This material continues to hype different plates

Rich Securities Zhangzhihao Support: 16400, 16,000 point of future resistance: 250 days after the beginning of the first round of the rally, Hong Kong stocks last week to vomit, the index of the whole week closed down 599 or 3.45%, of which the HKEx (388.HK) The most urgent decline, the whole week closed down 12.3%. Tencent (700.HK) first-quarter performance is better than expected, a number of foreign capital to increase their investment rating, the whole week against the city rose 8.2% into the performance of the best blue chips. State-owned enterprises are now larger, falling 4.4% per cent throughout the week. Last week, the mainland's export figures were not picking up, export stocks were affected, although the Baltic Dry bulk index rebounded, but shipping stocks did not see support, of which CSCL (2866.HK) fell 10.3% to the largest decline in state-owned enterprises component stocks. and the CMB (3968.HK) rose 4.9% to the largest increase in the state-owned enterprise component stocks. In the gold ratio, the index will find its first line of defense near 16,450, while the second line is at 15670 levels.　　However, as the balance of the banking system continues to be high and interbank lending continues to be low, it is believed that Hong Kong stocks will be easy to rise and fall after adjustment. The Hong Kong Government announced that economic growth had fallen by 7.8% in the first quarter of this year, well below the market's expected negative 5.3%, the worst quarter since the 3rd quarter of the Asian financial turmoil in 98, and this year the government has lowered its forecast for economic growth this year. But with a bottoming out of the US housing market and a rebound in the mainland economy, it is likely that the economy may be stabilizing in the second quarter.　　Investors should not be too optimistic as the unemployment rate has not stopped and there is still a chance that Hong Kong's economic growth will continue to be low. The index closed last week failed to stabilize the 17,000-point level, the increase in space is limited, obviously under the 250-day average line. At this stage, the strategy should be low absorption. But with the money still plentiful, it is unlikely that there will be another plunge. I believe this week at 15600-16000, the city should find some support. Funds continue to take turns to hype different sectors, investors may wish to continue to pay attention to the beginning of last week's mainland two or three-line real estate stocks trend.