On the eve of President Joe Biden’s inauguration, the Hong Kong stock market soared as Chinese money poured in. On Jan. 19, the daily trading volume of Hong Kong stocks exceeded 300 billion Hong Kong dollars ($38.7 billion). On Jan. 21, the Hang Seng Index, which tracks the Hong Kong stock market, rose by more than 10 percent, ranking first among the most important global indexes according to NetEase Finance. Despite the spread of the pandemic in Hong Kong, a weak economy, and the Chinese Communist Party’s (CCP) increasingly stringent control, the Hong Kong stock market experienced an unusual rise from Jan. 6 to Jan. 21. Hong Kong Guotai Junan Securities (GJS) issued a report predicting that Hong Kong stocks are expected to have an “index bull market” in 2021 However, according to expert analysis, this bull market is driven by policies and built on a weak foundation. It functions …