Wednesday, February 15, 2017

Singapore Market update 15 Feb 2017



Straits times index up 16 points today to 3089 following the strong US market. 
Wall Street hit record highs for a fourth day as Janet Yellen reinforced the view that the world's top economy was in good health, with the jobs market improving and inflation on the dot. Yellen confirmed the next rate hike could come any time, which leaves open the possibility of a move at the Fed's March 14-15 policy meeting. For Singapore market today,  today Banks sector had a cautious session after OCBC's reported a 18% drop in Q4 profit on Tuesday and also due to  the upcoming DBS's results on Thursday and UOB's on Friday.
Market has been going up for quite a while, is the correction coming soon?
In my opinion, the overall market right now is still bullish, with STI above 3000 points I think it is still OK to stay in the market, a correction will come if STI start falling below 3000 point. As for the sectors, we are seeing some profit takings in the banks & property sectors over the past few days, 

** CityDev, DBS,  break 5 day low, 
However right now if you look at Hong Kong listed Chinese bank stock, they seems much stronger. today ICBC up 2.8%, Bank of china 3.9% Bank of comm up 3.9%

What sectors or stocks should the investors be looking right now

Right now we are looking at Stock that is uptrending, like the Commodities, Financing and Gaming Sector. With the profit taking in Banks and property sector, funds will flow into other sectors or stock which have not benefited from the Bullish market. Moreover, investors can also look into some of the stocks that are in discussion on the take over deals.

Finance companies like Singapura Finance, Hong Leong Finance and Sing Investments & Finance up sharply after MAS relax its rule. MAS will now allow foreign takeover of Finance companies 

Free Upcoming Seminar - 

Stock Market Outlook 2017  ==Register Here== 

What is the strongest sector to be in for 1H 2017?
What is the weakest sector to stay out?
How to catch Big winning stock consistently without putting your portfolio at too much risk.
What are the common mistakes investor make that prevent them from winning in Stock market.

Tuesday, February 7, 2017

Singapore Company Results: The earnings seasons for Q4 2016 is here ! (Latest)

Many people is asking when is the Quarterly Results or Full year result coming out for Global Logistic, DBS, Capitaland, Genting, SATS & etc...

The earnings seasons for Q4 2016 is here, below are the Singapore stock corporate earnings calendar for (Q4 2016)


Singapore stock had a Big Win in January


Click here for our latest upcoming seminars


Monday, February 6, 2017

Singapore stock had a Big Win in January

January was an awesome month for Singapore stock market, STI up more than 150 points as property and oil stock takes off. We also see some of the mid and small cap stock having a good run.
Well, if you follow our previous post, they performed pretty well too, Sunpower up 46%, Japfa & Jumbo up 13%, and MM2 Asia up 9%.
Sunpower has been running since October last year, in Dec it had a rest and only until Jan, the price start moving in a faster pace.

Japfa was quiet too in Nov and Dec, if you have follow this blog long enough, you will see that when we first mentioned it was just 69 cents, and we continue to be bullish because it is still uptrend, the tough part of picking this stock was to stay bullish with it despite everyone is calling it Too high.

Again, Jumbo our 2016 favorite stock, first mentioned was when it is around 0.48, till now we are still bullish about it(as long it doesnt drop below 0.70)
http://www.andy-yew.com/2016/05/can-jumbo-fly-like-thaibev-4-point.html
MM2 asia, biggest winner over the past 2 year, since the first post in this website, the stock has already up more than 200%

Free Upcoming Seminar - 

Stock Market Outlook 2017  ==Register Here== 

What is the strongest sector to be in for 1H 2017?
What is the weakest sector to stay out?
How to catch Big winning stock consistently without putting your portfolio at too much risk.
What are the common mistakes investor make that prevent them from winning in Stock market.

Thursday, January 19, 2017

938 Live Singapore Market Updates - 18 Jan 2017




Why were markets mixed, ahead of incoming U-S President Donald Trump's inauguration on Friday?
Market was down following the the US market, as Dow jones fall slightly by 0.3%. The USD index descended in response to the remarks made by the US President-elect Donald Trump that USD was overly strong. The US stocks softened last night. Asian markets traded mixed with Hong Kong stocks faring well, Hang Seng index up more than 1%, Singapore STI fall to the low of 2990 and manage to recover the losses to close at 3000. Overall market was pretty concern about the Donald trump's inauguration this friday, but we have not seen any big surprise move yet.

