I love HK stocks for a few reasons:
1. They are relative cheaper and more volume than our Malaysian Banking Stocks (sometimes 1 counter equals the entire KLSE Volume itself).
2. HKD100 is about RM 43.78 now. So imagine Bank of China now is about RM2.10, ICBC is about Rm3. China Mobile is about RM38.
3. In terms of Currency, there is no doubt that Hong Kong Dollar and China Ren Min Bi will one day double from its value within the next 10 years when their economy over takes Japan & perhaps even US. Everybody is talking about it and from the way the economy is going, its is going to happen sooner than you think.
4. In China there is A Share and H Share. H share is relatively cheaper and more Unit Trust Funds and Retailers like Public and Foreign Funds mostly invest in H Shares. Direct investments for China Citizen into Hong Kong Shares is not implemented yet. Personally, I think the China Government was very smart to suspend it that time just before the Financial Recession. Else alot of people would have been burnt. Imagine the flow of funds when this is implemented in years to come? Hang Seng Index will be looking at at least 40,000 in the next 5 years when the economy fully recovers.
5. HSI is now around 21,000 Level. Its lowest Level was 10,000 which was in March this year. For the past 2 years, HSI Lowest was 10,000 Level, Highest was 32,000 Level. And now it has recovered 50% to 21,000 but the share prices has increased by at least 120% from its lowest point.
KLCI Lowest was 800 points, Highest is now at 1232 Level. meaning KLCI only recover about 60% only from its highest point at 1530 level. Another 300 points to go to break new high.
Here are some of the stocks that I am monitoring for the HKSE & Singapore:
1. Bank of China: A blue chip of the HKSE, its movement and price trend is similar to ICBC. Its always in high volume trading and slightly cheaper than ICBC.
Lowest was around HK$ 1.70. Highest was HK$ 5.27. Now trading at HK$4.08. IPO Price was around HK$2.50. Consider is a good buy around HK$3.00 but HSI will have to be 15,000 Level to reach that kinda price. Personally I think its more like Public Bank of our KLSE.
2. ICBC: Was said to be the best Banking Stock of the HKSE, very well managed. Its movement and price trend is similar to Bank Of China & China Construction Bank(Slightly more expensive). Its always in high volume trading.
Lowest was around HK$ 2.61. Highest was HK$ 7.49. Now trading at HK$5.84. Consider is a good buy around HK$4.00 but HSI will have to be 15,000 Level to reach that kinda price. Simliar to our CIMB Bank of the KLSE.
3. China Mobile: Its said to be the most Under Valued Stock in the HKSE, personally I agree. imagine this is the counter that's is going to handle all the Mobile Users of China, Including the incoming
Lowest was around HK$ 50.50. Highest was HK$ 160.00. Now trading at HK$75.60. Consider is a good buy around HK$70.00 but HSI will have to be 18,000 Level to reach that kinda price. This is like Digi, very stong but strong potential in a fast growing mobile market.
4. Petro China: It was said to be the World's 1st 1 Trillion Dollar Company. With Oil Related Business as its main core business, its share prices is highly related to the US Crude Oil Price which is currently trading at USD69.30 now. Petro China is now trading at HK$8.76. This is a good counter to invest if you think that Oil Prices are going up.
Lowest was around HK$ 4.05. Highest was HK$ 20.25 when crude Oil Price was above USD100 level, highest at USD147.27. Great Oil Investment Stock as it is well managed, can invest when Oil Prices are lower. Good Entry Price would be around HK$6.50, but not much chances of it coming down if oil prices are strong at USD65 to 75 level.
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utorrent??
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