Chow Tai Fook Jewellery (Hong Kong Stock Code 01929) Target Prices And News

Having fallen 2,700 points in 11 sessions out of 12, the Hong Kong market is stabilizing and is launching a rebound today. Though the ratio of the outstanding HSI callable bull contracts to bear contracts has further narrowed to 51:49 on Monday veruse last Wednesday's 57:43, there are still around 70% of the HSI bull contracts distributed between 18,000 and 18,600. They are safe for now as the HSI may consolidate above 18,600 during the rebound.

(Hong Kong and Shanghai time 3 pm Tuesday, May 21, Report by CSV)