Did a search and did not find a thread for Hong Kong's Hang Seng Index. We could use one.
This morning is bloody
This morning is bloody
HSI: Hang Seng Index of Hongkong listed shares (real-time) 151 replies
Anyone trade Hang Seng? 27 replies
Anyone trade fx in Hong Kong? 4 replies
DislikedIf you plan on looking for long term bargains that pay good dividends this is one of them. I will update ones with good paying dividends for long term buy and hold stocks along with possible index reversals. This is China Construction Bank {image}Ignored
Disliked{quote} I don't follow china stocks but from what I've been reading, several banks in China & Europe are in pretty serious trouble if the downturn continues. Also, when the dividend yield approaches 10% you know something isn't right. If this were a safe investment, big buyers would be holding price higher as there aren't many good yield investments around with rates so low. A bit like when yields on corporate debt get too high it's "scary" time :-)Ignored
Disliked{quote} I agree. Will post others aside from banks but government owned or backed banks are usually stable in Asia. I am waiting to buy government owned or backed oil stocks related to energy as I expect a rally into summer after this next drop.Ignored
Disliked{quote} I agree. Will post others aside from banks but government owned or backed banks are usually stable in Asia. I am waiting to buy government owned or backed oil stocks related to energy as I expect a rally into summer after this next drop.Ignored
DislikedPurely technically speaking, this index is doomed. It's a monthly perspective to get an idea about the overall direction, and that seems clearly down for now. Next target could be 16500, or even worse 10500 and lower ... looooong-term speaking! Prerequisite would be that price actually keeps going down as it has closed on top of monthly support, not entirely sure yet if downtrend will unfold - should it, then targets as marked in chart apply. {image}Ignored
DislikedPurely technically speaking, this index is doomed. It's a monthly perspective to get an idea about the overall direction, and that seems clearly down for now. Next target could be 16500, or even worse 10500 and lower ... looooong-term speaking! Prerequisite would be that price actually keeps going down as it has closed on top of monthly support, not entirely sure yet if downtrend will unfold - should it, then targets as marked in chart apply. {image}Ignored
Disliked{quote} Not sure because China Life amongst a few other stocks is now in bull mode.Ignored