Futai comments: Hong Kong stocks high consolidation of Chinese stocks upside down

Hong Kong stocks 8th early plate back shun, continue to high level consolidation. The index was slightly lower at 157.74 or 0.84% early this morning, opening 18521.79 points.　　Subsequently, under pressure from property stocks and bank shares, the index fell by more than 400 points to 18244.91 points and rebounded under the leadership of the Chinese stock, with the Hang Seng index closing at 18,544.26 points, down 135.27 or 0.72%, and HK $40.276 billion. Although the decline in non-agricultural jobs in the United States was smaller than market expectations in May, the impact of rising unemployment was offset; New York Stock Market 5th, the three major index of the final plate changes little, the Dow Daily small rise, Asia-Pacific market 8th continued decline.　　Affected by this, Hong Kong stocks early low open, but this morning a a-share rebound, led to a general rally in Chinese stocks. Blue-chip soft, today is the first trading day after the Hang Seng Index component stock adjustment, the 00005-HK fell 1.22%, Hang Seng (00011-HK) fell 2.2%, BOC Hong Kong (02388-HK) fell 1.84%, real estate chief (00001-HK) fell 1.88%, new land ( 00016-HK) fell 3.27%; New World Development (00017-HK) fell 3.09%.　　Chinese bank stocks down, CCB (00939-HK), ICBC (01398-HK) and BOC (03988-HK) fell 0.19%, 1.22% and 0.84%. In May, the decline in non-agricultural jobs in the United States was smaller than market expectations, indicating that the global economy is still moving towards stability and that there is no clear outflow of capital from Hong Kong equities, and that the short-term adjustment of Hong Kong equities is expected to be moderate in the near future as the majority of the surrounding markets remain strong,