Real estate stocks, raw materials stocks tumbled to the 15th EMA

Each trainee reporter Yang Ke to the weak U.S. economic data dragged investors confidence, the recent days of Hong Kong stocks low to go, and the second consecutive trading day lower. The New York State June manufacturing activity index fell 5 points from May, to 9.41, according to manufacturing survey data released late in Monday by the Federal Reserve Bank of New York.　　Further suggests that manufacturing conditions continue to deteriorate while the US economy is not really on the road to recovery. Affected by this light message, property stocks continued to rebound sharply before the rally, 39 real estate stocks, only 3 rose, of which poly assets (00208,HK), Hong Kong Xingye International (00480,HK) and Hang Lung Group (00010,HK) led the decline, and 6 property classification stocks, no one to avoid falling fate, Hang Lung Property (00101,HK), Sino Property (00083,HK) and China Overseas Development (00688,HK) declined by more than 3%.　　The property classification index has fallen 2.83% per cent recently, far exceeding its index. In addition, the international crude oil futures and gold and other commodity prices continue to fall, raw materials stocks have continued the weak trend in Monday, 13 raw material stocks fell across the line, of which Riven paper (02314,HK), Medium chemical fertilizers (00297,HK) led down, while Chinese-funded petroleum and petrochemical stocks, CNOOC (00883,HK) , PetroChina (00857,HK) and Sinopec (00386,HK) have not risen because of falling oil prices.　　In the Hang Seng Composite Industry index, the raw materials Industry index continued to lead the decline by 4.08%.　　The new Sun Hung Kai Securities strategist said that as global commodity prices have recently become too high, their prices will remain in a downward path in the short term, while manufacturing data from the US suggest that demand for raw materials has not warmed up, which will undoubtedly dampen optimism in the market.　　Tuesday, the mainland natural sodium sulfate producer-Asahi Light (00067,HK) on the first day of the stock exchange, attracted the attention of the market, its opening reported 2 Hong Kong dollar, the trend of the day, the close to 2.38 Hong Kong dollar, compared with the IPO price of 2 Hong Kong dollar 19%, turnover of HK $1.226 billion Yesterday, the HSI low opened nearly 263 points, with the industrial and commercial shares and real estate stocks fell and concussion lower, and once to 17859.74 points, the afternoon market in financial stocks and public stocks of a strong rebound, only gradually regained the decline before the fall, but the close still fall 15th EMA. The Hang Seng index closed at 18165.5 points, down 333.46 points, 1.8%, a day-by-day deal of HK $76.488 billion, above HK $65.35 billion in Monday; the index of state-owned enterprises fell 10716.32, down 161.22, or 1.48%.　　The red chip index closed at 3826.3 points, down 125.96 points, or 3.19%. Ye Shangzhi, the first Shanghai securities market strategist, told the Daily economic news that the bank had tried 19,000 points before, but was unable to match the volume, hinting that it was only a false breakthrough, and that the current high valuations in global equities, the Fed's expectations of higher interest rates pushed up the dollar, and property stocks, raw materialsBoth the stock and the factors of the phenomenon, HSI in the profit plate back to spit down significantly, but the initiative sell not serious and the Hang Seng index has not broken up waves, etc., all imply that the current has not changed, I believe that if the Hang Seng index can be stabilized 17,600 points of support, in the fundamentals of good cooperation, the future can still be higher.