Sunday 24 August 2014

HSI fell 0.25 % at opening and trading at 25,062.77 at noon


Key benchmark index of Hong Kong Stock Exchange Limited, Hang Seng Index (HSI) opened red as it lost 0.25 percent, i.e. 67.2 points over the weekend as investors sold off their holdings after Fed Chair Janet Yellen announced inflation among the conclusions of meeting with the central bankers.
HK Stock News

HSI traded at 25,062.77 losing 49.46 points or falling by 0.20 percent at 1200 hours HKT pm 25 August 2014.

Top Gainers on HK stock exchange, i.e. HSI index are:
  • China Petroleum & Chemical corporation soared 2.46 percent
  • BOC Hong Kong Holdings Limited raised 2.12 percent
  • AIA Group Ltd added 1.27 percent
  • PetroChina Company Ltd expanded 1.10 percent
  • Henderson Land Development Company Limited rose 0.99 percent

Laggards on HSI:
  • China Resources Enterprise Limited lost -2.73 percent
  • CITIC Pacific Ltd lowered -2.65 percent
  • Power Assets Holdings Limited fell -2.55 percent
  • China Shenhua Energy Company Limited slumped -2.37 percent
  • China Unicom Hong Kong Limited slugged -2.11 percent

HSCEI, H-shares opened at 11,026.33 lowered from its previous close at 11,058.69. H-shares traded at 11,048.16 shedding 10.53 points tipping down 0.10 percent at 1200 hours HKT on Monday.  

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Friday 22 August 2014

Gas and Oil stocks shine


Hong Kong markets signaled green in the third week of August ending on 22 as it gained 0.33 percent over the previous week. HSI opened at 24,994.10 on Monday and closed at 25,077.18 on Friday. The index hit six-year highest on Thursday and tumbled down after China's reported lower factory output and credit lines.
Forex


In the closing markets on Friday, Hang Lung Properties limited soared 2.84 percent, China Petroleum & Chemical limited surged 1.71 percent, China Resources Land limited expanded 1.51 percent, Wharf Holdings Limited added 1.39 percent, and Hong Kong & China Gas company limited climbed 1.33 percent.

Among Losers, China Resources Enterprise limited fell 5.38 percent, Li & Fung Ltd dropped 4.39 percent, CITIC Pacific Ltd slugged 1.86 percent, Sino Land Co Ltd shed 1.42 percent, and CNOOC Ltd decline 0.66 percent.

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Wednesday 20 August 2014

IPO's worth $54 billion ready to enter HK


Market of People's Republic of China, Hong Kong is running the bulls as investors are turning up to pick up stock offers. Companies trading in HK are willing to acquire funds through their first capital issues worth $ 54 billion as per the reported data in Reuters.
Forex Signals


The amount of IPO's added $ 1 billion to the previous highest record set in 2010. Although, investors are picking up stocks in the market now, their risk appetite to chip in for $ 54 billion is a rare fling. Therefore, the companies which are able to issue stocks faster will have a higher chance of raising their capital through investors.

The leading issuers retaining higher capital from investors are leading brand names like Samsonite, Prada, HK's top jewelry Chow Tai Fook and recently talked about Casino operator MGM China. Four of these famous brand names are planning to raise more than $ 8 billion on the back their brand value in HK and all over the world.

Stocks of these brand names are likely to trade higher as customer related stocks are rallying up in the HK markets. MSCI China Index reported HK listed retailers trading 20 percent higher compared to their 100 month average calculations on future price to earning ratio.

Not only consumer related companies but also banks are issuing in stocks in the financial center to raise capital for expansions. Citi Bank's HK venture Guangdon Development Bank along with Citic Group is going to add up $ 13 billion in its balance sheet soon. Beijing Shanghai is representing the highest railway industry issue amounting up $ 5 billion.

Several Chinese Banks are raising capital through IPO in HK markets including China Merchant Bank and Minsheng. Credit Suisse issue of $ 16 billion might change valuation of banking stocks in the market.

In the recent events which hit the Asian markets and as per the wide range of IPO's entering HK markets, investors are in for a treat. Issuers are ready to sell of their stake at a moderate rate, but it is the will of investors which will head the final valuation of shares in the market.  

