Futai comments: Hong Kong stocks fell and began to weaken the trend of HSI

Source: Internet
Author: User
Keywords Go on New world.
Tags closed financial financial stocks high index market opened opening
Hong Kong stocks 18th early low drive low, continuation of the recent decline in the trend. The Hang Seng Index opened its early 17955.68 points, opening 128.92 points or 0.71%.  The index then fell to a minimum of 17655.82 points, and at the end of the morning, the HSI reported 17,728 to 08, down 356.52 points, or 1.97%; The US stock market closed most of its shares in Wednesday, falling as commodity and financial stocks weakened.  Although the Dow and the S & P indices have fallen relatively limited, the trend is still weak as the trend continues to be weaker and the lower of the index is lowered by standard and Poor's investment rating in many US banks. Blue-chip stocks generally fell, the 00005-hk fell 1.05%, Hang Seng (00011-HK) fell 0.55%, BOC Hong Kong (02388-HK) fell 1.22%, the real Estate Unit development, (00001-HK), New Land (00016-HK) and Heng Land (00012- HK) fell 1.8% to 2.13%; New World Development (00017-HK) fell 5.22%.  The recent strength of the Chinese bank shares also soft, CCB (00939-HK), ICBC (01398-HK) and BOC (03988-HK) fell 2.64%, 3.57% and 3.13% respectively. The mainland shares continue to remain strong today, and Hong Kong stocks are expected to rebound again from their lows in the periphery. However, the trend of the short-term HSI is indeed weakening, particularly the MACD of the HSI has already had a bear gap, and whether the 18,900 to 19,100 point of the double top will be confirmed, is also a worry. At present, the support position below the HSI is at 17600 level.
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