On February 1, CLSA** released its annual fun nonsense guide, the Hang Seng Index Annual Feng Shui Guide (hereinafter referred to as the "Feng Shui Guide"), which quickly became popular in the industry.
According to the Feng Shui guide, the Hong Kong market started slowly in the Year of the Dragon, first falling and then stabilizing, recovering in the month before rising to new highs. In terms of the five elements, soil-related industries are profitable, including real estate and construction. Industries related to fire and wood are also thriving, with technology and oil and gas in the former, and healthcare, clothing and art in the latter. In terms of zodiac signs, the Rooster and Snake have the best fortune and are tied for the top spot.
However, at the bottom of the Feng Shui Guide, CLSA** also specifically states that this guide is not a research report and does not constitute investment advice. Launched in 1992 as a Chinese New Year greeting card, the Feng Shui Guide is a popular corporate tradition with a relaxed outlook on the Hong Kong market.
The Hang Seng Index may reach new highs after the month.
Looking back on the upcoming Year of the Rabbit, CLSA**'s Feng Shui Research Report this year shows that the changes in the Hang Seng Index (HSI) are just as predicted by the eight characters, with many actions and few gains. After the market opens, the rabbit jumps up and down throughout the spring, and the previous year's feng shui guide is accurate** to the big landslide in late summer and early autumn, and then the rabbit hides in the ground and no longer moves. According to divination**, the rabbit should leap to its feet. But until this year's guidelines were released, there was still no improvement.
Looking ahead to the Hang Seng Index for the Year of the Dragon, CLSA** pointed out that based on Feng Shui theory, the Hong Kong market started slowly, fell first and then stabilized, recovered in the month, and then rose to a new high.
According to the Feng Shui guide, the Hang Seng Index, which was born on November 24, 1969, has five elements of earth and a rooster in its zodiac sign. In the zodiac, the dragon is closely associated with the rooster because the dragon belongs to the earth, the rooster belongs to gold, and the earth can produce gold. Moreover, the fire in this year's eight characters directly strengthened the Hang Seng Index's too cold life chart. On the other hand, there will be a shortage of water in 2024, which usually means that it is not conducive to **. It will be difficult for Henderson to completely reverse this trend, but it is full of water and air in its eight characters, which should ensure that the portal is unblocked.
Soil-related industries are profitable.
Feng Shui guidelines point out that with the start of a new cycle of flying stars, fire will succeed the earth as the dominant one, and in the next two decades, fire-related industries are likely to make a fortune.
The five lines and eight characters show that the industries related to soil are profitable, including real estate and construction.
Industries related to fire and wood are also thriving, with technology and oil and gas in the former, and healthcare, clothing and art in the latter.
This year, the weakest of the five elements is water, shipping, ** and other industries have the opportunity to encounter wind and waves, but it is likely that the business will still be busy.
Feng Shui guides also show that when the dragon raises its head, most of the signs are stable and good. The chicken and snake have the best luck and are tied for the top spot. They were followed by pigs. At the bottom are the rabbit and the dog, the poor rabbit has just escaped from Tai Sui's sight, and it is likely to be an even harder year. The other seven genera are similar to the dragon's fortunes: they can be big and small, and they can rise and hide, which can be described as mixed.
It is not advisable to use metaphysics ***.
Fun is fun, but rather a serious research report, the aforementioned "Feng Shui Guide" is a popular corporate tradition of CITIC CLSA**, which was first presented as a Lunar New Year greeting card in 1992. At that time, they attached the ** of several feng shui masters to the greeting cards they sent to customers during the Spring Festival, and then added the views of brokerage analysts, coincidentally** all 7 major turning points of the Hang Seng Index that year, which became a good story.
It is worth mentioning that in February 2023, some members of the two sessions put forward a proposal to "severely crack down on the trend of blind feng shui testing".
At that time, in response to the suggestion of "severely cracking down on the trend of blind feng shui testing", the China Securities Regulatory Commission said that in regulatory practice, it was found that some analysts and investment advisers used the theories of the sexagenary branch and the five elements of yin and yang to analyze the market trend or provide investment advice services, which deviated from the basic principles of independence, objectivity, fairness and prudence in publishing the first research report, and violated the law and relevant practice norms.
The China Securities Regulatory Commission has taken administrative supervision measures against the non-compliant ** companies and related responsible personnel in accordance with the law, guided the ** industry association to take self-regulatory measures against the relevant responsible personnel, and urged the relevant ** companies to seriously pursue their internal responsibilities. While strictly cracking down on violations of laws and regulations, we will strengthen on-site inspections, inform the industry of violations using Feng Shui theory analysis, reiterate and emphasize laws and regulations, strengthen warning education, and purify the industry ecology.
In the next step, the China Securities Regulatory Commission will strictly implement the "Opinions on Strictly Cracking Down on Illegal Activities in Accordance with the Law" issued by the Office of the Central Committee and the State Council, continue to strengthen the supervision and law enforcement and self-discipline management of the first research report, and severely crack down on violations such as the use of the Heavenly Stems and the Five Elements of Yin and Yang Feng Shui Theory, so as to maintain market order and the legitimate rights and interests of investors.
*:* Times Brokerage China.
Editor: Xiaoya.