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.