Hang Seng Future up 600+ points

Holy Hang Seng, what is going on?

 

wasn't there just recently a "Hang Seng Top" thread? Whats going on??

 

That thread was actually talking about the Shanghai index not the Hong Kong index. I pasted a pic of HSI in that thread.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=94199

 

And I wouldn't go long the us indexes because of the HSI -- watch the Nikkei for that sort of guidance.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1466464">

 

dam i better go ES long right now
Cause the es will react to the european market

 

ES RU Sp00z aghhhh too much

 

HONG KONG, May 14 (Reuters) - Hong Kong-listed stocks in
mainland companies, or H shares, surged 5.3 percent to an
all-time high on Monday after China said it would let qualified
domestic institutional investors plough funds into overseas
equities for the first time.

 

Last Friday night,scared by the bubble in the domestic A-share stock market, Chinese government cancelled restriction on chinese citizen to invest in overseas security market. Now the huge Chinese people's saving can ( and definately will ) flow to foreign stock markets, Hong Kong is the first target.


Not a good day for trading HSI , see also this thread.

http://www.elitetrader.com/vb/showthread.php?threadid=94384