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Hang Seng Is Expected To Return To 20000 Points.

2010/6/14 15:56:00 32

Finance

according to

Wen Wei Po

U.S. stocks rose 38 points last Friday, bringing the Dow up 2.8% last week, the largest weekly increase since March.

However, according to past data, during the world cup, the US stocks fell more or less. In the three months after the five World Cup, the S & P index and the MSCI world index fell by an average of 7% and 10% respectively. Therefore, the US stock market is not optimistic.

The ADR of the Hong Kong stock market has been completed across the board. China Mobile (941) ADR is 1% higher than Hong Kong and 005 (0.86%).

Proportionate, equivalent to the Hang Seng Index on Monday opened 85 to 100 points, that is, the Hang Seng Index rose to 19972 level, although not enough to make the Hang Seng index more than 20000 points, but has been very close, market participants said that confidence in the short term can return to 20000 points.


World Cup

US stock

Track record fell more or less.


Xiong Liping, head of the Securities Division of the finance and banking group, said that the US stock market had surged more than 270 points on Thursday, but Hong Kong stocks failed to take the lead to break through the 20000 level, reflecting that investors were still cautious. The Hang Seng Index fell from 19200 to 19995 in the whole week, and the daily turnover was less than 50 billion yuan.

She said that the mainland stock market closed for three days in a row. Whether the Hong Kong stocks can break through 20000 points in the short term depends on whether the European debt problem has made any new progress. If the euro stabilizes, it will help Hong Kong stocks stabilize at 19000, but at this stage, it is still not clear.

She also pointed out that the Hang Seng index that continued to fall between 19000 and 20000 points will break through 20000 points this week, and the overall market will fall at the level of 19400 to 20200.


Changes in the euro and the direction of Hong Kong stocks


First, Shanghai securities market strategist Ye Shangzhi also pointed out that last week, Heng Zhi has been pressed several times after high opening, which reflects that capital flows have not increased. This is the main reason why the big market fails to wear the 20000 point mark.

However, he believes that Hong Kong stocks have risen for three consecutive weeks and "Sun candles" have risen for 4 days last week, which is the first time that Hong Kong stocks have started to fall since the middle of 4.

Short term trial

The power of high places has been strengthened.


From a technical point of view, he pointed out that the Hang Seng index had risen 19910 points last week, forming a trend of upward trend in the short and medium term. It will further break through 20000 points and shift resistance to 20500 points.

On the other hand, the 10 antenna of Heng Zhi is raised through 20 antennas and intersect at 19600 level, which can be regarded as an initial support bit.

Mainland A shares closed for 3 days, while the mainland's early economic data were moderate. He believed that it would also help A shares and Hong Kong stocks.

As the focus of the market will be concentrated in the European and American markets, the stabilization of the euro will bring stability to European and American stock markets and Hong Kong stocks.

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