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Primary economy: Hong Kong economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range ± 1.7–4.1% · 7–28-day calibrated zone
Last Updated: 6/23/26
recent path character per horizon · descriptive, not a forecast
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: CPI (r=+0.84), NBS Manufacturing PMI (r=+0.81), NBS General PMI (r=+0.81)
Inversely correlated: New Car Sales YoY (r=-0.95), S&P Global Services PMI (r=-0.90), Exports YoY (r=-0.86), HSBC India Services PMI (r=-0.84), Non-Oil Exports YoY (r=-0.82)
As of June 23, 2026, ^HSI is trading at 23336.28. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
medium-term trend: down · 1D · ER 0.91 · trailing 7d
Forecasts generated by Sigmanomics engine. Not financial advice.
The Hang Seng (^HSI) is a market index covered by the Sigmanomics analytics platform. The ^HSI index closed at 23,330.50 on June 23, 2026, reflecting a decline of 1.83% from the previous close of 23,766.06.
Over the past 30 days, the index has experienced a strong downtrend with a decline of 11.59%, ranging between 23,252.13 and 26,852.00. The price currently trades below its 20-day moving average of 24,764.87. The 14-day RSI stands at 28.6, in oversold territory, suggesting potential reversal pressure.
Over the same 30-day window, daily-return volatility was 1.08%, reflecting typical price variability for this index.
Daily-return volatility of 1.08% runs elevated for this index, so price ranges are likely to stay wide — watch how price behaves around its recent range rather than treating any single level as fixed. ^HSI is currently trading 5.79% below its 20-day moving average. Its 14-day RSI reads 28.6, currently in oversold territory.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.