02-05-2024, 09:10 AM
HSI needs to stay above....17650 to maintain up trend.
South bound funds fro stock connect show net positive flows 10 days in a row. Discount of dual.listed stocks e.h..banks are 40% discount to main on HKEx. Those seeking higher dividends will send buy trades south.
There may be backlog as each brokerage has limit for southbound trades.
Problems emerging in US economy and high stock valuation
May drive funds to emerging markets provided rates head down.
South bound funds fro stock connect show net positive flows 10 days in a row. Discount of dual.listed stocks e.h..banks are 40% discount to main on HKEx. Those seeking higher dividends will send buy trades south.
There may be backlog as each brokerage has limit for southbound trades.
Problems emerging in US economy and high stock valuation
May drive funds to emerging markets provided rates head down.
![[Image: slQY3Gu.png]](https://i.imgur.com/slQY3Gu.png)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.