Hang Seng skyrockets on news and rumours of stimulus
Property and technology companies showed some of the strongest reactions to this week’s news, up on average 7% and 7.3%
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HK50 gave back all of its gains over the past month
<Fundamental>
BYD and Li Auto dropped by 5.57% and 7.29%, respectively, exerting a decisive impact on the decline of
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Hang Seng's rally seems stable for now
The Hang Seng is nearly unchanged from where it started the year. Some of the strongest gainers of the index in recent days
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Gold tries to test $2000 ahead of FOMC publication
The Hang Seng index has been under pressure recently amid a plummeting Nasdaq and the continuation of escalation in the
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Hang Seng (HKFE) (V4) Intraday: further advance
Our preference: Long positions above 22515 with targets @ 23500 & 23700 in extension.
Alternative scenario: Below 22515
Chart + Price target(s)
Hang Seng Intraday: continuation of the rebound
Our preference: Long positions above 22550 with targets @ 23550 & 23750 in extension.
Alternative scenario: Below 22550
Chart + Price target(s)
Hang Seng (HKFE) (V4) Intraday: further advance
Our preference: Long positions above 22515 with targets @ 23370 & 23700 in extension.
Alternative scenario: Below 22515
Chart + Price target(s)
Hang Seng (HKFE) (V4) Intraday: rebound expected
Our preference: Long positions above 22400 with targets @ 22850 & 23150 in extension.
Alternative scenario: Below 22400
Chart + Price target(s)
Hang Seng ST: consolidation in place
Our preference: Short positions below 23750 with targets @ 22450 & 22100 in extension.
Alternative scenario: Above 23750
Chart + Price target(s)