January 9th [Hong Kong Stock Podcast] Hang Seng Index, HSBC, JD.com, Zhaogin, Kuaishou, Luoyang Molybdenum

1. Hang Seng Index: Bullish investors believe that next week it could rise to 26,400 points with a stop-loss at 25,800 points; bearish investors say: go directly to 25,800 on Monday, hold bear certificates overnight, with a stop-loss at 26,480. $Hang Seng Index (800000.HK)$

Simon: Hello everyone, let’s review the situation of Hong Kong stocks. As usual, we’ll start with the Hang Seng Index. Looking at the final closing price, there wasn’t much change in the Hang Seng Index on January 9th, remaining at around 26,231 points, not much different from yesterday. Trading volume was slightly lower than yesterday.

Looking at investor sentiment, there are still those who are bullish and those who are bearish. Bullish investors think that next week the Hang Seng Index may continue to rise to about 26,400 points. However, bearish investors feel that the Hang Seng Index might fall to around 25,800 points.

In terms of current support levels, they align closely with investor expectations, with support around 25,769 points, quite close to 25,800 points. If the Hang Seng Index does rise as previously mentioned to 26,400 points, then the current resistance level could surpass 26,400, possibly reaching around 26,500 or even close to 26,593, which is the current resistance. However, based on a summary of technical signals, the Hang Seng Index currently has no clear direction and maintains a neutral technical signal summary. In other words, buy and sell signals are balanced, but neutral signals dominate. To sum up, the Hang Seng Index temporarily lacks a clear direction, so you can refer to relevant advice for your operations.

Another reminder: if you're planning to purchase bull certificates related to this, try to choose products with a recovery price that's a bit further away. For example, the support level mentioned earlier is around 25,769 points. If you're buying bull certificates, you could choose a recovery price that’s a bit farther out, such as around 25,400 or close to 25,200 points. This would be relatively more reasonable and carry a lower risk factor. Similarly, for investors purchasing bear certificates, the current resistance level is around 26,500 points. Although it seems there’s still some distance, for safety’s sake, it’s recommended that investors choose bear certificates closer to 26,900 or even 27,000 points to avoid gradual forced recovery scenarios, which would be more prudent. Of course, ultimately everyone should make decisions based on their own risk tolerance. $BI#HSI RP2801L.P (60163.HK)$$BI#HSI RP2804K.P (54438.HK)$$UB-HSI @EP2606A.P (24040.HK)$$SG-HSI @EP2606A.P (24091.HK)$

2. HSBC Holdings (00005.HK): Investors are asking whether it's suitable to add positions at 120 yuan. In the derivatives market, investors hold bull certificates with a recovery price of 104.8 yuan.

Simon: Next, let’s take a look at individual stocks. The first stock I want to talk about today is HSBC Holdings (0005.HK). Let’s quickly review its share price situation on January 9th. Over the past few days, HSBC's share price has retreated somewhat, but the previous trend was indeed very good, rising all the way up to around 129 yuan, close to the high point of 130 yuan. So, I believe everyone has high expectations for HSBC’s share price. After reaching a high of 129.5 yuan, today’s closing price fell back to around 124.8 yuan.

Some investors are asking, if HSBC’s share price adjusts again, where will it adjust to? First, from the current summary of technical signals, HSBC is temporarily “neutral,” without a clear direction. Simply put, whether it’s currently suitable to consider investing in HSBC, or for those who missed the rise, whether they should chase the upward trend, according to technical signal analysis, it may not be an ideal choice for now. In terms of support levels, it’s roughly at 119.6 yuan, meaning breaking below the 120 yuan support level. If it really breaks below, it might fall further to 114.8 yuan, just as a reference for everyone. $UB#HSBC RC2806E.C (58939.HK)$$BI-HSBC@EC2605A.C (23691.HK)$

3. JD.com Group-SW (09618.HK): Has it bottomed out? Can it break through 118 yuan? Some investors hold bull certificates with a recovery price of 105 yuan.

