With the HSI rising more than 52% in 2009, let’s hope there will be a repeat in 2010!
Here is my strategy for HK Stocks this year:
- Subscribe for IPO (particularly for the smaller ones with an inbound consumer focus)
- Policy-driven trading: Follow the news closely. Any policy change will trigger new sells and buys and any of these trends can easily last for a week. A lot of Chinese companies are dependant on the central government’s policy. With the government worrying about a double dip in the middle of this year, more stimulus packages will possibly be rolled out to support certain industry segments and some stimulus packages will be withdrawn to prevent over-heating of some segments.
Happy Trading for 2010 everyone!
