Kung Hei Fat Choy!: For the Lunar New Year, CLSA's Feng Shui Index

From CLSA:

Hong Kong – Friday, 17 January 2020 – CLSA Limited (CLSA), Asia’s leading capital markets and investment group, today launches its 26th CLSA Feng Shui Index (FSI), a tongue-in-cheek outlook of the Hang Seng Index (HSI) in the Year of the Metal Rat. The guide also includes top sector picks, Hong Kong property tips and zodiac predictions for health, wealth, love and career for the coming year.

Diligent, industrious and positive, the Rat occupies the first position in the 12-year cycle of animals in the Chinese horoscope. This year, the ever-resilient Rat will sharpen its teeth and claws to operate at a high level and keep the cats away from the cheese. Harmony between earth and metal in the Rat’s Feng Shui fortune chart bodes well for the HSI; late spring and early summer could be a golden patch. As always, we advise investors to consult CLSA analysts’ fundamental analysis and market insights prior to making any investment decisions.

Our focus, first and foremost, is to forecast the monthly moves of the HSI, our favourite Earth Rooster, by comparing its birth chart with that of the Metal Rat. The year should start well. Early on, newly implemented regulatory measures are expected to improve business conditions. This will trigger a small market buying incentive which will peter out in March, as contradictions in market conditions permeate the wider world. No need to get anyone’s mazes in a twist, gains will be made in all sectors through to the summer. In late summer, the gains are less impressive, and profit taking is to be expected. A few rattles of the cage to wake our Rooster up in the last quarter, and the HSI will finish the year just below the summer high....MORE

YEAR OF THE

Metal Rat

The Rat Pack hits town

Welcome to the Year of the Metal Rat and our 26^th Feng Shui guide, offering you an alternative look at what's in store to help the luck flow in your direction. On stage with its trusty Rat-Pack buddies, the resilient 'king of the hill, top of the heap' ushers in a new 12-year cycle in the Chinese horoscope. The instability prevalent in last year's charts is absent, and harmonies fill the air.

A rare folk-tale hailing from Tibet and Khotan tells of rats defeating a human army by eating all the leather bowstrings and thongs that held the shields. And in the West, they are best known for carrying the flea that harboured the Black Death. On the other hand, the Philistines worshipped five golden mice, and in China they are associated with money. Above, we feature some more modern famous rats.

Previous Rat Years

How did we fare? It was a downhill cheese-rolling chase in 2008. There were more holes than Swiss cheese in the first half of 1996, but our earthly cock embraced the financial fondue to nearly double its value by year-end. In 1984, we cleverly predicted the moves of the Hang Seng as a mirror image. And in 1972, our beloved Earth Rooster swung on its perch like a piece of prize driftwood for much of the year, then took off like a rat up a drainpipe.....

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