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Tuesday 19 August 2014

HSI at 6-years highest with oversea inflows inflating with new government policies



Hong Kong stocks traded higher in the morning trade today, as the benchmark index, Hang Seng Index HSI, gained 0.07 percent rising to 25,009. It was a sunny morning in HK markets as HSI opened above 25,000 setting a new record after the last one set on 22 May 2008.
Forex

Foreign investors are buying Chinese companies' stock from Hong Kong (HK) markets as yuan traded shares are starting among the most profitable deals pumped up by under-valuation of equity shares.

China's new government set in new policies and reforms aiming to attract oversea investors which has brought in billions of dollars through HK stock exchange. Market researchers are betting on the new policies as they said, "After four years of tough trades, Chinese companies opened up the buy option with market reforms attracting investors to gain on cheaper values."

Analyst are expecting some switching from investors from the stocks who are not performing or under-performing as compared to the opportunity presented to them from the expanding Chinese economy.  

Exchange Traded Funds (ETFs) qualifying with the Renminbi Qualified Foreign Institutional Investor (RQFII) grew recording final investments worth $1.33 billion (equals to 8.2 billion yuan) in July. It is the highest record set in through ETFs since the last record of 2012 in December.

Foreign investments floated in China through CSOP FTSE China A50 ETF. The flashing top positioned overseas attractor gained 6.8 billion yuan in its portfolio. The second star which received 2.4 billion yuan is Bosera FTSE China A50 Index ETF.

Yuan added 2 percent over its 18-months lowest point last set in April 2014. This recovery of the value of currency market a reviving markets which strengthened the market base further.

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Thursday 14 August 2014

HSI at 3-year highest yesterday; declined in the morning trade on Thursday 14 August 2014


Shares in Hong Kong (HK) markets showed a mixed bigger picture as Gaming stocks brought the key benchmark of the global city to three higher at the closing on Wednesday. Investors considered various moving investments which opened the market flat in the morning.
Forex

On one hand where casino led Hang Seng Index (HSI) to its top value in more than three-years on the chart, China's internet major Tencent Holdings Limited slugged after HSBC Holdings Plc down-rated its stocks in the market. 

China Overseas Land & Investment Limited shed 2.5 percent following mainland developers fall on the stock exchange. SJM Holdings Limited gained 4.9 percent on the influx of positive sentiments in investors as the gamer posted more-than-expected earnings in the first quarter.

HSI dropped 0.1 percent coming back to 24,871.55 in the break time in HK markets balancing the morning rise of 0.1 percent, further after the break at 1300 hours HSI traded at 24,881.20. Hang Seng China Enterprises Index (HSCEI) showed the trading of China's HK listed companies' on the same trend today as the index fell 0.4 percent to 11,154.67.

“HSI climbed closer to its four-year highest on Wednesday,” therefore investors are recording profits, said HK researcher “The market raised hopes of investors with a steep gaining record by Gaming stocks. Tencent shadowed the real gaining as it fell in the market whereas it is one of the bulling stocks in the markets now.”

Shares soared in trades yesterday in the evening, reviving losses as China published lower new credit and industrial output over estimated by analysts, which raised hopes that government is adding up a support stimulus to expand market growth. HSCEI climbed 22 percent compared to year’s low in March on Wednesday exchanging at 7.8 times estimated earnings, HSI at 11.5 and Standard & Poor’s 500 Index at 16.3.


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Wednesday 13 August 2014

HSI swinging on high and lows, Lenovo 1.4% down, Tencent and Ping shed 0.3%


Shares in Hong Kong (HK) markets played short deals on Wednesday, as some shares grew a little and others shrunk a little. The trend of fluctuations started with the benchmark index, HSI (Hang Seng Index) which opened 0.1 percent higher continued for most of the listed shares. 
forex signals

HSI opened 0.1 percent higher, expanded to its intra-day high at 25,796.19 surged by 9.79 percent at 1032 hours HKT. In the trade today, HSI dealt flat after decline at 0.23 percent compared opening script of the day. 

Lenovo Group Limited, one of the top computer manufacturers, lost 1.4 percent today after soaring at 3.6 percent yesterday. Stocks of the Chinese computer developer gained attention from top financial firms of the world including Deutsche Bank and JP Morgan as they increased the following price mark of the company at the rate of 0.6 percent.

Tencent Holdings Limited, biggest e-commerce firm in the Chinese land, fell over 0.2 percent breaking its 3-day winning streak. Insurance major Ping An Insurance Group Company climbed 0.3 percent on support from hiked premium income of the company of 24 percent. Mainland's benchmark index, Shanghai Composite Index traded flat lowered by 0.69 percent.

