Hong Kong stocks 5 years to see the first gold Cross analyst material July roll Over

Under the market, the technical trend of the Hang Seng index reflects the "golden Cross", which is the 50-day average line rising through 250-day line, is the first time since September 04.　　The market is expected to support the city at 17,600 this week, according to the securities industry, which was largely affected by the plunge in U.S. stocks and the dollar's strength, worrying about the withdrawal of funds from emerging markets. According to Wen Wei Po, Deng, director of the Securities Research department, said U.S. stocks tumbled more than 2%, with the dollar and yen rising, and the market worried that capital would flow out of emerging markets, plunging Hong Kong stocks.　　However, he said that as the United States continued to "print money", the funds need to find a way out, the short-term funds will not flow out of Hong Kong, but because the stock has accumulated a certain increase, retail investors should wait to change.　　As for the emergence of a "gold cross" in the city, Deng Hing believed that the stock market would continue to have consolidation in the short term, but it was estimated that by July, it would meet with a larger increase, with an opportunity to rise above 20,000, when retail investors could also consider "entering the market". Analyst material Big City July turn over Fortune Securities managing director and Chief Executive Officer Huangshao said that the rise of the Hong Kong stock market is driven by capital, the volatility is very high, and the funds can be inflow or outflow at any time, the current unpredictable funds to withdraw from Hong Kong, I believe the current rally is unlikely to continue.　　Huangshao said that the current global real economic situation has not improved markedly, countries need to face rising unemployment, deflation and other issues, believe that the economy may not be able to recover soon, he reminded investors to beware of risk. Dun Yan Financial Research director Guo Jiayao said that the periphery is weak, although the Hong Kong stock has lost 18,000 points, but in the afternoon, the Chinese financial stocks to take advantage of the low absorption, to help Hong Kong stocks decline narrowed.　　One of the construction Bank (0939) reverse the city made good, brilliant ideas 5.73 yuan, a day up 1.42%, close to 5.71 yuan, BOC (3988) tail City pumping high, turned up, close to 3.73 yuan, + 1.08%. Short-term 17,800 will be supported Guo Jiayao that Hong Kong stocks in the fall through the 18,000 point immediately after buying, materials in the short term will be supported in 17800-18000 points, but if Hong Kong stocks fall through the 17,700 point level, the future will have the opportunity to appear more in-depth adjustment.　　In addition, the shares of the Hong Kong Stock Exchange (0005) afternoon after the opening of the European market opened up to $67, which also helped to catch up with HK stocks, closing at $66.6 and falling 2.06%.　　Real estate and industrial and commercial shares led to the decline, hang lung property (0101) fell 6.62%, the close of 24 yuan, is the worst performing blue chips, New World Development (0017), Wharf (0004), Letter (0083), Heng (0012), Swire A (0019) declined more than 2-4%. Pingpao (2318) to carry out an increase in the deep development of equity to the upper limit of 30%, but foreign pointed out that the new bridge to sell the deep development stake to the flat to protect the resistance more and more, Ping Bao City reported 54.25 Yuan, fell 5.07%.