From the South China Morning Post:
Year of the Tiger: avoid March, September pitfalls as Hang Seng makes amends for a poor, defeated Ox, CLSA’s Feng Shui Index shows
- Luck will smile on investors born in the years of the horse, rabbit, goat and pig, according to the tongue-in-cheek index compiled by CLSA
The Water Tiger signifies good prospects for industries related to shipping and cross-border trade
Hong Kong-listed stocks are likely to scale the charts in the Year of the Tiger, making amends for a dodgy past 12 months. Luck will smile on investors born in the years of the horse, rabbit, goat and pig, according to the annual Feng Shui Index compiled by CLSA.
The Hang Seng Index will get off to a roaring start when the new year based on the Chinese calendar kicks in from February 1, analysts Justin Chan and Stella Liu said at a briefing on Tuesday. March and September are potential pitfalls, they added.
“The noble tiger will lead us on a journey of twists and turns that finishes on a high note,” they said.
In the year of the Water Tiger, the lack of fire or metal presages a year of sudden changes. The Hang Seng’s lucky elements are fire and wood, so wood’s abundance in the Water Tiger’s destiny chart bodes well for Hong Kong’s market, they added.
The Water Tiger signifies good prospects for industries related to shipping and cross-border trade, they said. The internet sector, however, may lose some of its shine. Its natural element being fire means investors should expect a “mediocre outlook.”
“Since water is the star of the year, trade, shipping and travel should pick up, holding steady over the summer before pushing higher in winter,” CLSA said. “In contrast, metal is entirely absent this year, bringing challenges to the financial markets.”....
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Here is CLSA's dedicated Lunar New Year Feng Shui Index page but be forewarned: there are enough rabbit holes and detours to make Kowloon Walled City look like the Great Plains or the Eurasian Steppe.