Turning our attention back to Singapore, the company earnings season is gearing up in full swing. What's your take on this?
I think with the Earnings coming out, market will be more exciting and also expect to have more volatility. Next week 26 Jan, we will see Keppel Corp earnings , with the price moving higher over the past 2 month, this could be telling us that Oil stock is recovering. I think we can look forward to watch some of this oil stock's earnings.

Singapore's STI is hovering around the three thousand psychological mark. Is the local market due for a correction?
Over the past 2 month, most of the gains on the index stock was due to the bank sector, however the rest of the other sector did not really have a big move, hence if there is a correction, i would think that the banks will probably pull back a slightly as it is in the overbought region. With US dollar weaken last night, i see that some of the stock started rally, hence if STI were to pull back below 3000 due to banks having some pull back, some other sector might play catch up and move higher. Hence instead of pulling our money out of the market, i would adapt to other stronger stock in the Oil sector or Food sector.

Upcoming ETF seminar - Limited seats, Register now
If you don't like to miss the profit when market move or you want to look into buying the whole sector instead of buying individual companies, ETF could be the answer for you.
In this event we are going to learn more about ..

  • What is Exchange Traded Fund, 
  • How it can benefits you
  • Top 10 ETF you should know in 2017
  • What kind of ETF you should Avoid
  • What is the favorable type of Exchange Traded Fund for Retail investor.

Register Here

Singapore Company Results: The earnings seasons for Q4 2016 is here !

Many people is asking when is the Quarterly Results or Full year result coming out for Global Logistic, DBS, Genting & etc...

The earnings seasons for Q4 2016 is here, below are the Singapore stock corporate earnings calendar for (Q4 2016)

Notes: Sourced from Bloomberg All US Tech results dates have been adjusted to Singapore dates

Click here for our latest upcoming seminars

Wednesday, January 4, 2017

Singapore Uptrend stock back in Action

For the last few month, we only see the Bank sector rally, the rest of the stock listed in SGX was really sleeping. Today finally we see some action again, this few stock are the winners we mentioned in 2016, now they seems like picking up strength again.

1) Jumbo - 
Industry: Food

2) Japfa
 Industry: Food Processing

3) Sunpower
 Industry: Industrial Machinery / Equipment - China Based company

4) MM2 Asia
 Industry: Movie Production/ Cinema Operation
For more Sector analysis or Market outlook. I will be sharing it on my free seminar this Saturday at SGX auditorium. 

Time: 10am - 1pm
Location: SGX Auditorium

Will the bank sector benefits from the rising interest rate?
Will the 10 year cycle of the Bear market  happen this year? ( like in 1997, 2007, 2017?)
Will STI move above 3000 points?

We will also share what are the Risk and Opportunities in 2017 Investors have to take note! Dont miss this!

you can register this free seminar at this Link below

Stock Market Outlook 2017 - Oil & Gas

2016 was a year with alot of uncertainties and surprise for Singapore stock market,. We started 2016 in a panic mode as oil price crashes below $27 and ended 2016 with a bullish mode with dow jones hitting all time high. Oil price was up more than 100% from the low, a surprise rally after Brexit and a unexpected rally after Donald trump got elected.
Overall performance DJI - up 13.1%
S&P -up 9.4%
Nasdaq - up 7.89%
US crude oil $26.55 a barrel lowest in January - to highest 55.44, end the year around $54
STI - up 0.23% close at 2880, highest 2981, lowest 2529. 
Hang seng index -  down -1.87%
Shanghai composite index -Down- 12.52%
Kuala Lumpur Composite index (KLCI) down 3.5%

What we can see is that most of the Asian market is not doing so well, mainly due to capital flow to US market. STI traded near 2850 throughout the year. Highest it reach was 2981 when bank sector rally, lowest it went was 2554 when the oil price was trading below $27.

Will the Oil stock rebound in 2017?
Oil prices is rebounding as mentioned above it moved from $27 to $55, that already tell you that it is obviously not downtrend . With OPEC and other producer agreed on output cut, oil stock could be one of the highlight for 2017.

In 2016, we see that oil stock falling to the lowest point, Ezra & Ezion was at $0.037  & $0.210 respectively in September, that was during the news of "Swiber default on bonds" came out. Now they are $0.05 (up35% from the low) & $0.39 (up 85% from the low) respectively. To me, both is risky stock but Ezion seems to give a better return in terms of the magnitude of the previous upward movements.

