Fundamentals
On Tuesday (February 15), Hang Seng Indexes Co., Ltd. issued a consultation document to solicit market opinions on the development of a new “comprehensive” China index using the constituent stocks and A-share companies of the Hang Seng Index China Enterprise Index. In recent years, funds and derivatives tracking the Hang Seng China Enterprises Index have grown significantly in size over the years. The view that “the constituent stocks of the Hang Seng China Enterprises Index and A-shares will form a new index” has positive meaning for global investors who are keen on A-shares.
technical
2.1 HSI 4-hour chart
In the 4-hour chart of the Hang Seng Index, the range of 24100~25100 is a triangular adjustment wave. It is currently running to the fourth sub-wave, and the trend direction is more.
2.2 HSI 2-hour chart
In the 2-hour chart of the Hang Seng Index, the price has been strongly supported by the lower rail of the ascending channel since January 28, 2022, and the current price has turned upward again due to this channel. And the dealer increases the volume and raises the price to enter the market at this position.
Focus on, above 24830, 24920, 24035.
Summarize
On Tuesday (February 15), Hang Seng Indexes Co., Ltd. issued a consultation document to seek opinions from the market on the use of the constituent stocks of the Hang Seng China Enterprises Index and A-share companies to develop a new “comprehensive” China index. For global investors who are keen on A-shares, it has a positive meaning. Focus on, above 24830, 24920, 24035.
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