Author Topic: severely oversold technical display case  (Read 59 times)

gcpkevgx84

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severely oversold technical display case
« on: December 09, 2013, 04:29:18 pm »
20,000 points won and lost
Hong Kong stocks opened higher this morning to maintain the shock in the afternoon callback, up close, the Hang Seng Index at 19,715.51 points, down 249.12 points, or 1.15 percent; China Enterprises index was at 9965.97 points, down 177.10 points; red-chip index was at 3867.41 points, down 41.17 points , a decrease of 1.07%. Market turnover was 51.656 billion HK Hang Seng Finance Index rose 1.45%, Hang Seng Utilities Sub-Index rose 1.27%, the Hang Seng Index rose 1.11%, Hang Seng Property Index fell 0.24% against the market trend. Hang Seng AH Premium Index was down 0.39 percent at 98.01 points Pudie afternoon blue chips, Tencent,Ugg Boots Sale, only 4 shares closed up. Foreign stocks lower, Esprit fell 5.83 percent led by Li & Fung fell more than 4.6%. Consumer stocks in the Heng International, Belle International, CTF fell more than 2.16%. Mainland cut the deposit reserve ratio, financial stocks in the doldrums, China Construction Bank, Industrial and Commercial Bank of China,Ugg Canada, China Ping An, China Life Insurance, Bank among the top decliners constant Pearl Securities (Hong Kong) Liang Yuan,Cheap Ugg, director of research that U.S. stocks turned down and the situation in Europe deteriorate again hit market confidence, and weak economic data adds to the mainland risk aversion. Fortunately, the mainland's central bank announced at the weekend from the 18th onwards, cut the deposit reserve ratio by 0.5 percentage points, the banking system is expected to be released more than 400 billion yuan of liquidity. Since April economic data showed price increases and economic boom fell down,cheap ugg boots for sale, RRR was expected to do,ugg outlet uk, and this drop quasi although intended to steady growth is not directed at the stock market, but is believed to be currently vulnerable Hong Kong stocks bring some boost, especially in the big city fallen for several days, severely oversold technical display case, is expected to re-stimulation index is expected to rise to 20,000 points above CLSA in Hong Kong, led by Kevin Chan, head of financial research team recently published a report that many people think RRR cut only for the move to cover foreign exchange inflows, the overall liquidity will not be affected, but the bank believes that the future will be the central bank RRR cut after another, resulting in the money multiplier and profound impact on the increase in wholesale funding that will change in the capital structure of banks' balance sheets. The bank covering 2007-2012 data analysis shows that the money multiplier increase in the capital stock and the market as well as increased valuation in silver synchronization, in other words, in the capital stock entitled to see the high line.
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