What about Sembcorp & Keppel Corp?

Keppel and Sembcorp was trading volatile during the first half of the year, mid year was pretty sideway. Only in November the price start to jump up again. Overall, both stock seems similar in pattern but I will favor Sembcorp Ind over Keppel corp as Sembcorp Ind has better performance than keppel corp over the past few years. Further more, part of keppel corp's business is also in Property, if interest rate up, property sector maybe gloomy.

For more Sector analysis or Market outlook. I will be sharing it on my free seminar this Saturday at SGX auditorium. 

Time: 10am - 1pm
Location: SGX Auditorium

Will the bank sector benefits from the rising interest rate?
Will the 10 year cycle of the Bear market  happen this year? ( like in 1997, 2007, 2017?)
Will STI move above 3000 points?

We will also share what are the Risk and Opportunities in 2017 Investors have to take note! Dont miss this!

you can register this free seminar at this Link below




Tuesday, December 27, 2016

Highlight of 2016 & Hello 2017

Image result for 2017 sparkle
As 2016 comes to a closure, I am so thankful to all of you, the increase number of readers who continue to faithfully visit this blog, I have collate for you a highlight list of our top articles of 2016 that you might have missed. So whether you are new to the blog or you have no time to catch every  piece of our articles, I hope some of these will and still be useful for your learning in this investing journey.


Wait a min... this is important!
I also want to remind you if you are someone who pay tax in Singapore, whether you are Singaporean, PRs or Foreigner. You can save few thousands off your payable tax and use this money to invest, this will further enhance your overall return on investment. Read more on SRS on this website: Sgwealthseminar.com/srs

In the meantime, I hope you are having a joyous holiday season with you love ones and lets look forward to an amazing 2017



Tuesday, December 6, 2016

December Stock Market Update - Singapore, Hong Kong & Malaysia


Last year December was a difficult month as market start falling after Federal reserve rate hike by 25 basis point. The common question for this time is, will the Fed raise the rate this time? Will the market react the same like last year?


ShenZhen Hong kong connect started this on the 5th december, for the first time China is open up to oversea investor to trade stock listed in Shenzhen exchange thru the stock connect. We see that the China index is moving higher over the past few month, looking forward we shall see more positive movement as foreign investor fund move into china market.

How I think Singapore stocks will fare in December?

Right now what is happening in Singapore is the banks are the only sector that is obviously strong, this is due to the anticipation of the interest rate hike from federal reserve in December, however most other sector are not so bullish except commodities and Gaming sector. In December bank stock is likely to have profit taking as they are now in a very overbought position, for Commodities and gaming sector I am still bullish.

Whats my trading Strategy?

My strategy is to stay with stock the is strong and this stock may not be in just Singapore, it can be in China, Hong kong, US, Malaysia, Thailand .. anywhere we can reach out to. Adjust my position to the strong counter, the reason why im doing this is because I am really sick of getting stuck to a position.

Strong stock in Singapore: GSH, QAF, Genting Sing, Wilmar, Golden Agri, Auric Pacific, Venture

Strong Stock in Malaysia: Gkent, MKH, Pmetal, SuperLn, YongTai

Strong Stock in Hong Kong: Galaxy Entertainment, ASM pacific, China Mengniu, Chow Tai Fook...

There is much more to share
In our upcoming seminar we going to talk about 
  • Time Tested Propitiatory Strategy to trade in Stock
  • How this strategy can apply in any market around the World
  • Simple Steps to pick the Growing Stocks?
  • How you can do Sector Analysis to find what is the Strong/weak sector now
  • Market outlook and individual Singapore stocks analysis using Technical Analysis
  • 8th December 2016, Chinese seminar中文讲座     Thursday, 7.00pm - 10.00pm (Registration begins at 6.30pm)
  • 9th December 2016, English seminar Friday, 7.00pm - 10.00pm (Registration begins at 6.30pm)

           Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Wednesday, November 30, 2016

Be Aware of Shenzhen Hong Kong stock Connect


Be aware of this Shenzhen Hong Kong stock connect (the First time, China open up to individual investor to buy Shenzhen Share) 中国第一次开放深港通 because most people regretted during the previous Shanghai Hong Kong stock connect, some regret of not know it earlier where the Shanghai Index move from 2100 to 5178, the FASTEST and STRONGEST bull i have even seen.

