Cheung Siu-chung: Funds favour software stocks, keep an eye on Palantir

Cheung Siu-chung said funds are chasing software stocks and urged investors to keep an eye on Palantir. After Hong Kong stocks plunged 344 points last Thursday, they rebounded 425 points on Friday, gaining 239 points over the whole week. He said there were signs on Friday that the national team had begun market rescue efforts, and with US bond yields and the stock market rising together, Hong Kong stocks are entering a rebound window this week.