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Does anyone buy stocks in HK? Does anyone buy stocks in HK?
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Old 12-15-2008, 07:17 PM   #76
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i know u guys r from hk, im born n raise there too but
just out of curiousity
how come some of u guys would choose trading hk equities over us and canadian?
i mean u guys live here (which i assume from reading ur posts), the media here focuses heavily in the us n canadian market neways,which in turn favors u guys from trading cos more infos are exposed..
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Old 12-15-2008, 07:19 PM   #77
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oh nvm
im guessing u guys trade hk when us is close =)
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Old 01-14-2009, 05:14 AM   #78
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Morgan Stanley downgraded HSBC to $52 target price

hope that doesn't happen
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Old 01-15-2009, 12:12 AM   #79
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Quote:
Originally Posted by KJQL View Post
Morgan Stanley downgraded HSBC to $52 target price

hope that doesn't happen
Quote:
A quick look at Google news archive:

December 2007: Morgan Stanley cut its price target for HSBC Holdings plc shares traded in Hong Kong to HK$115 each from HK$131

March 2008: Goldman Sachs Group Inc. analyst Roy Ramos raised his target price by 12 percent to HK$128 in a report today, citing an implied dividend yield of 6.4 percent for 2008. He kept his ``sell'' rating on the stock. By contrast, JPMorgan Chase & Co. analyst Sunil Garg cut his target price for HSBC by 17 percent to HK$110 and said revenue and asset quality in Europe may face ``pressure.'' He kept his ``underweight'' rating on the stock.
http://www.bloomberg.com/apps/news?p...VBg&refer=home

May 2008: Morgan Stanley cut HSBC to 'underweight' from 'equalweight' but maintained a target price of 115 hkd, factoring in higher estimate for the bank's non-performing US mortgage loans.
http://www.forbes.com/markets/feeds/...fx4989559.html

June 2008: HSBC Holdings PLC. We are continuing our Hold on HSBC Holdings, but raising our target price to $85.
http://www.bloomberg.com/apps/news?p...d=aovTo7WiXbXU

January 2009: HSBC fell more than 4 pct and hit an over seven-year low after Morgan Stanley slashed its target price to 52 hkd from 75
http://www.forbes.com/afxnewslimited...fx5917606.html

Don't listen to these morons. It's all a casino at the moment and no one has any idea what the situation will be 6 months from now.
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Old 01-15-2009, 12:52 AM   #80
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where do you guys get your charts when you trade hk? do you use real time charts?
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