Hong Kong Stocks

This forecast is part of the package “By Country”, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top ten Hong Kong stocks picks to long
• Top ten Hong Kong stocks picks to short

Recommended Positions: Long
Forecast Length: 1 month (09/06/15 – 10/06/15)
I Know First Average: 44.40%

The Hong Kong Stocks Package forecast from 09/06/2015 included the top 10 stocks for the long positions. Eight out of ten stocks were correctly predicted by the algorithm. The most impressive stock for the long position was 0245.HK with a return of 200%. Other top performing stocks from the forecast were 2323.HK and 0736.HK with solid returns of 129.03% and 60.00% respectively. The average return for the long position was 44.40%. The average return significantly outperformed the S&P 500 return of 3.06% during the same time horizon.

China Seven Star Holdings Limited (0245.HK), an investment holding company, trades in chemical materials in the People’s Republic of China. The company operates in three segments: PRC Retail and Distribution, Trading of Chemical Materials, and Insurance Agency. It is involved in the provision of consultancy and insurance agency services. The company was formerly known as China Seven Star Shopping Limited and changed its name to China Seven Star Holdings Limited in December 2013. China Seven Star Holdings Limited is headquartered in Wanchai, Hong Kong.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.