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Hong Kong vs. US / Stock prices and charts

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Hong Kong vs. US / Stock prices and charts

 

HSI versus SPX ... update : from Aug.2008 : from Nov.2008

003ud.gif

When the gap gets big enough...

+ Buy HK, Sell US

+ Or maybe do it with options (HSI calls, SPY puts)

Or... that is what I thought, until I looked at the longer term chart

 

HSI versus SPX / From Aug.2007

002vq.gif

 

Instead, when HSI rolls over and breaks the 76d.MA is may be time to SELL SPY.

Another test of this idea is arriving now.

 

Looking at China too:

 

...weak property prices may be dragging China stocks lower.

 

Here's one of the big Chinese property developers leading the China index down ... update

zzzzw.gif

 

HKIN / HK Insider Trading :: http://www.advfn.com/cmn/fbb/thread.php3?id=24332486

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A MEETING AT THE CROSSROADS ?

 

I have seen this time and time again, and so it is worth documenting it.

 

Very often, when two key MA's are about to cross, the underlying price will move to/ or very near, the crossing point.

It seems to be happening right now with the Hang Seng index (HSI) as this chart shows ... update

 

002d.gif

 

In this case, the HSI price is meeting a cross of the 8d, 21d, and 76d MA.

 

This will be a key cross, if the HSI can blow through it, and surge to a higher level, it may drag upwards not only the HSI itself,

but also save the SPY from putting in an important top.

 

Close-up of HSI vs. SPY ... update

003mh.gif

 

Funnily enough, the SPY seems to peak when HSI's 21dMA drops below the 76dMA. But ONLY if the HSI price action stays below the crossing point. The jury is still out this time and the lower price action, may or may not be sustained at the lower price level this time. The weak volume is another sign that HSI prices are not in the middle of a trend move.

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Hong Kong stock ideas.

 

These are from David Webb - direct from the "horse's mouth" at a dinner last night, and from his filings

 

0328 / Alco Holdings

0684 / Allan Int'l Hld.

1120 / Arts Optical Int'l

0927 / Fujikon Industrial

0645 / KTP Holdings

2728 / Shinhint Acoustic

0125 / Sun Hing Vision

====

(SEE): http://www.greenenergyinvestors.com/index....showtopic=12762

 

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INSIDER BUYING - per "the Insider", Robert Halili (in Monday's SCMP)

 

I am going to collect here some information about HK-listed companies where insiders are buying

 

Co. Profile :: http://finance.yahoo.com/q?s=0001.hk&d=t

Insiders :: http://www.aastocks.com/en/stock/Interests...px?symbol=00001

=========

 

20.Dec.2010: (44 co's bought shs worth HK$430 mn)

=========

HK:1 / Cheung Kong ... : Li Ka-shing bought 2.26mn shs, at $114.78 = $259.8m / MC-$263B

HK:1118 / Golik .......... : John Fletcher, Exec Dir. bot 60,000 x $0.98 = $58,800 / MC-$495m

HK:279 / Freeman Fin'l : A rare insider buy, after a price drop. At $0.35 = MC-$886m

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RTO's - REVERSE TAKEOVER STOCKS

 

I think that a deal has already been announced here:

 

HK:979 / Green Energy Group Ltd (SEHK) ... update / MktCap; $363.26M at $0.82

001ub.gif

Big shareholders: Always New Ltd/ Chui Pui Fun/ Jerry Yip: 50.33% - Always Adept: 15.13%

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Accidental Findings - "cheapies"

 

DRAGONITE INT'L (HKSE: 0329.HK) : $0.05 x 3,695mn = $184.8mn ... chart-329 : log-329

Dragonite : fd.2001 / ex. Ruyan Technology : Electronic cigarettes / name changed July 2010

hk329.gif

website: http://www.dragonite.com.hk/epage.php?fram...00&pageid=7

 

Original reported MktCap : $0.05 x XXXXmn = $4.32mn

This is more accurate---- : $0.05 x 3,695mn = $184.8mn

 

LIQUIDITY, FINANCIAL ANALYSIS AND CAPITAL STRUCTURE

As at 30 June 2010, the Group’s net borrowing was HK$3,711,000 (31 December 2009:

HK$152,000,000), in which all of the borrowings represented the liability component of

fixed convertible bonds. Gearing ratio of the Group decreased from approximately 343.9%

as at 31 December 2009 to approximately 2.24% as at 30 June 2010. This calculation is

based on net borrowings mentioned above and shareholders fund of HK$165,865,000

(31 December 2009: HK$44,207,000). Cash and bank balances of approximately

HK$37,807,000 (31 December 2009: HK$24,117,000) and total assets of approximately

HK$216,987,000 (31 December 2009: HK$271,412,000). Net current assets of the Group

on the same date amounted to approximately HK$125,502,000 (Net current liabilities as

at 31 December 2009: HK$6,046,000). As at 30 June 2010, the balance of the inventories

amounted to HK$52,241,000, representing a decrease of HK$47,036,000 when compared

with the balance of that as at 31 December 2009

/see: http://www.dragonite.com.hk/upload/news/12...75_EW0329IR.pdf

 

There are 18 overlapping organisations.

