Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: HSI Index: Longfor and more

In today’s briefing:

  • HSI Index: Longfor, Alibaba, Ping An, and Tencent

HSI Index: Longfor, Alibaba, Ping An, and Tencent

By Untying The Gordian Knot

  • The carnage in China and some Hong Kong real estate and property management companies and financials went largely unnoticed.
  • The five-day decline in Longfor was 18%, Country Garden by 15.50%, Hang Seng Mainland Properties Index fell 6.75%, and HSI Properties Index fell 2.75%.
  • It has had zero impact on the rest of the world (ROW) markets.

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