Lunar Holiday Preview: Shanghai down, Hang Seng Up

shanghai hang seng

Hang Seng – tepid trading, eked a .55% rise with 35 out of 50 members up.  Majority of sectors shared the love, particularly banks, while safety havens of utilities and telecom faltered and consumer staples, Want Want China, HK 151 and Tingyi Caymen, HK 322 fell 2% & .82% respectively despite the upcoming  Lunar New Year holiday where feasting is on the menu .  QFII expansion little perceived positive impact.

China Exchange Calendar for Next Week:

Lunar Cal 2016

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