The country refers to the midday fall of 172 points after China Ping An resumption of the lower

Source: Internet
Author: User
Keywords Stock price equity signal morning market
Tags consolidation cross formation index market ping short-term stock
Hong Kong stock morning highs consolidation, at noon to the 18,606 point, down 283 points, or 1.5%, the turnover reduced to HK $37.589 billion. That the city is obviously subject to the weakness of the mainland stock market, at the same time under a decapitated, speculation atmosphere temporarily affected, but the Hang Seng index morning adjustment of the low point, on the 10th line clearly see support, have the opportunity to become the first strong short-term support. At the same time, other technical indicators also issued an optimistic signal, the 50-day line has climbed to 16,607, approaching now at 16,760 near the 250-day line, the formation of gold cross in the week has become a foregone conclusion, will be the medium-term positive signal. If the periphery of special United States does not have a big light, I believe that Hong Kong stock futures are still in the upward space, of course, the top priority of the Hang Seng is to break the small double roof of the adverse situation.  Earlier this month, the first to see the Golden Fork of the state-owned enterprises index also fell 172 points, or 1.55%, to 10,916 points. 90% of blue-chip stocks fell with the big city, Foxconn International (2038-HK) was sung by Merrill Lynch, fell 3.55%, HSBC Holdings (0005-HK) to sell the UK credit card business, the share price dropped 2%, drag the performance of the index, property stocks continued to decline, the letter and real Estate (0083-HK) fell 3.08%  , Sun Hung Kai Property (0016-HK) and New World Development (0017-HK) fell 2.53% and 1.87%, while Cheung Kong (0001-HK) fell 1.59%. Chinese stocks, China Ping ' an (2318-HK) after the card fell 3.05%, the acquisition of the deep development of the stake in the news after the lower, the market for both trading after the synergy effect of the cautious attitude. The premium acquisition supports the valuation of other internal banks, with CCB 0939-hk 0.18%, ICBC (1398-HK) and Bank of China (3988-HK) falling only 0.38% and 0.27% to win the big city. PetroChina (0857-HK) fell 2.26%, ignoring Jiangsu projects approved. The same Sinopec (0386-HK) was also not supported by the parent company's bid for a stake in the London-listed oil company, down 2.04%. China Shenhua (1088-HK) May production data was strong and its share price fell 1.65%.
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