Weekly Wrap

Indexes performance for the week end Apr 25.

HSI and SSE weekly candles are still bullish. SSE has been in up run for seven weeks in a row so far.
HSI is in 4th week run up in a row. More upside is expected.

Weekly Wrap

For the week, Shanghai continue climbing up, gained another 6.3% to close at 4287.3, hit new 7-year high.

Straits Times Index hit 7-year high this week too. Next target is at 3870, based on fibonacci ration projection.

Hang Seng added 1.4% this week, next major target is 31000 for HSI. I think Great China market still have room for upside.

The US three major indexes are stuck in a range, though overall trend are up.

HK and Shanghai Stocks Hit 7-Year High

Weekly Wrap

STI hit seven year new high for the week, closed at 3472.38--its highest since Jan 2008.

HSI and Shanghai are on strong bull run. Hang Seng scored marvelously 7.9% and Shanghai added 4.4% both hit new high as well. I will continue focusing on both markets in coming weeks. The return from HSI and SSE is much lucrative as compared to our home market.

HK stocks Long Candidates

Stock picks from latest CIti Report on HK shares, Stocks that I prefer from Citi report: These stocks are relatively in low PB

1. 2868.HK BJ capital
2. 1071.HK Huandian Power Intl
3. 1138.HK China Ship
4. 1299.HK AIA
5. 1928.HK Sands China, not in the list. Dividend yield 5.5%, PE 16.8, PB 6

Long Candidate: 1361.HK

H shares are rocketing higher and higher this week.

1361.HK appears another good candidate for long.:

Weekly/ Monthly Wrap

For the week, Shanghai gained the most for 4.7%, Hang Seng up by 3.2%. Continue focus on Hongkong  H shares in coming weeks.

 For the month of Mar, SSE gained stunning 13.2%. The market is on bull run.

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