Hong Kong stocks had the worst time in the past?

Obama was elected President of the United States was the news yesterday pushed the Hong Kong stock market. Market analysts here believe that Obama will be elected to begin to withdraw troops from Iraq, which would reduce the U.S. military expenditure to improve the economic situation in the United States. However, analysts for the Democrats in power after the U.S. government will limit the import and export trade concerns. In the long term, the new president of the United States on Hong Kong's economy is still unpredictable. 4, in the U.S. presidential election is not over yet, the market is expected to have Obama will win, Europe and the United States stock market significantly higher. This led to yesterday's Hong Kong shares open higher, the Hang Seng Index closed the morning at 15,196 points, up 812 points, 5.65 percent; state-owned enterprises index rose 638 points, 9.31 percent, to close at 7499 points. But when the election results, investors in high profit-taking, increases narrowed in the afternoon, the 15,000-point mark for a lost day at the close at 14,840 points. Core Pacific-Yamaichi International (HK) Ltd. Research Director, said Tang Xu to the Bush administration of pursuing unilateral foreign policy so that the majority of dissatisfaction with the country, particularly its invasion of Iraq act aroused unanimous opposition at home and abroad, "is currently facing a financial crisis U.S. military spending on the more obvious impact on the state treasury. Obama in this regard will be taken and completely different from Bush's policy in foreign affairs will also show more spirit of cooperation. " "As the birthplace of the financial tsunami, the United States itself there are many issues to deal with, so Obama should focus on domestic issues such as unemployment." However, with-Xu DENG also worried that the U.S. economic recession and a huge trade deficit could prompt Austria Bama adopt protectionist policies, trade restrictions, which will have a negative impact on the economy of Hong Kong. Not long ago, Obama has also accused China of manipulating the RMB exchange rate to gain huge trade surplus with the United States, and stressed that "China must change its policies, including exchange rate policies" and said it would do its best to use all diplomatic means to make China Change. Of course, now, this phase of the campaign is also likely to attract voters to take no more than a means of propaganda. Fu-Lin Chang, general manager of the securities also read Obama's earlier remarks did not protectionism: "the Clinton campaign also said that when this is the case, but after the election has not been taken in this regard. Obama is the same. " Duipei financial investment research department director, Mr Kwok Ka-yiu said that as the first Obama to resolve the crisis, protectionist economic policy will not be introduced too early, and its economic policies on Sino-US trade, especially in the Hong Kong stock market in the export sector , Until next year to surface; and once U.S. troops from Iraq, it will have an impact on the global oil supply, resource shares will have a greater impact. In yesterday's U.S. presidential election results are not yet known, Prudential Securities research director of the Department of the Lin family on the Web Frederick wrote that Obama "change", a slogan than substance, "investors do not expect the new (U.S.) government will bring The U.S. economy is improving fast. "He suggested that investors" are now taking advantage of the good atmosphere of shares in the hands of the reduction, the United States to be cooling after the re-election enthusiasm to the deployment of cargo. " In any case, however, Obama's election is indeed a global stock market played a role in the psychological stability. Tang Yi Xu said: "Obama took office, the market mentality on the crisis to an end." (Business News Yan Wang Lei) Hong Kong stocks did not confirm turn, still above the 15,000 resistance The Hang Seng Index yesterday closed at 14,840 points, up 455 points, with a total turnover of 63.3 billion. Kind of catapulted over three days, rising up to 900 points, but lost to be 15,000, has been unable to stabilize, Hong Kong stocks followed the trend of major external, the United States last night said the good performance, the stock market in Asia is generally well-made, together with the mainland A shares up , Led the market rebound, reflecting the continued rebound in waves. Today, the Hang Seng Index rose through the antenna 20, is the first time since early August to stabilize the antenna on top of 20. I feel slightly more stable trend, but could not confirm turn, as a result of the economic environment is still poor, whether there will be adjusted after the election remains to