News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Donal Trump to meet Kim Chung Un in Singapore today
The Hong Kong market opened high on Monday.Hang Seng index opened up 58 points and H share index up 8 points. Tencent rose 1.2% to contribute 34 point gain.AIA rose 0.62% for 17 po...
Reset
Send
The window will close in 5 seconds
Donal Trump to meet Kim Chung Un in Singapore today
2018/06/12 09:20
Analyst : Lun Sheung Nim (CEO, GEO Securities Limited)
The Hong Kong market opened high on Monday. Hang Seng index opened up 58 points and H share index up 8 points.  Tencent rose 1.2% to contribute 34 point gain. AIA rose 0.62% for 17 point gain. Hang Seng Bank rose 1.4% to become the top gainer at opening. WH Group lost 1.65% to become the top loser at opening. Consumer stocks fell. Mengniu lost 1.4%. Hengan lost 1.37%. A shares opened down 0.48%. Shanghai composite index lost 14 points. The market turned from gain to loss moments after opening. Oils and Mainland banks led the fall. CNOOC lost 2.12% to account for 15 point loss. Handset suppliers also fell. Sunny Optical lost 2.14% and AAC lost 2%. Hang Seng index fell to a morning low of 30899 points, down 59 points. Then the market rebounded. Tencent and AIA led the rally. Hang Seng index rose more than 100 points and rose to a high of 31118 points, up 160 points. A shares closed the morning down 0.26%. Shanghai composite index closed down 8 points.   Hang Seng index closed the morning up 97 points and H share index closed up 13 points. Turnover was $42.4 billion.

In the afternoon, the market was little changed in early trading. Hang Seng index lost under 100 points. Tencent, AIA, HSBC and Geely led the rally. Geely rose 2.97% to become the top gainer. WH Group fell by 6% to lead the losers and caused 13 point loss. Cement stocks rose. CR Cement rose 4.9%. Anhui Conch rose 1.45%. Asian Cement rose 1.6%. Pharmaceutical stocks were mixed. Luye rose 4.3%. 3 Biopharm rose 3.7%. However, Fosun Pharma lost 1.1%. Sinopharm lost 3.3%. Macau gaming stocks rebounded from last week’s sell-off. Sands rose 2% and Galaxy rose 1.63%.  Property management shares rose again. Colour Life rose 7.3%, and China Overseas Property rose 3.7%. A shares closed down 0.47%. Shanghai composite index closed down 14 points.  Hang Seng index reached an intraday high of 31134 points, up 176 points and closed up 105 points and H share index up 6 points. Trading was quiet with turnover of $77.3 billion.

Overnight, overseas markets rose slightly. Donald Trump left the G7 summit in disarray, and flew to Singapore to meet with Kim Chung Un. There are high hopes for the Singapore summit that an official end agreement to the Korean war will be signed. European markets rose under 1%. DAX rose 76 points; CAC rose 23 points and FTSE rose 56 points. US markets were range bound. Dow Jones rose 5 points; S & P rose 3 points and Nasdaq rose 15 points. Hong Kong ADR’s rose 87 points in New York. Night future rose 37 points. We expect the market to rise today. 
Most Popular Commentary
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
AASTOCKS.com Ltd, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co., Ltd., Interactive Data Corporation, their affiliates, their Sources and/or their third party data suppliers endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Ltd, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co., Ltd., Interactive Data Corporation nor their affiliates nor their Sources and their third party data suppliers make any express or implied warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information. Neither AASTOCKS.com Ltd, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co., Ltd., Interactive Data Corporation nor their affiliates nor their Sources and their third party data suppliers will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness. The quotes, charts, commentaries and buy/sell ratings on this app/website should be used as references only with your own discretion. Prior to the execution of a security trade based upon the Information, you are advised to consult with your broker or other financial representative to verify pricing information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this app/website are taken at your own risk for your own account. AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time. The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited. Investing and trading in stocks, currencies and other securities are very risky. AASTOCKS.com Limited encourages you to use the risk management and educational tools on this app/website. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance. AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited is not the service provider of the trading platform and shall not be liable to the Customer or any third party for, including but not limited to, the correctness, quality, accuracy, security, completeness, reliability, performance, timeliness, pricing or continued availability of the trading platform.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guaranty the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

In order to provide you with the most and best possible information, AASTOCKS.com Limited will keep the relevant records produced automatically by the server when you are browsing or making inquiries on this application/website, including IP address for the connecting device, geographic location, device information, browsing period, the browsers you have used, and data you have browsed and selected, etc. The business partner(s) of AASTOCKS.com Limited may get access to the records in an appropriate form of technology for advertising purposes.