(Repost) From a technical analysis perspective, CLSA technical analyst Balanco has indicated weak signals for $Hang Seng Index(00HSI.HK) and predicts a 5-10% pullback to the range of 21,070-21,356. Balanco advises investors to take profits from Bank of China, $BYD Company(BYDDY.US), $HSBC HOLDINGS(00005.HK), Sinopec, $SMIC(00981.HK), $SUNNY OPTICAL(02382.HK), $XIAOMI-W(01810.HK), and $BABA-W(09988.HK).
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