The HSI has lost over 6% within the month, with the heavy protest going on investors continued to dump hong kong stocks today. They are probably thinking "Sell first, think later!"
Well if you are a short term trader, yeah I think its probably wise to had cash out on first light and just wait for things to settle down before deciding whether or not to make another trade.
But if you like reading my blog, you're probably a value investor too... and well, while others flee the scene we are here to investigate and search for value!
While the STI is trading at close to 14 times earnings, the HSI is currently only trading at 11 times!
Lets take a look at 2800HK, a cash based HSI ETF traded on the HK exchange
For more details please go to
http://www.trahk.com.hk/eng/fundinvperf.asp
A brief history on ......