Sun Hung Kai Finance predicts strong Hong Kong stocks to extend to early July

Source: Internet
Author: User
Keywords Fund Strong
Sun Hung Kai financial strategist, Peng Wei-wen, believes that the overall stock market trend is still strong on the settlement day and 30th, and expects the strength to continue until early July, after which the trend depends on the performance of the U.S. stocks and the mainland a-share. Sun Hung Kai financial strategist Peng Wei-wen said June 29 that the above cycle refers to the very frequent turnover, mainly because 29th is the date of the June term of the contract, although the overall market situation is still not consistent, especially in the periphery, but it is believed that Hong Kong stocks are closed for six months on the settlement date and 30th (this Tuesday).  Overall stock market trend will still be strong, the trend will be expected to continue until early July, after the trend is still dependent on the U.S. and mainland a-share performance. Hong Kong stocks are expected to develop only individually in the periphery last week, there will be a chance to vomit a little at the opening of the early paragraph, but the decline is still limited, and it is expected that the Hang Seng index will be lowered by 100 points by 18,500 points by 29th, but if the mainland stock market continues to be good, it may result in a rebound in Hong Kong stocks by the afternoon, Between 500-18 and 800 points.
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