Organisation Overlap

* hk:8131 / abc Multiactive Limited

* hk:745 / China Railsmedia Corp :

* hk:885 / Forefront Group Ltd

* hk:412 / Heritage Int'l Holdings

* hk:136 / Mascotte Holdings Ltd

* hk:758 / Junefield Department Store Gp

* hk:860 / Ming Fung Jewellery Gp

* hk:208 / Polytec Asset Holdings

* hk:901 / Radford Capital Inv

* hk:198 / SMI Corporation Ltd

====

Symbol= : Organisation Overlap : Price : MktCap

====

hk:329 / Dragonite Internat'l..... : $0.05 : $ 4.32 mn

hk:8131 / ABC Multiactive Ltd ... : $0.50 : $ 80.5 mn

hk:745 / China Railsmedia Corp : $0.12 : $178.7mn

hk:885 / Forefront Group Ltd ... : $0.04 : $146.2mn

hk:412 / Heritage Int'l Holdings : $0.08 : $146.3mn

hk:758 / Junefield Dept Store G : $0.93 : $930.0mn

hk:136 / Mascotte Holdings Ltd : $0.38 : $672.9mn

hk:860 / Ming Fung Jewellery Gr $0.80 : $ 2.04Bn

hk:208 / Polytec Asset Holdings $1.18 : $ 5.24Bn

hk:901 / Radford Capital Inv.. : $0.06 : $91.58mn

hk:198 / SMI Corporation Ltd.. : $0.43 : $ 2.78Bn

====

Profile :: http://finance.yahoo.com/q?s=0745.hk&d=t

 

====

Alvan Liu & Partners 1

Found Macau Investments International Limited 1

HKSAR Obscene and Indecent Articles Panel of Adjudicators 1

Hopkins CPA Limited 1

K.S. Liu & Company, C.P.A. Ltd. 1

M Channel Corporation Limited 1

Pacific CMA, Inc. 1

Shum & Co. 1

 

/source: http://webb-site.com/dbpub/overlap.asp?p=13425&hide=N

/charts : http://www.advfn.com/cmn/fbb/thread.php3?id=24130852

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IPO's not working out as expected ...

 

Investors left holding "lemons" as profits plunge - SCMP

HK top market by funds raised, but eight stocks turn sour after listing

 

+ HK raised more than HK$440 billion in funds thru IPO's this year

+ Amongst the IPO's, the success was soured by a few lemons

 

Infinity Chemical Holdings (HK:xxx) of Macau reported, without warning, a 48% drop in annual profits.

 

Seven other new firms also reported "surprise" profit drops, with no such warning in the prsopectus:

 

+ Bright Smart Securities & Commodities Group

+ China Titans Energy Technology

+ Ford Glory Group

+ Great Harvest Maeta Group

+ Guotai Junan Int'l Holdings

+ Manta Holdings

+ Sound Global

 

These firms collectively raised HK$2.78 billion, and in the prospectus, directors spoke of "no material adverse change."

47 other firms are yet to report

 

 

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(adding back images - for Header):

 

Hong Kong vs. US / Stock prices and charts

HSI versus SPY ... update :

update-SPX : from Aug.2008 : from Nov.2008

HSI.gif

When the gap gets big enough...

+ Buy HK, Sell US

+ Or maybe do it with options (HSI calls, SPY puts)

Or... that is what I thought, until I looked at the longer term chart

HSI versus SPX / From Aug.2007

002vq.gif

Instead, when HSI rolls over and breaks the 76d.MA is may be time to SELL SPY.

Another test of this idea is arriving now.

Looking at China too:

...weak property prices may be dragging China stocks lower.

Here's one of the big Chinese property developers leading the China index down ... update

zzzzw.gif

HKIN / HK Insider Trading :: http://www.advfn.com/cmn/fbb/thread.php3?id=24332486

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There appear to be some CYCLES which look more clear when you look at both markets together

 

HSI versus SPY - update

HSIvsSPYcyc.gif.jpg

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Hong Kong : It's Getting More Expensive

 

HK's inflation rate hits 7.9pc - the sharpest rise in 16 years

 

+ Signficantly higher than 5.6pc yoy recorded in June

 

+ Attributed to rises in rents and food prices

 

+ Thanks to a weak dollar and the peg

 

You have to go back to Nov. 1995 - when CPI rose 8.5 pc to find a higher rate

 

Hang Seng Index / HSI ... update

HSImo1987.png.jpg

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