Don't go in when it is going up too steeply, the index latter fall from 5178 back to 2650. See the chart below, do you thing it is high or low now? Is it an opportunity? Its time to learn about the China market! 中国第一次开放深港通是机会吗?现在是时候了解中国市场!


How to invest in Hong Kong China Stock (Click the date below to Register) 如何投资香港中国股票讲座(点日期注册)

Register: 2 Dec 2016 (Friday) English Seminar or 

Register: 9 Dec 2016 (Friday) 中文讲座 (中国A股和香港股市初学)



When is the Shenzhen Hong Kong stock Connect start? 深港通什么时候开始?5 December 2016, Monday 0930hr Singapore timing.

Will Shenzhen Stock connect have positive impact to the China stock market? 开放深港通连接对中国股市有影响吗?
With current market sentiment, the chart is showing positive sign, beginning of this year the market was totally lifeless, now things become more promising as we saw most stock has been rising. Big bank like Morgan Stanley raises target for Shanghai index to 4400 for 2017. 香港和中国股票可能上涨,请看上图中国上海指数

How can you get started? 如何学习交易香港和中国股票?To get everyone ready, my team have set up a special seminar to talk about this topic.


In this session, you will learn:
  • How to Get Started investing with China Share
  • The Impact of MSCI inclusion for China Stocks
  • Shenzhen Hong Kong Link - What stock, ETF & Unit Trust to look at?
  • How to get FREE Real time price for Hong Kong & China Shares
  • Where to read Free Research Report and Stock recommendation from Financial Analysts
  • Things to avoid when trading China Share
  • Individual Stock Analysis
  • CFD introduction for China A-Shares & Hong Kong shares 
As the demand of this even is very high right now, i suggest you register a seat right now before it is fully book. So go ahead and click the link below to register now. 如何投资香港中国股票讲座(点日期注册)

Register: 2 Dec 2016 (Friday) English

Register: 9 Dec 2016 (Friday) 中文讲座

  • Time: 7pm - 9:30pm (Registration starts at 6:30pm)
  • Fee: Free Admission 
  • Venue: Level 6, Presentation Room, Raffles City Tower, 250 North Bridge Road, City Hall MRT (Exit A)

Saturday, November 26, 2016

Geely Automobile - Owner of Volvo car brand by Billionaire Li Shufu

Li Shufu, a Billionaire and Chairman of one of China’s most successful private car companies, acquired Volvo from Ford in 2010. His company named Geely Automobile Holdings (0175.HK) which is listed in Hong Kong Stock exchange has been moving up steadily. 

Based on our ART trading system, the buy signals have been showing consistent profitable trades. Recently, there is a buy signal again (see below chart), let's watch closely !
Geely Automobile Holdings Limited is a Hong Kong-based company principally engaged in automobile-related businesses include the research, development, manufacture and sales of automobiles and automobile components. 

The Company operates businesses in China, Europe, Middle East, South Korea and Africa, among others. Its subsidiaries include Centurion Industries Limited, Value Century Group Limited, Geely International Limited, Zhejiang Fulin Guorun Automobile Parts & Components Co., Ltd. and Linkstate Overseas Limited, among others. 

Geely has owned the Swedish passenger car maker Volvo Cars since 2010 and taxis under the London Taxi brand. Delivery vans are sold under the brand Emerald.


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Wednesday, November 23, 2016

Why United Engineer is moving higher


United Engineer is up more than 50% this year while STI stay flat, despite property market being weak and United Engineer share price still outperform the market.

Financial Summary - stock analytics 

BRIEF: For the nine months ended 30 September 2016, United Engineers Limited revenues decreased 49% to SP$358.2M. Net income before extraordinary items decreased 18% to SP$32.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Distribution Costs increase of 12% to SP$21.6M (expense), Finance costs increase of 4% to SP$27.9M (expense).

One reason of the strength is due to United Engineer's gains on the sales of UES UES Holdings and various environmental technology assets in China boosted its overall bottomline, soaring 625% to $134.7m. 

Another reason would be the potential of being take over by Charoen Sirivadhanabhakdi, Thailand's richest person, the talk is still on going. Investors are also speculating. 


Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Wednesday, November 9, 2016

Market Outlook after Election - What stock to see?

