Thursday 31 December 2015

Hong Kong shares finished 2015 with a gain Thursday but down more than seven percent from a year ago, having been hammered in the summer by China worries while energy firms sank with oil prices. 

Hong Kong's benchmark Hang Seng Index added 0.18 per cent, or 39.42 points, to 21,921.57 as traders finished early for the new year break. 

Chinese markets finished in mostly negative territory with the main Shanghai Composite index closing down 0.9 percent on the day at 3,540. The Shenzhen Composite was down 1.8 percent on the day. 

The yuan traded near flat at 6.492 against the dollar. Chinese energy plays closed lower with Hong Kong-listed shares of CNOOC, PetroChina, and Sinopec Corp down between 0.64 and 1.6.
Today is the New Year's Eve, which is a half-day trading day, Hong Kong Market looks flat. Hang Seng Index(HSI) also opened up 10 pts to 21,892 this morning. Hang Seng China Enterprises Index opened down 12 pts to 9,647 pts. 

On the last trading day in 2015, Shanghai and Shenzhen markets were traded in a narrow range. Shenzhen Component Index opened up 3 pts and peaked at 12,907. It last printed at 12,880, down 9 pts. Shanghai Composite Index opened down 2 pts and hit the high/low at 3,573/3,566. It last stood at 3,569, down 3 pts. 

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Wednesday 30 December 2015

Hong Kong stocks fell on Wednesday in thin trading, undermined by selling in energy and financial shares, amid lingering worries about China's economy. 

The Hang Seng index fell 0.5 percent, to 21,882.15, while the China Enterprises Index lost 1.3 percent, to 9,659.88 points. 

There's little sign China's economy has bottomed out. A Reuters poll showed that activity in China's manufacturing sector was expected to have contracted for a fifth straight month in December. The official data will be released on Friday, and a similar private survey on Monday. 

"Many traders are still on holiday, which is why trading volume is light," said Shen Weizheng, fund manager at Shanghai-based Ivy Capital. 

However, he was optimistic about next year's performance, saying low valuation of many Hong Kong stocks would attract mainland buyers after China starts the Shenzhen-Hong Kong Connect scheme sometime in 2016. 

Most stocks lost ground, with IT among just a few sectors that were in positive territory.
Chinese shares were flat on Wednesday morning, with trading calm in the penultimate session of the year after a positive lead from Wall Street overnight. 

Hong Kong's benchmark Hang Seng Index edged down 8.98 focuses to 21,990.64 in opening arrangements, while the Shanghai Composite Index crept up 2.99 focuses to 3,566.73. 

The Shenzhen Composite Index, which tracks stocks on China's second trade, rose 0.14 for each penny, or 3.27 focuses, to 2,333.63. 

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Tuesday 29 December 2015

Hong Kong stocks ended modestly higher on Tuesday, helped by calmer trading in mainland China after a sharp fall in the previous session. 

The Hang Seng index rose 0.4 per cent, to 21,999.62, while the China Enterprises Index was unchanged at 9,788.91 points. 

Most sectors ended the session firmer, but trading was thin with many players away for year-end holidays. 

China's major stock indexes ended 0.9 per cent higher, recouping some of their more than 2 per cent slide on Monday. 

But trading volume in Shanghai shrank to a three-month low, reflecting waning activity toward the year-end. 

Both the blue-chip CSI300 index and the Shanghai Composite Index rose 0.9 per cent, to 3,761.87 points and 3,563.91 points, respectively.
Hong Kong stocks are relied upon to open fundamentally level on Tuesday, with little upside force after an expansive business sector drubbing on Monday that incorporate a sharp auction on territory Chinese stocks. 

Hang Seng record fates were trading at 21,870 in front of the business sector open on Tuesday, up marginally by 0.04 for every penny, after the business sector shut around 0.99 percent on Monday. 

Everyone's eyes will be on the B-shares market toward the begin of trading, which dove more than 8 percent yesterday in front of foreseen more tightly regulations in Chinese markets. 

Shanghai's Composite Index additionally shut essentially bring down on Monday, tumbling 2.6 for every penny. 

Information discharged on Monday indicated benefits for Chinese mechanical organizations had fallen 1.4 percent in November, the 6th back to back decrease in the same number of months. 

All things considered, HSBC Holdings ascended by 0.8 for each penny in ADRs over night, finishing at HK$62.30, a large portion of a Hong Kong dollar higher than toward the end of the past session.

Monday 28 December 2015

Hong Kong stocks fell on Monday, pulled lower by a droop in terrain offers on the first trading day after a week ago's Christmas occasion. 

The Hang Seng Index fell 1.0 for each penny, to 21,919.62, while the China Enterprises Index lost 1.7 for every penny, to 9,789.46 points. 

Trading was slim, the same number of brokers have not yet return from their occasions. 

The business sector was not helped either by China's feeble November modern benefits information discharged on Sunday, and an evening droop in territory stocks. Every single real part dropped, with the greatest decrease found in vitality offers. 

Shares of China Telecom Corp Ltd lost 1.3 for each penny, after China's against debasement guard dog said on Sunday that the organization's Chairman, Chang Xiaobing, is being examined for an asserted disciplinary infringement.
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