After the sharp rise of last week, the HSI continued to peak this week and moved up to a high level until the first day of retreat
However, the market has taken the lead in softening recently. We must be careful to prevent the HSI from “breaking the top” and accelerate the profit return. threw up.
The Hang Seng Index opened 24 points higher yesterday and fell a maximum of 208 points in the morning session
It saw a rebound of 27,675 points and closed at 27,800 points, down 83 points or 0.30%. The H-Share Index fell 0.35%. The market turnover was 79.3 billion yuan, which was similar to the 60-day average. As pointed out on Monday, the Hang Seng Index is approaching the top of the rising channel (about 28,300 points) since August. Once it retraces or tries to test the central axis of about 27,200 points.
The market continued to be soft. According to the Ming Pao Hong Kong Stocks Database, the up-down ratio was 34 to 66, up more than 3%, and down more than 3% accounted for about 50% of the upside and downside shares; white candlesticks were 36 to 64, respectively. There were more down shares in the city, but there was no obvious pressure, and the overall softness was mainly. For the 4 trading days so far this week, there have been more losses and less gains on three days, the market width is weak, and it cannot keep up with the HSI’s peak performance.
In terms of industry, most of them show leather, and only a few have slightly higher selling pressure. Among the 30 industries tracked by our newspaper’s database, nearly 40% rose, and Chinese-funded power rose 0.56%, the strongest performance; nearly 60% of aviation and local retail services recorded gains, the highest proportion; the industry did not look forward to it. Among the falling industries, shipping and logistics rose for 10 days and gave up yesterday, falling nearly 2%, the worst performance; followed by technology equipment fell 1.5%.
Haifeng Shenzhen International Midline looks pretty
Shipping shareholder Fanghai Overseas (0316) sent a special dividend to reduce the performance of the industry. Excluding this stock, the industry has not seen any ups and downs. Among them, COSCO Haineng (1138) rose more than 1%. The short-term upward momentum of COSCO Hainan Energy and China Merchants Port (0144) and Qingdao Port (6198) is strong; however, the midline has the strongest performance since this year, Haifeng (1308) and Shenzhen International (0152). In contrast, the selling pressure of technology stocks is more obvious. Qiu Ti (1478), which had a large increase during the month, fell nearly 10%. AAC (2018), Huahong (1347), BYD Electronics (0285) fell by up to about 4%. , All declines narrowed before the close.
It is worth noting that in addition to the fact that Hua Hong rebounded sharply after reaching a near 52-week low in November, Qiu Ti bottomed out in May and started to rise. AAC and BYD Electronics also rebounded later in August. Since the end of August, AAC, Qiu Ti doubled at most, BYD Electronics rose more than 70% at most, the cumulative increase was huge, and the rise in the month accelerated, triggering profit-taking is also normal.
AAC has dropped to 20 antennas several times, see support
Since August, AAC has made several obvious adjustments, including following the HSI’s high fall in September and November; if the HSI fails to exit the August ascending channel and retest the central axis and even the bottom again, AAC is also difficult Be alone. AAC has supported the last few times down to 20 antennas (currently about 60 yuan), you may wish to wait for the opportunity to enter the market.