Hong Kong Stocks a Seller’s Market With $3.4 Billion Offloaded
http://www.bloomberg.com/news/articles/ ... -offloaded
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HK - Market Direction 01 (Jan 12 - Jul 15)
Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by winston » Mon Apr 20, 2015 6:26 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by winston » Tue Apr 21, 2015 8:15 pm
The Biggest Anomaly in Finance Today By Dr. Steve Sjuggerud
It shouldn't exist… but it does.
It will go away, at some point… I'm certain of it.
And somebody will make an unbelievable fortune on this…
It could be you.
Here's what's going on…
Chinese stocks are up more than 100% in the last 12 months. (No, I am not kidding.)
Meanwhile, the main Hong Kong stock market index is up less than 20% in the last 12 months.
The thing is, many of the same companies trade on both stock exchanges. (Yes, they are the same, identical businesses trading on two different stock markets.)
What has happened – as you can probably guess – is the shares listed in China have become dramatically more expensive than the shares listed in Hong Kong.
To me, this is the biggest anomaly in finance today…
This anomaly should shrink in the near term – and ultimately it should go away in the long term.
Yet today, as I write, the Chinese shares are at a 29% premium valuation to the identical shares trading in Hong Kong. This chart shows it…
How will this anomaly go away? Will the Chinese shares fall? Or will the Hong Kong shares rise?
It doesn't matter which happens, if you're a smart hedge-fund manager… All you need to "bet" on is that this anomaly will shrink. (A hedge-fund manager would do a "pairs trade" – by simultaneously buying the Hong Kong shares at a discount and selling the same shares in China at a premium.)
If you're not a hedge-fund manager, the simplest trade is to buy Hong Kong through one of the major Hong Kong or China exchange-traded funds. (A lot of so-called "China ETFs" actually just own Hong Kong-listed Chinese companies.)
Hong Kong-listed China plays are cheap – they're one of the best stock market values on the planet.
Our best measure for these stocks is the Hang Seng China Enterprises Index. It's much cheaper than most anywhere else on the globe – trading at a single-digit P/E ratio (forward P/E is 8.9) and a dividend yield of more than 3%.
So you have a great situation here… You can buy one of the world's best stock market values. And you have a great tailwind as well… in the form of the greatest anomaly in finance.
That 29% premium will be closer to zero – permanently – someday soon.
Take advantage of this crazy situation now, before the anomaly goes away…
Source: Daily Wealth
It shouldn't exist… but it does.
It will go away, at some point… I'm certain of it.
And somebody will make an unbelievable fortune on this…
It could be you.
Here's what's going on…
Chinese stocks are up more than 100% in the last 12 months. (No, I am not kidding.)
Meanwhile, the main Hong Kong stock market index is up less than 20% in the last 12 months.
The thing is, many of the same companies trade on both stock exchanges. (Yes, they are the same, identical businesses trading on two different stock markets.)
What has happened – as you can probably guess – is the shares listed in China have become dramatically more expensive than the shares listed in Hong Kong.
To me, this is the biggest anomaly in finance today…
This anomaly should shrink in the near term – and ultimately it should go away in the long term.
Yet today, as I write, the Chinese shares are at a 29% premium valuation to the identical shares trading in Hong Kong. This chart shows it…
How will this anomaly go away? Will the Chinese shares fall? Or will the Hong Kong shares rise?
It doesn't matter which happens, if you're a smart hedge-fund manager… All you need to "bet" on is that this anomaly will shrink. (A hedge-fund manager would do a "pairs trade" – by simultaneously buying the Hong Kong shares at a discount and selling the same shares in China at a premium.)
If you're not a hedge-fund manager, the simplest trade is to buy Hong Kong through one of the major Hong Kong or China exchange-traded funds. (A lot of so-called "China ETFs" actually just own Hong Kong-listed Chinese companies.)
Hong Kong-listed China plays are cheap – they're one of the best stock market values on the planet.
Our best measure for these stocks is the Hang Seng China Enterprises Index. It's much cheaper than most anywhere else on the globe – trading at a single-digit P/E ratio (forward P/E is 8.9) and a dividend yield of more than 3%.
So you have a great situation here… You can buy one of the world's best stock market values. And you have a great tailwind as well… in the form of the greatest anomaly in finance.
That 29% premium will be closer to zero – permanently – someday soon.
Take advantage of this crazy situation now, before the anomaly goes away…
Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Thu Apr 23, 2015 2:30 pm
血要热 头脑要冷 骨头要硬
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Fri Apr 24, 2015 11:58 am
血要热 头脑要冷 骨头要硬
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Fri May 01, 2015 6:00 pm
血要热 头脑要冷 骨头要硬
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Mon May 04, 2015 11:10 am
Record Inflows for Hong Kong Stock ETFs
http://www.bloomberg.com/news/videos/20 ... stock-etfs
http://www.bloomberg.com/news/videos/20 ... stock-etfs
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by winston » Mon May 04, 2015 6:18 pm
C Suisse: Overweight on old-economy stocks
Credit Suisse mentioned in the Asia-Pacific strategy report that it suggests Overweight old-economy stocks.
