Wednesday, January 13, 2010

HK Market...Any opportunities?

Watch out for following counters if you want to take advantage on HK market.

1. ICBC Bank - HKD 5.90 ( trading buy @ 5.80-5.60 )
2. BOC - HKD 4.00 ( trading buy at 3.80-3.60 )
3. Hopewell - HKD 5.00 ( accumulate at 4.80-4.60 level, TP 6.00 )

WHY Hong Kong?

1. Liquidity - the turnover is 38X more than M'sia n market
2. Volatility - able to take advantage on the price fluctuation.

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