The Hang Seng index has moved sideways in the past few weeks as the recent hype surrounding China’s stimulus policies faded. The index, which tracks the 40 biggest companies in China, has remained at the important support level at H$20,535, much lower than the year-to-date high of H$23,245. Status quo or continuation?The Hang Seng index is in a tight range as investors wait for the upcoming US election that will determine whether China and US relations escalate or ease. A Kamala Harris victory will mean that the status quo will continue in the next four years. Under Biden, the two countries ha…