strategist59soonhock

Hang Seng ready for a big bull run and catch up.

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TVC:HSI   恆生指數
The worst of fundamentals are over and fully discounted and act upon; riots, security law, China supposed disregard, enough time of selling by global managers.
The truth of "cyclical" better fundamentals; lowest PE ratio, most attractive valuations for a most developed liquid market in Asia, China actually even more so will ensure it's version of one country two systems work. Like latest IPO, no restrictions on HK idea, the further integration with Pearl Delta positive effects will soon solidify, stability will bring prosperity & greater confidence (don't believe the great exodus hot propagated story, businessmen go where the money is, not politics ideology).
The technicals are now ready. The daily charts have formed a nice base, and started moving up even in the midst of a few days of bearish moves in US Nasdaq & S&P . The underlyings for the 1st time in a long while points to Hang Seng out-performing. Study and get ready.
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