According to the broker, the MSCI China and MSCI Hong Kong top picks include
1. BANK OF CHINA (03988.HK) -0.040 (-0.750%) Short selling $82.13M; Ratio 4.022% ,
2. ICBC (01398.HK) -0.050 (-0.742%) Short selling $98.55M; Ratio 5.079% ,
3. CHINA OVERSEAS (00688.HK) -0.500 (-1.541%) Short selling $88.45M; Ratio 7.271% ,
4. CHINA MOBILE (00941.HK) +0.700 (+0.632%) Short selling $151.02M; Ratio 10.290% ,
5. ANGANG STEEL (00347.HK) +0.090 (+1.391%) Short selling $5.99M; Ratio 8.103% ,
6. CKH HOLDINGS (00001.HK) +1.000 (+0.593%) Short selling $43.45M; Ratio 6.817% and
7. BOC HONG KONG (02388.HK) -0.200 (-0.663%) Short selling $49.44M; Ratio 12.077% .
Source: AAStocks Financial News
Credit Suisse mentioned in the Asia-Pacific strategy report that it suggests Overweight old-economy stocks.
According to the broker, the MSCI China and MSCI Hong Kong top picks include
1. BANK OF CHINA (03988.HK) -0.040 (-0.750%) Short selling $82.13M; Ratio 4.022% ,
2. ICBC (01398.HK) -0.050 (-0.742%) Short selling $98.55M; Ratio 5.079% ,
3. CHINA OVERSEAS (00688.HK) -0.500 (-1.541%) Short selling $88.45M; Ratio 7.271% ,
4. CHINA MOBILE (00941.HK) +0.700 (+0.632%) Short selling $151.02M; Ratio 10.290% ,
5. ANGANG STEEL (00347.HK) +0.090 (+1.391%) Short selling $5.99M; Ratio 8.103% ,
6. CKH HOLDINGS (00001.HK) +1.000 (+0.593%) Short selling $43.45M; Ratio 6.817% and
7. BOC HONG KONG (02388.HK) -0.200 (-0.663%) Short selling $49.44M; Ratio 12.077% .
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Wed May 06, 2015 1:26 pm
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by winston » Fri May 08, 2015 4:01 am
Bargains around corner as slump continues
The Shanghai Composite Index plunged 2.8 percent to 4,112 points yesterday while the Hang Seng Index fell 1.2 percent to 27,289.
The rally of the local index started at 23,677 on March 12 and reached a peak at 28,588 on April 27. The index gained a whopping 4,911 points in just six weeks.
Hongkongers started to talk about stock codes on the MTR, buses, in offices and via mobile phone messages.
Some friends called me to ask for stock recommendations and guidance.
It was also reported that somebody wanted to quit their job to become a full-time stock punter because it was so easy to make money over the past two months.
Whenever we hear people want to quit work to invest in stocks full-time, it is a warning signal.
The market needs to take a break even though this bull market is policy-driven by the mainland authorities, and will surely not end yet.
If the Hang Seng Index keeps correcting, it may fall to 26,712 before the correction ends.
Actually, it is very close to the 30-day moving average currently at 26,818. Dr Check is quite confident, however, that a chance for bargain-hunting will arrive soon.
For Hang Seng Index shares, the average PE ratio is only 11.3 times. This is not expensive at all.
Source: Dr Check, The Standard HK
The Shanghai Composite Index plunged 2.8 percent to 4,112 points yesterday while the Hang Seng Index fell 1.2 percent to 27,289.
The rally of the local index started at 23,677 on March 12 and reached a peak at 28,588 on April 27. The index gained a whopping 4,911 points in just six weeks.
Hongkongers started to talk about stock codes on the MTR, buses, in offices and via mobile phone messages.
Some friends called me to ask for stock recommendations and guidance.
It was also reported that somebody wanted to quit their job to become a full-time stock punter because it was so easy to make money over the past two months.
Whenever we hear people want to quit work to invest in stocks full-time, it is a warning signal.
The market needs to take a break even though this bull market is policy-driven by the mainland authorities, and will surely not end yet.
If the Hang Seng Index keeps correcting, it may fall to 26,712 before the correction ends.
Actually, it is very close to the 30-day moving average currently at 26,818. Dr Check is quite confident, however, that a chance for bargain-hunting will arrive soon.
For Hang Seng Index shares, the average PE ratio is only 11.3 times. This is not expensive at all.
Source: Dr Check, The Standard HK
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: HK - Market Direction 01 (Jan 12 - Dec 15)
by behappyalways » Sat May 09, 2015 12:41 pm
血要热 头脑要冷 骨头要硬
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