WO-wheel view: Hong Kong stocks re-exhibition rally pay attention to Hang Seng Index Bull Bear Certificate

Source: Internet
Author: User
Keywords Investors Hong Kong dollar Hang Seng index
The Hang Seng index rebounded further, following a 248-point rise in the Asia-Pacific stock market, which continued to expand, rising 18,341 points, and hovering around 18,200 in the afternoon, closed at 18,275, or 2.14%, and the market turnover continued to decrease to HK $60.2 billion. U.S. stocks, buoyed by a 5.5% per cent contraction in the first quarter of US GDP, surged in the three major indices, with the Dow rising 2.08% to 8,472 points, with a rise of 2.08% to 1830 points and an increase of 500 to 2.14% points for the S & P 920.  In addition, Hong Kong blue chips in the United States ADR market almost all made good, but HSBC contrarian decline, compared with the closing price of Hong Kong, 0.76% to 65.35 Hong Kong dollar. The rally is expected to open sharply. In addition, the next week will have a period of settlement and the fund for six months, the large is expected to occasion push higher index in the high settlement. From the technical point of view, the Hang Seng index yesterday on the 20-day moving average 18,310 points temporarily blocked, the deal did not see a significant increase, if today can stand 18,300 points, the future is expected to be repeated.  But investors have to be cautious as the fund ends in the year after the end of the July Hang Seng index of selling pressure or reproduction. If you continue to bullish on Hong Kong stocks, you can pay attention to the Hang Seng index 64838, 17,100 points back, the end of December 09 expires, such as light can pay attention to bear card 64842, recover the price of 18,800 points, due at the end of December 09. Remind investors that the risk of the investment warrants is huge, can lead to the total loss of principal.
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