Future trend depends on May economic data

-HK Zhiyuan Investment advisory Hong Kong stocks fell for the second consecutive trading day, Tuesday in the fall of important support bit 18,000 points, breaking the continuation of multiple trading days of high volatility pattern, weakening trend. But surprisingly, when the Hang Seng index fell to 17,773 lows, the buying suddenly emerged, the HSI launched a V-shaped reversal, once turned to a rise, close to 18,058 points, down 1.07%, the big city deal continued to reduce to HK $71.9 billion.　　From the plate to see, the more empty double head favoured fierce, short slightly dominant, but the market is still strong desire to pick up goods. At present, the series of May economic data to be released by the mainland this week will be a key factor affecting the recent trend of Hong Kong stocks due to the relatively light local news. The main data include consumer price index (CPI), manufactured goods price index (PPI), export, retail sales and new loans. Among them, according to the banking sector sources, China's financial institutions in May the new renminbi loan breakthrough 600 billion yuan, higher than the April 591.8 billion yuan, also higher than the Friday market 500 billion yuan.　　If the new loans remain stable, then the mainland economy is expected to maintain growth, which will help Hong Kong stock futures higher, but before the key data released, investors cautious, I believe that after the data is clear, the trend of Hong Kong stocks will be clearer. If the Hang Seng index is expected to move higher, pay attention to the subscription card 17144, the exercise price of 19,000 points, due at the end of November 2009, if the light can be paid attention to the call card 16957, the exercise price of 16,800 points, due at the end of November 2009. Remind investors that the risk of the investment warrants is huge, can lead to the total loss of principal.