By surrounding the stock market rebounded strongly driven the rapid increases in the re-emergence of Hong Kong stocks Tuesday, the second consecutive trading day gains, the Hang Seng Index on the 2nd cumulative increase of more than 1000 points. At the same time, gradual increase in volume, indicating the enthusiasm of capital to participate in start upgrading, the market sentiment is being aroused. Generally speaking, Hong Kong stocks at will appear after冲高organize movements, but the funds at will to enhance the involvement of background, the Hong Kong equity disk is also expected to enhance the reception. In fact, Hong Kong stocks rise over the short-term cumulative large Tuesday after it had occurred at a high profit-taking, I think, after the rapid increases in short-term shocks are somewhat inevitable, but the market reversed down the possibility of a U-turn not large, it is estimated that the Hong Kong equity market outlook will be repeated to show the trend of consolidation, or will enter a not dismiss speculation stock market index of the stage.

Hang Seng Index rose again Tuesday, and continued to wear or 13200 points, after crossing the challenges of high trend. The focus of stock and foreign exchange control (00005.HK) continued upside leader, but some published performance index stocks start showing signs of increased weakness and gradually expose the fatigue. Tuesday Hang Seng Index closed at 13,910 points, up 463 points, trading volume was further increased to 63.8 billion Hong Kong dollars, are two months since the biggest single-day trading volume.

Hang Seng Index from March 9 low of 11,345 points, the stage show rebound waves, the rapid increases in the 13200 point mark after a week-long sideways consolidation, after consolidation finish at再度发力to the upside Monday, two days rose to draw near 14000-point mark. In view of the current升浪are again after a consolidation after the start, so this wave升浪should be more solid, even after the Hang Seng index rose back to the whole, it is estimated that it can stay at 13200 points, the top of the support spaces, and the situation on the short-term operation should be more favorable, especially in the market “may have insurance defend” the background, emerging market funds back to the whole will be low when the conduct of intervention, which will also bring stability to the market’s ability to support.

However, indicators of stock market rally has been showing signs of fatigue. After a round of market shares bounced up after the stock from the earlier low generally rose more than 20% in its share price bounced up rate has been greater under the premise, coupled with the recent publication of the performance of the company failed to bring about a pleasant surprise, and thus the market shares impulsive force on short-term decline in signs of large-scale Chinese-funded unit in this area reflect the more pronounced. Bank (03328.HK) and China Mobile (00941.HK) results released last week, the stock appears back to the whole, although the stock at these two be able to follow the market day pick-up, but so far not been able to break up, also failed to become a relay up fried variety. The Bank of China (03988.HK) Tuesday announced net profit for last year’s 64.36 billion yuan, up 14.42 percent. China Telecom (Quotes, information, reviews) (00728.HK) net profit last year, 96 percent back, has recorded only 884 million yuan. I believe this performance Report, the rate has bounced up larger stocks, this has already become difficult to lead to further push up effect. In fact, the leading Chinese-funded real estate overseas development (market, information, reviews) (00688.HK) Monday announced a profit in 2008 increased by only 21 percent, the message it shares fell 2.65 percent against the market trend to close at 12.48 Hong Kong dollar, it is clear that the Unit has taken the lead in a U-turn down the trend.

Seen in this light, the author estimated the market shares of short-term re-up space has been restricted, it is expected to enter their short-term trend will be increased after the consolidation phase, the focus will be placed on the market in small-cap stocks, the短炒or should be based on these species for target