Hang Seng Index High correction all week spit 5.13%

The U.S. economic recovery is too optimistic, coupled with the spread of flu, triggering investors profit back to vomit nerves. Hong Kong stocks this week's high correction, the company's index fell four consecutive trading days after the fall of 5th, 10th and 20th after a slight rebound in Friday, but the whole week still fell back 968.75 points or 5.13%, 17920.93 points; From the technical side, the 5th EMA and the 10th EMA have been formed to see the empty dead fork, and the index has been running for two consecutive days under the 20th EMA, technical surface does not support to see more. But industrial and commercial East Asia still bullish, the index after the recent pullback adjustment after the fall of space will be limited, expected to be at 17,000 points above the bottom, and suggested timing buy.　　It also says it is bullish on Chinese banks and real estate stocks, while radical investors can consider shipping stocks, which have been oversold. Blue chips, involved in the new bridge if the sale of unlimited sales order that the city selling expectations, China Ping ' an (02318-HK) fell 5th a week to spit nearly 12%, for blue chips in the third-largest shares this week. But the construction Bank (00939-HK) has won the same trade, the cumulative rose nearly 4% this week, in order to perform the best stocks.　　Only four of blue-chip stocks recorded a week-old increase in the city's weakness. Looking ahead next week, the U.S. market has a number of important economic data released next week, such as the Tuesday United States in May NAR sales data, Wednesday new house sales and durable goods orders data and Thursday of the United States first quarter GDP, and also noteworthy is the next Thursday Fed rate resolution and after the statement.　　If the U.S. stocks can go well next week, it will help the Hong Kong stock rally. State-owned enterprise shares this week also synchronized Hong Kong stock market profits back to vomit. The state-owned enterprise index dropped 578.92 points or 5.22% this week, reported 10509.85 points, ran slightly off the index, and synchronized its fall through the 5th, 10th and 20th lines. BNP is the latest advice to investors from China-funded materials, shipping, electricity and energy stocks to invest in construction, consumer goods and health insurance stocks.　　As the outlook for earnings growth for such stocks is clear, stock prices are running out of the market, and the proposed ones seem to have bought out, with weak earnings and huge supply and demand shortfalls.　　Appendix I: The first five stocks of blue chips rose this week-the stock name------close----(%) 00939-----CCB-------5.75----3.97 00006-----hongkong Electric------43.75----3.80 00700-----Tencent Holdings------90.50----0.78 00002-----　　CLP Holdings------51.80----0.10 schedules: This week the top five stock ticker symbol--stock name------close----decline (%) 01199-----Zhongyuan Pacific-----8.57---( -15.98) 02600-----China Aluminum Industry-------7.59---(-12.66) 02318-----China Ping An------52.00---( -11.94) 00144-----China Merchants International----22.00---( -11.47) 00688-----Chinese Overseas Development--15.94--- 11.44)