Hong Kong stocks closed up 893 points to record New Year

Hong Kong stocks in the period of the settlement day in advance for investors to send a dragon Boat Festival gift, by the U.S. consumer confidence index better than the expected stimulus, the period refers to the large number of crazy with a light warehouse, led to the spot day of the basic 45-degree angle of the unilateral upward trend, 250 days and early small double top resistance level breakthrough, set 17,984 points of the year high, Again approaching the 18,000 point mark, collected to 17,885 points, a single day rose 893 points, or 5.26%, the turnover surged to HK $93.056 billion.　　May period refers to the settlement price of 17,686 points, June small low water 26 points. Both sides of the financial unit, Bank of China (3988-HK) and the Bank of Communications (3328-HK) rose 9.49% and 6.49%, HSBC Holdings (0005-HK) rose 5.77%, Construction Bank (0939-HK) rose nearly 5%, four shares of the total index brought 350 points of increase Property stocks continued short-term speculation, Henderson Property (0012-HK) and Hang Lung Estate (0101-HK) rose 7.71% and 5.8%, Sun Hung Kai Property (0016-HK) and Cheung Kong (0001-HK) rose 5%, further pushing up the Hang Seng index 75 points, but the same kind of New World development (0017-　　HK) fell 0.28% against the city, the only blue chip that recorded a decline.　　Hong Kong stocks are far from winning other markets in the region today, traders analysts said the US consumer confidence data victory was a confirmation that the US economy was out of the woods and that interest rates remained at very low levels, which laid a good foundation for the rise in asset prices in Hong Kong, and that consumer confidence data were forward-looking and supportive of the outlook for the future. Dahua follow-up analyst said that the rally was driven mainly by short positions, which expired in May, but also believed that the buying of local property stocks was stronger than expected, but that the buying trend lagged behind stocks, such as Chinese financial stocks, as investors or renewed concern about China's economic stimulus　　It is expected that the HSI will soon test 18,000 points. Dragon Boat Festival holiday, Hong Kong stocks Thursday closed, Friday resumption of trading, I wish fame happy holidays!