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Hsi Cooperation Turnover Exceeded 100 Antenna
Apr 14, 2016

While encouraging trade data or to a certain extent due to seasonal factors, but did not change the market optimism, combined with IMF to increase China's economic growth forecasts for this year and next to 6.5% and 6.2% to stimulate Hong Kong stocks rebounded significantly on Wednesday, out of the recent doldrums. Hang Seng index opened at 234 has exceeded 100 antenna (20,570) significant resistance, and steadily rose up 667 points, up 654 points at 21,159. Market turnover increased to 93.6 billion yuan.

Hsi laggard shares earlier Wednesday retroactive increases and technological breakthroughs, Sun on the candle broke 100 day continuous restriction rebound since late last year, the city level and above by 20,800 resistance and the 21,000-point mark, is close to regaining the lost ground this year. Market sentiment turned more optimistic, temporarily get rid of on and off intervals, Outlook such as able to maintain it, or are expected to challenge the 200 day line (21,951) about 22,000-point mark.

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