Hong Kong stocks are expected to have a three-quarter adjustment this week at 17,600.

Source: Internet
Author: User
Keywords Market conditions
Tags analysts analysts expect consumer consumer confidence demand economic economic growth economic recovery
The mainland will announce its second-quarter economic growth this week, and US financial institutions are announcing their results.  Securities analysts expect the Hong Kong stock market to be soft on the periphery today, the 50-day line of the Hang Seng index this week, or 17,600, if you can not hold 17,600, or have the opportunity to try 16,800, the third quarter of the HSI downward adjustment opportunities. Influenced by the expected impact of the consumer confidence index, in addition to the international oil price fell through the 60 dollar level, the three index of the U.S. stock market in Friday generally downward, the Dow fell 0.45%, the whole week down 1.6%, in the form of the United States pre-depository Securities (ADR) listed Hong Kong stocks are also generally downward, in China Unicom (0762) ADR significantly lower An equivalent price of 10.62 yuan, compared to Hong Kong stocks in Friday, the price fell 1.5%.  The overall performance of 8 Hong Kong stock ADR is equivalent to pushing down the HSI 10.9 points.  According to Wen Wei Po, Jin Li Fung Securities Research department director Huang several expected, Hong Kong stocks today soft, the Hang Seng index or on the 50-day line, the stock Hong Kong will vomit in the third quarter, but the Hang Seng index or up to 16,000 points, he bullish policy benefits such as coal, steel and retail shares. BMI Fund Management President Shen Qinghong, as U.S. companies will enter the peak performance this week, U.S. stocks repeatedly, expect Hong Kong stocks to continue this week repeatedly up and down, in 50 days line that 17,600 points favoured, resistance point 18,000, if the Hang Seng index can not hold 17,600 points, then have the opportunity to try 16,800 points,  In the third quarter, Hong Kong stocks have a big downward adjustment, and if the vision of a global economic recovery is not realized, the HSI may have a chance to try 15,000 points.  Shen Qing Hong Yu said that the current market is looking forward to  economic recovery, if the economy is recovering, the Hang Seng index or have the opportunity to try 22,000 points, bullish on Chinese stocks, especially domestic demand shares, because domestic demand stock to benefit from the mainland domestic demand is strong, not affected by the external environment.  Top 30% Sun Hung Kai financial strategist Peng Wei-wen said as the market has not announced new news recently, the city trend of quiet, plus a A-share in the consolidation, material this week the market continued to calm, the Hang Seng index will be in the 17,500-18,200 point, the third quarter rampage, between 16,500 to 18,800 points wandering. The mainland's fourth-largest air conditioner manufacturer Zhi Gao Holdings (0449) will be officially listed in Hong Kong today, Huang a few estimates of up to 30%, recommend investors in this level of profit from the field, because the recent IPO is fired high, and then see back the basic factors are down, although the chi-high holding industry ranked fourth, but its customers in arrears at a high level , investors should not hold the long-term.
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