Fresh money is flowing into the Hong Kong stock market to bet on further yuan rises and the money may flow into the domestic markets via various channels too. |
Large caps are showing signs of correcting their earlier gains, indicating that the recent rally may be nearing its end. |
The breakthrough of the key resistance of the one-year moving average delivers a positive signal to the market and could mean further gains in coming days. |
The market should rise further in coming sessions as investors' confidence got a boost from today's rally. |