China shares rose three weeks in general to build state-owned enterprises index nest wheel more attractive

Last week, by the periphery of the stock market to make a good push, Hong Kong stocks in Monday Gaokaigao go, there was a surge, but then by the nine-point line of pressure, the week of 21 fell 500 points; The company closed its closing report at 18,679 points in Friday, with an increase of 532 or 2.9% over the whole week, which has been rising for 3 weeks.　　From the technical form, the Hang Seng index is temporarily subject to the level of 19,000 points, the high point seems to be not light, or need to deal with a more complex to break up, technically, it is advisable to keep 10-day average line (the line at 18,027 points in Friday), once the loss is weakened signal. Zhong (2628), A rise of $26.5 (HK $, same below) to 30 of the level of favoured, days in the 29 to 30 yuan between the whole solid, on the Wednesday, 30.8 yuan, cherish failed to stabilize 30 yuan above the close, on the Friday closed to 30 yuan, slightly up 0.15 yuan, but the transaction gradually reduced, rising power weakened.　　However, its Brin channel is widening, up to 30.2 yuan on the top of the rail, such as to break the stability of its, it is expected to challenge up to 32 yuan level. In Friday, Chinese banks were generally well established, and CCB (939) announced in Thursday that it had been assessed by the State administration of safe and China Foreign Exchange trading Center to undertake the work of the US dollar clearing bank.　　The stock trend has been steadily rising recently, but the stock price rose to close to 5.3 yuan level encounter resistance, days in the 5 yuan to 5.3 yuan level consolidation, once again up to break 5.3 resistance level, is expected to climb upward, challenge 5.7 yuan level, and short-term support is still 10 day line about 5 yuan level. In addition, investors or the experience of speculation about the HSI related products, more familiar with it, but the state-owned enterprises index or some investors are more unfamiliar, in fact, the state-owned enterprise index, as the name implies, is listed on the Hong Kong stock exchange of State-owned enterprises (or "H-Shares") of the composition of the index, the company's business in the mainland, , PetroChina (857) and so on, are the state-owned enterprises index components of the heavy stocks.　　Although the state refers to the composition of the stock is familiar, but in the derivatives market, the HSI Wo and Bear card, with the state finger wo and Cattle bear card is the popularity of the day, only from the capital flow to compare, has been dozens of times times the difference. Why is this phenomenon occurring? Is the state-owned enterprise index worse than the Hang Seng index?　　That's not the case, in comparison with the lowest level of October 27, 2008, the State indicated that the increase of 113% in early June this year, while the index of HSI rose by only about 71% in the same period, this shows that the performance of the state-owned enterprise indices is far more than that of the HSI. In my opinion, a place can only accommodate a representative index, and since the Hang Seng index has a long history in Hong Kong, the people of Hong Kong are more familiar with it and their feelings about it are deeply rooted, so the Hang Seng index will naturally become the most representative index in Hong Kong. While the business of state-owned enterprises does not exist in Hong Kong, investors in Hong Kong have not witnessed their business development, compared, it seems that the state-owned enterprise shares lack of a cordial. Therefore, even if some countries refer to the terms of the nest wheel or the bear certificate, they are more attractive than the HSI Wo or the Bear card, and the number of investors participating in the admission is still relatively small. Investors may be able to pay more attention to the performance of state-owned enterprise stocks and related Ngau bear certificates, or to explore more advantageous places.