be seen. U.S. employment data released Friday would be expected the employment situation will not be ideal, in the afternoon on top of 15,000 will take the time to have a surface resistance. (Asidake Shen Qing Hong) A rise of 15,000 cash emotions of losing Outside the stock market, led by Hong Kong stocks continued to rebound yesterday, after the Hang Seng Index broke 15,000 points at one time, but then cash in the market sentiment on the rise, have lost 15,000 points. Disk, shares in a leading Chinese-funded status. State-owned shares led the market U.S. stocks rose by night and warmer in the Asia-Pacific Stocks incentives, that is now Hong Kong stocks opened up yesterday. Trading, the Hang Seng index crossed the 15,000 points at one time, the state-owned enterprises index had gained nearly 10%. But afternoon profit-taking emerged in the beginning, the Hang Seng Index closed up 455.82 points to close at 14840.16 points, or 3.17 percent. Index closed up state-owned enterprises has also narrowed to 5.32 percent, the newspaper 7225.69, the index rebounded from the lowest point in more than 50%. Market turnover 63,370,000,000 Hong Kong dollars, more than half of the expansion of Jiaoqian Ri. On the disk, although both major plate Chonggao down, but shares in the capital are still in a position of strength. In addition to yesterday's index of state-owned enterprises on petrochemicals, rose across the board. The R & F Properties, in cross-building, Jiangxi Copper rose 15%. Bank and CITIC Bank shares also rose 13.62 percent, the bank three strong performance of the Quarterly Bulletin, Citigroup, said Shi Jingshuai from the point of view, the lowest valuation of CITIC Bank, but the valuation discount situation is expected to continue, because the quality of its credit risk High (the size of the loans in the banking stocks in the fastest-growing), the increase in the cost of credit is more sensitive. In addition, Luoyang Molybdenum, Conch Cement, China Aluminum, and so have a good increase. Heavy blue chips are doing well. Long lines and the two companies are up more than 4%, Cheung Kong rose 4.05 percent, Hutchison Whampoa rose 4.88 percent. HSBC Holdings rose 2.54 percent, the market for up to contribute 60 points; China Mobile was up 0.28 percent, CNOOC up 5.76 percent. However, the leading property developers Sun Hung Kai Properties was down slightly against the market trend emerged, Morocco issued a research report said, it is expected that property prices over the next 12 months will be a further drop of 20%, followed by 12 months dropped by more than 10%, and is expected to be before 2011 Hong Kong property market will not see any signs of recovery. UBS also said the release of the report are not optimistic about the property market. Short-term pressures facing the callback Hong Kong stock market yesterday was also a characteristic that is defensive utility stocks down there have been collective. Gas utility stocks first and then fell 0.74 percent, 3.49 percent spit CLP, Hongkong Electric fell 5.72 percent. Stock-taking of public utilities in general indicates increased investor risk appetite. From the liquidity indicators, the current situation is true to some extent been eased, the overnight Hong Kong interbank interest rate has dropped to 2%, TED index has returned from its peak in mid-September. However, the decline in liquidity indicators, does not mean that liquidity environment has improved, market outlook may depend on the economic situation. United Securities Investment Officer, said Deng Weiji, Obama won the Democratic Party candidate, I think it will stimulate the market come to an end earlier 15,200-point resistance is expected to continue to exist. Hang Seng Index yesterday rose 15,000 to wear a high point after taking market outlook is expected to maintain the larger situation in which repeated shocks, following the first support at 13,800 points. In the short term is still the need to continue to observe U.S. economic data, as the local economy in the third quarter of negative growth is expected in the future tend to have a negative data, it is estimated that Hong Kong and the United States stock market would constitute pressure on re-adjustment. Tai Fook Research director Duguan Xiong said that the external stock market rose across the board, the market is expected to cut interest rates. However, most of the good news has been fulfilled, the Hang Seng Index rose to 10,600 from the current low level of 15,000 points, the cumulative increases in higher, not much room for further increases in the current market value of Bo rate is not high, appropriate to sell goods to leave. In fact, Chong Gao Hong Kong stocks fell yesterday at the same time that investors have been enlarged volume shipments helped temper the mood is on the increase.