Hang Seng Future up 600+ points

[crazy_trader]

Holy Hang Seng, what is going on?

 

[tatsimon]

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

 

[kiwi_trader]

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

 

[kiwi_trader]

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">

 

[ksonsinc]

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

 

[stock_trad3r]

ES RU Sp00z aghhhh too much

 

[zentrader]

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.

 

[joesan]

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