Thursday, January 18, 2018

Promising Stocks in the HK Stock Market

Emperor Capital (717.HK)
Emperor Capital (717.HK) broke above the BIG cup with good volume amid the background of crazy surges in HK listed brokerages today and the bellwether HK Exchange (388.HK) since the start of 2018. The speed of surge will rise even faster from here with many positive factors being developed in HK stock exchange and funds flowing from mainland China to the HK market.

See my two earlier posts on 717.HK:
and


I still maintain my target price of $1 by 28 February 2018.


HS H ETF (2828.HK)

See my earlier post on 2828.HK:
https://superphang.blogspot.sg/2017/08/time-to-invest-into-hk-etfs.html dated 6 Aug 2017.

HS H ETF (2828.HK) closed at $132.1 today, 18 Jan 2018. The surge since the start of the year is 11.76%. As most of its big market cap component stocks will be included in the basket of 222 large cap A-shares which are soon to be included into MSCI EM index in June this year, there is still quite a distance for it to run before it hits my target price of $138. Hold it tight so that you can enjoy the quick spike of this 9G-force fighter jet!

2828.HK daily chart at the closing of 18 Jan 2018

Conclusion

The impending US interest rates hike, the next probably in June, will help stock markets all over the world to keep breaking new highs as it just shows that the economy is booming. Make no mistake: As long as the US Federal Reserve is still contemplating to hike the interest rates, keeping your money in the stock market is the right move.

When you have acted based on these key leading indicators, merely sitting and waiting will make you rich!


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