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Monday 11 August 2014

HSI in red falling by more than 0.1%; Asian equities swinging in highs and lows 12 August 2014



Trades in the Asian countries swung in highs and lows giving the investors and opportunity to gain in short-term trades. As the market data looked optimistic trading volumes surged for the second session in a row. 
Forex Calls

America's most popular trade representative index Dow Jones Industrial Average surged 0.1 percent at the closing day, one of the lowest points in recent scripts. 

Standard and Poor's 500 index, which publishes financial growth of US markets lowered its growth to 0.3 percent higher closing with support from Technological major Nasdaq, which soared 0.7 percent bagging the first place in its sectoral growth. 

Chicago Board Option Exchange (CBOE) volatility index (VIX) escalated to close at 15 after rallying to 14.18 in the records of previous month. 

In Russia, President Vladimir Putin quoted, "Russia is working with International Red Cross association to help people of Ukraine by send in humanitarian help." His statement calmed down the geopolitical fear in investors which reduced the steep falls of market indices to a smaller fall.

Shanghai Composite Index, representative of Chinese equities shed 0.52 percent equal to 11.68 points bringing down the benchmark level to 2,212.98. 

Hong Kong's benchmark Hang Seng Index (HSI) opened lower by 0.10 percent which pulled out 24.84 points bringing the total level to 24,621.18.

Nikkei, showed positive Japanese markets as it gained 0.35 percent to 15,183 adding 52.48 points. Benchmark of Singapore Strait Times Index rose 0.3 percent expanding to 3,315.92 with 9.47 points in the opening call. 

Seoul Composite Index, expanded 0.24 percent, i.e. 4.95 points bringing South Korea's index data to 2,044.32. Taiwan Weighted opened flat at 9,167.61.



Friday 11 July 2014

Properties pushed the HK benchmark index up and utilities slipped 11 July 2014



Shares in the Hong Kong markets showed mixed results where property sector surged by more than 1 percent. 
Hong Kong stock picks

Hong Kong stocks swung between gains and losses as property companies led the city’s benchmark index higher and utilities slid.

Shares of Henderson Land Development Co. jumped 1.8 percent. HyComm Wireless Ltd. doubled after China Qingdao International Holding Co. proposed to purchase its text-messaging service. 

After a report from the government did not  encourage private investment in the power-distribution sector,China Resources Power Holdings Co. slipped 1.3 percent.

The Hang Seng Index climbed 0.2 percent to 23,274.38 as of 10:49 a.m. in Hong Kong after detailing as much as 0.4 percent. 

The biggest drop since the period ended May 9 might be the next highlight as the gauge is citing 1.2 percent decline this week. H-share index,also known as Hang Seng China Enterprises Index, gained 0.2 percent to 10,384.62. Global shares slid overnight amid concern about financial risks in Europe. The gauge is trading at 10.8 times estimated earnings at the last close. 

“Even though most markets are dealing carefully keeping a check on the European situation. Optimism in investors is rising for the ever-growing HK market,” vice-president of a reputed security analytical firm in Hong Kong, said. “If the inflow of money into Hong Kong follows the same trend, the Hang Seng Index (HSI) will be  crossing 24,000 level. Hong Kong stocks are extremely cheap, having delayed the fall which hit other developed markets.”

The Hang Seng Properties Index gained 0.5 percent today, two days in a row today. Properties are recovering their steepest fall recorded on July in two months. 

A popular security management group quoted, "Mass-residential property prices in Hong Kong are most likely to surge 3 percent in 2014," changing from the previous prediction of a 5 percent drop.  

The Hang Seng Index dropped 0.3 percent this year through yesterday, paring losses amid signs the economy is stabilizing as China rolls out targeted stimulus measures including reserve-ratio cuts. 

In an action to maintain the city’s 31-year-old currency peg, HK's de facto central bank bought $1.33 billion this week. China Resources Land Ltd. climbed 1.6 percent, easing profits among mainland homebuilders amid signs of loosening property curbs.

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Wednesday 9 July 2014

HK market's fall is a correction overwhelming growth 9 JULY 2014


China's consumer price inflation declined unexpectedly in June, indicating weakness in the economy, which could prompt Beijing to further stimulate actions to shore up growth.
HK Stock Picks

Hang Seng Index reported loss of 1.2 percent to 23,248.43 at mid-day, after closing at 0.1 percent low movements in the last four sessions.

The China Enterprises Index representing top Chinese listings in Hong Kong slipped 1.1 percent.

