Hong Kong stocks strong consolidation focus on HSI subscription card

Hong Kong stocks in Wednesday close to flat, showing that the city is currently lack of direction.　　Since Thursday the mainland will be published in the first quarter of the macroeconomic data, and Friday will officially run the Shanghai and Shenzhen 300 index futures, at this time investors tend to take a wait-and-see, static pending uncertainties after the deployment. Earlier this week, when the heads of State of China met, President Hu Jintao stressed that the renminbi's exchange would not be pushed under external pressure. Previously, the market has been on the subject of appreciation of the renminbi speculation in full swing, the relevant benefit of the stock is very popular, accumulated a lot of gains; now, the market for the appreciation of the renminbi is expected to cool, the earlier increase in the larger stocks have also been recalled. Eastern Airlines (00670.HK), China Southern Airlines (01055.HK) and nine Dragons paper (02689.HK) led the decline yesterday, more than 3%.　　The author suggests that investors can get back to the related early-stage profitable varieties. U.S. stocks have now succeeded in standing on the 11,000-point threshold, the short-term strength is still evident. U.S. stocks officially entered the first Ti Yu this week, the market generally optimistic about the earnings of listed companies. This helped push the U.S. stock index to continue to rise.　　Moreover, the Chicago Options Exchange's Volatility index, which has fallen by as much as 25% this year, has fallen to its lowest level in more than 2 years this week, suggesting that the current US market panic has fallen sharply, signalling a stronger outlook for U.S. stocks. Although the strength of the U.S. stock market will provide support for Hong Kong, but the mainland's macro-data and index futures may be the uncertainty, the Hong Kong markets sentiment will remain cautious in the near future. Relative to U.S. stocks, Hong Kong stocks are still in a backward state, and the March performance of the Hang Seng index did not fully reflect the ideal of listed companies ' annual report, so the possibility of a April replenishment is high. Therefore, the author believes that Hong Kong stocks will continue to be fixed at 22,000 points this week, and will be strong again as early as next week.　　As regards the Hang Seng index warrants, if investors are optimistic about the performance of Hong Kong equities this month, they may pay attention to the Hang Seng index subscription card 21495; Remind investors that the risk of investing in a stock card can lead to a total loss of principal. (Hong Kong Zhiyuan Investment Advisory)