Simon: The next stock is JD.com Group (9618.HK). JD.com's share price rose slightly on January 9th, increasing by about 2%, which was pretty good performance. As for the closing price, today’s share price once broke through the top of the Bollinger Band, so I believe investors have taken note. One reason is that today’s trend was relatively ideal. Some investors are asking whether there’s a chance for continued upward movement, or even breaking through 118 yuan. First, looking at the resistance level, JD.com's current resistance level is exactly at 118.6 yuan. If it can break through 118.6 yuan, it will rise further to 122.7 yuan. From the overall summary of technical signals, JD.com currently shows a “buy” signal, with more buy signals than others, indicating short-term optimism. For investors interested in related bull certificate investments, it’s relatively more appropriate to focus on products around 105 yuan or below. Because the current support level is around 106.5 yuan, purchasing products at 105 yuan or below will carry a relatively lower risk of being called back in the short term. $UB#JDCOMRP2808B.P (56284.HK)$$BIJDCOM@EP2603A.P (20185.HK)$$JP#JDCOMRP2812B.P (54827.HK)$$HUJDCOM@EP2603A.P (20150.HK)$

4. Zhaojin Mining (01818.HK): Strong breakout to new highs, how much more upside potential is there? Investors hold call warrants with a strike price of 41.83 yuan.

Simon: Next, let’s take a look at another stock, Zhaojin Mining (1818.HK). On January 9th, Zhaojin Mining's share price performed quite well, reaching a high of 35.9 yuan, with a closing price of 35.58 yuan. The trend of Zhaojin Mining's share price must have pleasantly surprised and excited investors today. Some investors are asking, after setting a new high, what’s the likelihood of further increases, and if they continue to be optimistic, where might it rise to?

For Zhaojin Mining, the current resistance level is approximately 37.1 yuan. If it breaks through 37.1 yuan, it will rise to 39.9 yuan. Therefore, if you hope for the share price to reach around 40 yuan, it may take some time and might not happen quickly. Additionally, here’s a reference: the current technical signal summary for Zhaojin Mining indicates mostly “sell” signals, with selling technical signals predominating, something worth noting when making investment decisions. $BIZHJIN@EC2606A.C (23618.HK)$$JPZHJIN@EC2606A.C (23413.HK)$

5. Kuaishou-W (01024.HK): Investors are asking whether it has stabilized. Technically, can it challenge 80 yuan? Investors hold calls.

Simon: Next, let's look at Kuaishou-W (1024.HK). First, let’s examine its stock price trend. On January 9, Kuaishou’s stock price performed well, rising by 3.89%, with a closing price of approximately HK$74.7, close to the top of the Bollinger Band. Moreover, today the stock price briefly touched near the upper limit of the Bollinger Band.

The current resistance level is around HK$78. Therefore, if the stock hopes to rise to HK$80, it may first need to break through the HK$78 mark. If it can successfully break through, there is potential to challenge HK$83.6. So for Kuaishou, the key will be whether it can break above HK$78. However, one should note that the current technical signals are predominantly indicating 'sell,' and this is something investors should be mindful of. $SG#KUASORP2812S.P (56227.HK)$$CIKUASO@EP2603A.P (18971.HK)$$BIKUASO@EP2603A.P (19035.HK)$

1. Loyang Molybdenum (03993.HK): Investors believe that in the broader trend of cyclical stocks, the stock has been moving steadily. Will it break through HK$23? In the warrant market, investors are holding call warrants with a strike price of HK$23.

Simon: Before today ends, let me review another stock with you—Loyang Molybdenum (3993.HK). On January 9, its stock price trend was quite good, briefly approaching the previous high of HK$22, and the closing price was HK$21.66. So overall, the stock’s performance has been positive. Some investors have asked whether Loyang Molybdenum has the potential to continue rising to reach HK$23. The current resistance level is around HK$22.5; only by breaking through HK$22.5 does it have the possibility of reaching HK$23. This is provided for your reference. However, it's important to note that from a technical signal perspective, the predominant indication is still to sell, so the outlook isn’t very optimistic. Thus, if we expect the stock price to rise to HK$23 in the short term, further observation might be necessary.

That concludes our sharing for January 9. Thank you all for tuning in, and next week we will continue to bring you the latest updates on Hong Kong stocks. Thank you, everyone, and goodbye.

Disclaimer: This article does not constitute any investment advice.

This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We shall not be liable for any loss or damage arising from reliance on the information in this article. Technical analysis merely indicates whether certain technical conditions are met; a comprehensive evaluation of asset performance should incorporate additional data. Trading decisions should not be based solely on the content of this article. Please note that past performance is not indicative of future results.

$Hang Seng TECH Index (800700.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $HKEX (00388.HK)$ $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $NTES-S (09999.HK)$ $PING AN (02318.HK)$

367K Views