The CSI300 of the leading Shanghai and Shenzhen A-share listings fell 0.5 percent. Shanghai Composite Index followed the downgrading trend declining 0.4 percent at 2,056.89. Both closed at their highest since mid-June on Tuesday.

HK market analyst said, "Reporting spread out some strong sentiments in the markets. A lot of selling recorded in the market till now."

Wednesday's fall out is, "just a correction to an overstretched rally," an economist quoted. Shares in HK markets surged to seven month's high following the impulsive sentiments of the market.

Tencent reported its worst daily drop since May 29 at 2.9 percent. Major influencing factor for it's dragging is weak US economy last night. Nasdaq's over night falling pulled down most HK stocks. HSBC Holdings PLC, the second-biggest slidder on the index after Tencent, dropped 1.1 percent.

Chinese banks made the top under-performers list. Bank of China slugged 2.0 percent in Hong Kong and 0.8 percent in Shanghai. Smaller lender China Minsheng Bank slumped 1.0 percent in Hong Kong and 0.8 percent in Shanghai.

On Tuesday, Singapore sovereign investor Temasek Holdings Pvt Ltd holds 6 percent stake in China Construction Bank (CCB) and a 2 percent stake in Industrial and Commercial Bank of China. The company said, "we would keep investing in Chinese banks unconcerned about the temporary slowdown in portfolio growth due to a drop in the value of some of its bank holdings."

CCB's H-shares drowned 0.9 percent to a 1-1/2-month low. Daiwa Capital Markets dropped the rating of CCB by two notches from "buy" to "hold" on Monday, looking at the property market's steep falls.

Luye Pharma Group broke records as it stood alone gaining the slumping markets. Shares of recently listed Luye climbed 11.3 percent on its Hong Kong debut.

The growth is encouraging prospects for other so-called "China orphan" firms. China orphan is the term referred to companies which were delisted by private equity firms from overseas bourses to relist closer to home, where demand for Chinese firms is seen as more vibrant. In Luye's case, the move from Singapore Stock Exchange to HK.

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Monday 7 July 2014

Shares in HK markets are falling fast as pressure inflated | Hong Kong stock Market News 7 July 2014


Hong Kong shares dropped today with Macau casinos under selling pressure after last week's strong rebound, while China markets lowered as investors await major economic data later this week.
HK stock Calls


At midday, the Hang Seng Index slipped 0.2 percent at 23,494.96 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.1 percent.

The CSI300 of the leading Shanghai and Shenzhen A-share listings and the Shanghai Composite Index were both off 0.3 percent. The Shanghai benchmark stood at 2,052.42 points after choppy morning trade.

Shanghai-based research analyst said.
But Zhang warned about risks from speculating on small caps"The active stocks are mainly those new listings and small caps".

Property developers expanded gains, with the CSI China Mainland Real Estate index up 1.2 percent to its highest since April 25.

China Vanke surged 3.1 percent in Shenzhen and 2.7 percent in Hong Kong, following gainings of 3.9 and 8.2 percent in the two markets on Friday after the largest residential property developer said first-half contract sales were up 20.6 percent from a year ago.

"There's the rising tide but also the falling tide. In the long run, if these companies cannot sustain profit growth, you may face relatively big risks if you drive up these stocks," Analysts said.

Poly Real Estate Group advanced 2.2 percent, after the National Business Daily reported on Monday one luxury projects has been approved in Beijing at the price of about 100,000 yuan ($16,100) per square meter, a sign that the capital city has loosened its restrictions on housing prices.

Chongqing Iron & Steel, which climbed 6.3 percent on Friday after a partnership with Korean steelmaker Posco was announced, dropped 4.7 percent after the Chinese company said that tie-up would have no material impact on its results, as the benefit would go to its parent.

A leading loser on the Hang Seng was Sands China, which fell 2.7 percent. Galaxy Entertainment Group, which climbed 11 percent last week, sank 1.8.

Great Wall Motor slipped 4.0 percent in Hong Kong and 0.9 percent in Shanghai after June sales declined.

Beijing is due to post June inflation data on Wednesday, trading data on Thursday, with loan growth and money supply data to be declared between July 10 and 15.

Second quarter GDP growth is scheduled on July 16, as are monthly urban investment, industrial output and retail sales figures.  

Thursday 3 July 2014

外汇交易服务 | HK markets weekly report including HKMA in FOREX, H-share rise and China 4 JULY 2014


First week of July reported Hong Kong's first foreign exchange involvement in almost two years to curb currency strength and analysts expect more of the same in the weeks ahead.
hk stock picks

The reason behind this intervention as per analyst is, "renewed optimism towards China's equity market and strong flows into Hong Kong's bond and stock markets should keep upward pressure on the Hong Kong dollar".