Image result for trump

The result of US presidential election surprised markets as Republican candidate Donald Trump was elected. Major Asia Pacific markets broadly fell with Nikkei 225 Stock Average tumbling 5.4%. Hong Kong stocks followed to decline 2.2%. Straits Time Index, after opening higher 17pts, once plunged 60 pts to bottom at 2760. Market recover to close at 30pts or 1.1% to end at 2789 after Trump Victory speech reassures investors on rebuilding the nation and promise to do a great Job.

Overall stock indices are under pressured due to the uncertainties during the votes counting, i believe that this is due to panic selling similar to Brexit. During the asian trading hours, US dollar also fall badly against the Yen, however the losses has been minimize as market calms down after election result is out.

Opportunities?

Just a week ago, i mentioned that we should cash out from stocks and put into gold and Gold is up strongly today. Now is good time to move back to stock, i think stock has tanked enough today and with the new presidency injecting more uncertainties into the US economy, Federal reserve might delay the Rate hike in December. If that is the case, REITS could be a good sector to invest for now. I am looking at Keppel DC reit, Capitacom Reit, Mapletree Com Reits

Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903

Tuesday, November 8, 2016

Latest UpTrending Singapore Stock in November

It has been awhile since I last post on the stocks I am watching as i have been hibernating for more than a month, Its time for me to be back to serve the community again and sharing my view on the market. 

Over the past few weeks, we have the best penny stock rally since the time of blumont, this is a good news to all investor and traders in Singapore as it is telling us the market is not dead yet. As long as big boys can make money, the market will have opportunities. Same theory as why you dont want to kill all the sharks in the ocean.

Previously I mentioned 
MM2 Asia in July 2015, now is up 300%
Japfa in May 2016 now up 30%
China Aviation May 2016 now up 40%
Cityneon in June 2016, now is up 35%

The above stocks are still good, if you are still holding, congrats for you. To learn more,  pls check out the Free Seminar Below

  • Market outlook and individual Singapore stocks analysis using Technical Analysis
    • Venue : #34-07, 10 Anson Road, International Plaza, Singapore 079903
      Well, lets come back to the Singapore watchlist of Uptrending stock now other then those mentioned above.
      1) HMI The Company is a healthcare provider with presence in Singapore, Malaysia and Indonesia. The Company's segments include Hospital and other healthcare services; Healthcare education and training, and Investment holding. The Company owns and operates the Mahkota Medical Centre in Malacca and Regency Specialist Hospital in Iskandar Malaysia with total bed capacity of over 500 providing a suite of medical and surgical services.

      For the fiscal year ended 30 June 2016, Health Management International Ltd. revenues increased 15% to RM397.8M. Net income decreased 28% to RM19.9M. Revenues reflect Hospital and Other Healthcare Services segment increase of 15% to RM388.2M, Healthcare Education and Training segment increase of 14% to RM9.6M, Malaysia segment increase of 15% to RM388.2M, Singapore segment increase of 14% to RM9.6M.
       2)SingMedical Singapore Medical Group Limited is engaged in the operation of medical clinics and provision of general medical services and investment holdings. The Company operates through three segments. Its Health Business segment consists of general ophthalmological services, such as implantable contact lens and cataract surgery; orthopedic services, including treatments for joint and cartilage injuries; oncology services, including the prevention, diagnosis and treatment of cancer; obstetrical and gynecological services, which caters to the wellness of women; otolaryngology services; dermatology services, and general medicine and health screening services. 

      For the six months ended 30 June 2016, Singapore Medical Group Ltd revenues increased 34% to SP$19.5M. Net income totaled SP$633K vs. loss of SP$240K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions.
      3) Yanlord Land - The Company's segments include Property development, Property investment and Others. Its Property development segment is involved in the development of residential, commercial and other properties. Its Property investment segment is involved in leasing of properties to generate rental income and to gain from the appreciation in the value of the properties in the long term. Its Others segment is involved in provision of property management, ancillary services, advance purchase of construction materials, investment holding and others.

      For the six months ended 30 June 2016, Yanlord Land Group Limited revenues increased from RMB3.35B to RMB10.26B. Net income increased from RMB186.5M to RMB584.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other Operating Income increase of 22% to RMB220.4M (income). 




