Hang Seng Index to increase in afternoon

Source: Internet
Author: User
Keywords Bank of communications increase
Hong Kong stocks further rebound in the afternoon, the Hang Seng index is expanded to 308 points, or 1.76%, reported 17,846 points, a A-share in the afternoon to maintain a strong, no doubt positive Hong Kong stocks that the city's rebound. The big-fortune securities expect the city to fall further to digest the gains of the past few months, but the risk of falling is moderate, and the index should have strong support at 16500-17000 points.  The bank also believes the trend in the next few days will likely depend on the Fed's latest outlook on the state of the economy and interest rates, bullish on property stocks benefiting from low interest rates, especially property-rental income, which has stabilized. Blue-chip general rebound, real estate shares become a big dance to lower the city's tools, New World Development (0017-HK) rose 6.5%, to increase the crown; letter and Real Estate (0083-HK) rose 3.48%, Sun Hung Kai Property (0016-HK) and Cheung Kong (0001-HK) rose 2.41% and 0.63 %。 Chinese shares also performed well, with Bank of Communications (3328-HK) up 3.56%, China Ping An (2318-HK) and China Shenhua (1088-HK) rose 3.24% and 3.48%.
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