The Hong Kong Monetary Authority (HKMA), the city's regulator central bank, said on Wednesday it bought $2.1 billion over two days to contain gains in the local currency.

Official data this week showed China’s factory activity ran at the fastest pace this year in June. A services purchasing managers’ index was the highest since March 2013.

The H-share gauge closed this year’s fall at 3.4 percent. Government shortlisted targeted pointers including reserve ratio cuts to fight the slowdown. The measure traded at 7.3 times estimated earnings at the last close, referred to Hang Seng Index at 10.9 and 16.7 for the Standard & Poor’s 500 Index.

Hong Kong’s May retail sales by volume fell 4.7 percent from a year earlier, exceeding economists’ median estimate for a 3.8 percent dropped, while sales by value slipped 4.1 percent, the city’s government said on its website yesterday.

Hong Kong is often said to be a probing entity for China. Therefore, investors who are looking for exposure for trading in Chinese markets often buy assets in Hong Kong first.

The Hang Seng stock index is up 3 percent over the past five days with unpredicted performance. HSI surged 2.6 percent in MSCI's broadest index of Asia-Pacific shares outside of Japan.  

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Tuesday 1 July 2014

HK Stock gained breaking the highest record since December 2 July 2014


Hong Kong stocks surged, as the benchmark index headed for its highest since December. China’s factory activity expansion at the fastest pace this year is the primary reason behind this steep rise. 
Hong Kong Stock Exchange

Galaxy Entertainment Group Ltd., the gaming company controlled by billionaire Lui Che-woo, rose 2.6 percent as Bank of America Corp.’s Merrill Lynch unit said "Macau casino revenue will revive this month." Anhui Conch Cement Co., China’s biggest producer of the building material, jumped 2.1 percent. Li & Fung Ltd., the world’s biggest supplier of clothes and toys to retailers, climbed 1.6 percent in the positivity run for its Global Brands Group spinoff. 

The Hang Seng Index (HSI) rose 1.1 percent to 23,348.13 as of 10:25 a.m. in Hong Kong,  for its highest close since Dec. 10. The Hang Seng China Enterprises Index, also known as the H-share index, rose 0.5 percent to 10,386.06. Markets in the city were shut for a holiday yesterday. 

“Investors remain quite positive, helped by encouraging Chinese manufacturing data,” said Market research expert. “If the Hang Seng Index fails to break through the 23,500 resistance level in the near term, pressure for a correction may increase.” 

China’s official gauge of factory activity released yesterday closing at 51 in June, matching analysts’ median estimate and rising from 50.8 the month before. A survey of the sector showed growth from to 50.7 from 49.4 in May. Readings above 50 signal growth. 

The H-share index fell 4.5 percent in the first half as investors weighed whether China’s stimulus was enough to prop up growth. The measure traded at 7.2 times estimated earnings at the last close, compared with 10.8 for the Hang Seng Index and a multiple of 16.7. 

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China announces Shanghai-HK mutual stock market access


一項試驗計劃,連接上海和香港股市已通過中國的證券監管機構。
Hang Seng

內地與香港之間的相互股市的訪問將允許內地和香港投資者到其它的市場上很容易地進行交易,根據上週四的聯合聲明由中國證券監督管理委員會(中國證監會)及香港證券及期貨事務監察委員會。

這將需要大約六個月的正式推出該計劃的準備,聲明說。

該方案將使投資者交易通過當地的證券公司或經紀人的其他市場上市資格股,該聲明說。

該試點將在上海證券交易所,香港聯合交易所(香港)有限公司,中國證券登記結算有限責任公司和香港中央結算有限公司的運作,它說。

Sources - http://news.xinhuanet.com/

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Friday 27 June 2014

Hong Kong Hang Seng Index | Stock Quotes and Picks 27-06-2014

The Hang Seng index is closed at 23,221.52 with 23.69 points or 0.10 percent up movement.


Top Gainers and Losers in HSI

Top Gainers :


Aia Group Ltd

 China Mengniu Dairy Co

Want Want China Holdings Ltd





China Resources Power Holdings




Top Losers :

Hengan Intl Group Co Ltd
Hsbc Holdings Plc
 Kunlun Energy Co Ltd
China Overseas Land & Invest






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Sources : www.bloomberg.com