equities Research, deteriorating economic data has taken its toll on Chinese shares, including those listed in Hong Kong. It highlights that short sellers have not reacted, while companies seek to reward investors with increased dividends.
It noted that Hang Seng dividend payments are forecast to increase 12% to HKD114 billion. Meanwhile, the average total return from lending Hong Kong equities has fallen to 10.1 bps in the second quarter from 12.6bps.
Also, average short interest has declined by 10% from the highs seen at the end of 2012. Semiconductors and materials firms are the most heavily shorted
Do you know more about this story? Contact us anonymously through this link.