Hang Seng Index set a record high of 33,484.08 points on January 29, 2018. The next highest point was hit by a high of 31,183.36 points on February 18, 2021, and then fluctuated all the way, and finally fell to 18,235.48 points on March 15, 2022. From the current perspective, 18,235.48 is also the lowest point in more than four years.
Hang Seng Index weekly K-line chart
Hang Seng Index fell, down 45.54% from its highest point in 2018. As of August 26, 2022, the Hang Seng Index was at 20170.04 points, and it also fell 39.76% from its highest point, and rebounded 10.61% from its lowest point 18235.48 to the present.
From the technical perspective, the downward pressure of the Hang Seng Index is around 18500, and the trend from March 15, 2022 to the present can also be verified.
From the perspective of value, the Hang Seng Index is valued at 10PE, especially after adding a large number of technology stocks in recent years, such a low valuation has great investment value.
Hang Seng Index is an index with extremely volatile volatility. The index accounts for a large proportion of technology and real estate. These two have also suffered the most severe suppression in the past two years. Real estate stocks have fallen particularly hard due to debt. Technology stocks have fallen sharply due to the delisting of US and Chinese stocks.
Hang Seng Index point is 18500 points downward. From the valuation analysis, it also has great investment value now, and this point will not fall easily; the pressure level is from a technical perspective. If other big things happen, such as wars and stricter sanctions, you will know where it will eventually fall.
Hong Kong Hang Seng Index I own a relatively large position, and the positions account for about 14% of the total investment (including band positions). In addition, Hang Seng Technology and Hang Seng Medical account for a total of 6%, so my total investment position in the Hang Seng Index reached 20%, which also reached the maximum position value I set. These positions are slowly bought on the left side, and the long-term positions will definitely not be added. The fluctuating positions will continue to be carried out according to the strategies set before.
In summary, the Hang Seng Index now has great investment value. If I am short or positioned at the extreme of Hang Seng, I will definitely allocate some of the Hang Seng Index.
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