      Wednesday, November 2, 2016

      Market Update before the US Election



      Singapore market was down 7 points today to 2807, the weak sentiment is mainly due the United States Presidential elections 2016 as it is due on the 8th of November, just next tuesday.  Overall market has been pretty range bound for the past few month for the singapore market, and for Hong kong and US market it seems like investors are taking profits off the table after the recent rallies, investors are not sure who will be elected and what will happen after the election hence putting profits into their pockets could be a good choice this week.

      Some friends asked about Starthub..
      Starhub result is out, net profit for Q3 is down by 28% compared to last year, due to lower profit from their operations and also higher interest expenses. Overall I am not keen in any of the telco sector as we can see they are downtrending and also weaker than the market. M1 has fallen near 50% since 2015, starhub falls about 25%, among the 3 telco singtel is the strongest by falling the least, only 15% over the past 2 years.

      Interesting counter for this week:
      OUE limited attributable profit surges to S$107.6 million in 3Q 2016
      Increase in revenue by more than four times from S$99.0 million in 3Q 2015 to S$419.1 million.

      I see that Gold price is creeping up as the US dollar weaken, it seems that the investors are running for safe havens before the elections. I think we can look into Gold Etf or Gold miners during this period of market uncertainty.

      Upcoming Free Seminar - Investors and traders meet up


      Thursday, October 27, 2016

      Shenzhen Hong Kong Stock Connect (Latest News)

      Shenzhen-Hong Kong Stock Connect (SZ-HK Stock Connect) will be launched at the end of November.

      Although the actual launch date is not announced yet, Li Xiaojia, CEO of Hong Kong Exchanges and Clearing (HKEX), said it is preferred to launch SZ-HK Stock Connect on one of the Monday at the end of November. 


      On October 13, 2016, HKEX and Shenzhen Stock Exchange (SZSE) held an investor roadshow in Hong Kong, signaling the start of the international investor roadshows for SZ-HK Stock Connect. Li Xiaojia,, CEO of HKEX, announced along with Wang Hong, Vice Executive President of SZSE, that HKEX and SZSE will conduct a three week system test for the trading link between October 17, 2016 and November 9, 2016, and is set to finish in mid-November.

      Why investors monitor closely Shenzhen Hong Kong Connect 


      Brief Overview of SZ-HK Stock Connect

      The daily quotas of Hong Kong Stock Connect and Shenzhen Stock Connect are CNY10.5Bn and CNY13Bn respectively. SZ-HK Stock Connect has no aggregate quota in its initial launch. SZ-HK Connect covers about 880 stocks, which include the constituent stocks of SZSE Component Index and SZSE Small-Midcap Innovation Index with market capitalization of more than CNY6Bn, and stocks listed on SZSE which the companies have issued both A and H shares. 

      Hong Kong Stock Connect covers constituent stocks of Hang Seng Composite LargeCap Index and Hang Seng Composite MidCap Index, constituent stocks with market capitalization of more than HKD5Bn of Hang Seng Composite SmallCap Index, and stocks listed on HKEX which the companies have issued both A and H shares.

      Impact to Hong Kong Stocks

      Hong Kong stocks is relatively undervalued in comparison with Shenzhen stocks, as evident by Shenzhen A shares have an average historical P/E ratio of 40x while Hong Kong stocks have an average historical P/E ratio of 11x. Chinese investors are expected to use the southbound channel to invest in Hong Kong stocks. However, we expect that only the MidCap and SmallCap stocks in Hong Kong will benefit from the SZ-HK Stock Connect, and the effect on major indices will be limited since they have been included in the Shanghai-Hong Kong Stock Connect already. 

      For the first time, the stock connect expands to constituent stocks with HKD5Bn market capitalization of Hang Seng Composite SmallCap Index, whose valuation ratio implies the stocks are relatively undervalued in comparison with those listed on SZSE. Funds are expected to flow into the MidCap and SmallCap stocks in Hong Kong, and these stocks are expected to benefit from the stock connect programme. However, the primary participants of A Shares market are retail investors, who are highly sensitive to market rumours. Therefore, we expect the SmallCap and MidCap stocks in Hong Kong to be more volatile in the future.

      Source: PSPL (HK), HKSE, SZSE, SFC (HK)

      The following stocks are the A+H shares. The final eligible stocks for SZ-HK Stock Connect will be announced by HKEX.


      The following stocks are part of the constituent stocks of Hang Seng Composite SmallCap Index. The final eligible stocks for SZ-HK Stock Connect will be announced by HKEX.




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