[sp1key]

New to HKSE scene. Have tried searching on geoexpat and trying to look for some good informative, updated and free sites on shares/stocks/ipo in English!
besides hkex.com

Anyone can share some free informative, updated and recommended sites?
Thank you very much!

[KnowItAll]

http://www.quamnet.com

[sp1key]

ya came across that KIA thanks but its not entirely free...

remember coming across a securities or bank site which was very informative but just lost the link to it

[sarpesius]

Originally Posted by KnowItAll

http://www.quamnet.com

This question is a bit tangential but maybe suited to this thread:

Is it possible and easy for an expat to open an online brokerage account in HK and trade on any shares available?

In the US we can open accounts with fairly low minimums and trade for 7 USD per trade on all American markets.

[PDLM]

It's easy for anyone except US citizens (for whom it is very difficult to find anyone who is prepared to deal with all the bureaucracy that your government imposes on them for dealing with you).

[sarpesius]

Originally Posted by PDLM

It's easy for anyone except US citizens

I just checked the sites referenced w/n, and at the bottom of the page of, this thread.

It seems I can just use the American companies like Interactivebrokers and scottrade anyway. Some HK shares, like PCCW, are listed in american markets.

[PDLM]

Indeed but they are online brokerage accounts in the US, not the "online brokerage accounts in HK" about which you asked.

[Boris]

Originally Posted by sp1key

ya came across that KIA thanks but its not entirely free...

remember coming across a securities or bank site which was very informative but just lost the link to it

quamnet.com is a free registration which gives you access to the news alerts. For analysis there is no site which gives you that for free, its someones business after all.

Also you can't get anything that is not time delayed for free either. Same as before , you need to pay to get an edge.

However for the best value on trading software I don't think you can get better value that that on quarmnet @ HKD180 p/m for Quarmnet Stock Library Plus. As an offline package its pretty good.

aastocks.com is a good charting front end but the share volume blocks can be a little unhelpfull. I use the HKeX intraday to get a better feel for type of trade and volume but AAstock uses candle charts which show more information against movement.

For online real time trading all the packages seem to range over the HKD380 to 450 price range but then again they have to buy into the HKeX own software rates so there is no " discount " way round it . UNLESS someone has a Crack or Keygen for such offerings.

As a day trader ( starting ) I have done a lot of research into patterns and behaviour and online advantage seems only advantageous for selling of a fast turning stock. You need to do this before wanting to part with your cash of course.

We are having this week ( so far ) off to let the waters clear.

My view of HKeX is that there appears ( my view so please don't shout at me ) that there is a lot of " insider " trading going on. By that I mean someone has a friend who has a friend , who may work in a printers or in a company somewhere that lets slip certain info. My paranoid nature thinks that a lot of leaks can come out of the majors in Central because so many people are involved in retail trading here and " what can it hurt " may be a suitable mantra for such a greed ridden local culture here and with much family on the mainland doing the same thing. Family first and all that.

I say this because a LOT of stocks turn to the upside for no apparent reason and then , either the stock may be suspended or a report comes out. There are also a lot of company announcements that report no reason for movement in stock price / volume and then have a caviat that XYor Z may be happening. So someone is getting knowledge and over a wide spectrum . Not just the odd incident, its rife.

Also there is also the " Club effect " . That is a pattern where you see a minimal upside against the pattern , usually late in the day or before the lunch break. Then a flatline followed by a jump. This is probably some retail investors taking a position then getting round their friends and boosting the share. I have made quite a few bucks spotting that but set the limit at 15% on the day. Then cut and run.

Using the intraday combined with the 5 day chart is a valuable tool. Is not been seen in the last few days as the market has been in turmoil with the events in China.

I just wish that David Webbs site www.webb-site.com was more active in this sort of thing but I think the guy is a busy as he can be with so many hats at the exchange.

The HK market as we have all seen is very volatile . Just look at the top 20 charts every day. Then read up on the company and wear out brain cells by trying to figure why the stocks went up. Gay Giano ( 686 ) yesterday and on the 4th. Sewco ( 209 ) on the same day. Heritage ( 412 ) the only thing that affected it was the fact thet they DIDN'T enter into a speculative arrangement. It wasn't worth a 111 % rise

For me there is a stock ( which should be nameless ! ) that I think is brilliant on paper. Its asset value in more than its market cap. Its investing in new automated equipment against orders so as to reduce the high labour cost in the GDG area and also to increase its share in the high quality high value end of its product sphere. Its got great management shown becuase the terms for their last machinery buy was 20% down and the balance due 2yrs hence --- and -- Its doesn't move and has low turnover ( the reason it doesn't move ). Go figure. I think the small caps end of the market analysis is on par with Happy Valley and Shatin racecourse days.

For today, maybe someone can explain to me the pricing reaction on NW Industry ( 8258 ) which opened at HKD0.098c ( resume of trading noticed to the HKex at 8:13am ) and had a few retails buy trades which caused it to peak out at HKD0.90c by 10:12!!!! This for a stock that has never ever been above HKD0.22c and normally half of that. No large buying at all.

Yes - their results published an also stratispheric increase by approx the same percentile. The remarkable thing was that there is a very strong indication of no pre session trade which SHOULD on the results alone have made it open much much higher. Stock should rise on volume and results. With no obvious volume pre session and until 5 minutes into the session HAD ZERO VOLUME. It peaked on a volume of 1 million shares.

Long story short. Even if you understand , you never can.

[sarpesius]

Originally Posted by Boris

Also there is also the " Club effect " . That is a pattern where you see a minimal upside against the pattern , usually late in the day or before the lunch break. Then a flatline followed by a jump. This is probably some retail investors taking a position then getting round their friends and boosting the share.

Stocks often fall back around the lunch hour after a morning rally. So to avoid getting caught in that, it's sometimes better to wait until just after lunch to buy in. This might be close to what you are describing depending on local customs.

[fatmat]

http://www.sctrade.com